Opportunity Zone Development Land

Property Description

Discover the potential in this 80-acre development site outside of city limits that offers both convenience and rural living, located near 4 main highways, 8 minutes from Bonham, 25 minutes from Sherman, and just over an hour from Dallas. With 950 ft of CR 1525 frontage and 840 feet of CR 1520 frontage plus 2 modes of ingress and egress, this location offers excellent accessibility and visibility along with flexible access for any development plans. Currently ag exempt and used for hay production, this property also has good surface water with a 1-acre pond and a 1/2-acre pond. The larger pond provides good fishing and is well-stocked with catfish and black bass. The terrain is primarily open with a 20 ft elevation change, but several areas of tree cover create good wildlife habitat and good deer hunting. Perimeter fencing in good to fair condition. The property includes a cozy 900 sf 1BR 1B cabin, perfect for a weekend residence. Additionally, a 1,200 sf barn (20x60) with 2 roll-up doors, electricity, and concrete slab provides ample storage for equipment and supplies. Pipeline easement (See Map). Seller will reserve any owned minerals. Bonham ISD.

This property is exclusively listed by John Willingham of Clayton-Waggoner Properties, LLC. Any and all information contained herein has been obtained from sources deemed reliable by Listing Broker. Listing Broker does not warranty or guaranty the accuracy of the information.

Buyers broker/agent must be identified on first contact and must accompany prospective buyer on first showing to be allowed full fee participation. If this condition is not met, the fee participation will be at the sole discretion of the Listing Broker. Prospects may be required to provide proof of funds prior to scheduling a showing.