TBD County Road 3365 Active

Ladonia,TX 75449

$ 1200000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision D Davis

MLS Listing ID 20497109

Annual Tax Amount $24

Lot Size 26.124 Acres

Property Description

Investment potential only one mile from the shores Lake Ralph Hall. Lake Ralph Hall will be one of Texas’ newest lakes and is under construction on the North Sulphur River in Southeast Fannin County. Once finished, Lake Ralph Hall will provide a host of recreational opportunities and environmental benefits. When the lake is filled and open to the public, it will offer a whole host of new opportunities, including fishing, boating, nature viewing and the nearby fossil park, which is one of Ladonia's most popular and visited sites. The new commercial opportunities will draw locals and visitor alike. The lake will provide crucial water for an area whose population is projected to increase in the next 50 years. Another aspect of Lake Ralph Hall is that this lake could turn into one of the deepest lakes in North Texas. The 300-feet wide, 60-feet deep channel could benefit the lake by resulting in increased water storage coupled with less evaporative loss, creating a fisherman's paradise.

Location

State TX

County Fannin

Zoning Agriculture and Ranching District just outside of the Single Family District for Lake Ralph Hall

Exterior

Fence Barbed Wire

Utilities Available Electricity Available,Gravel/Rock,Outside City Limits,Propane,No City Services

Building

Lot Description Acreage,Few Trees,Gullies,Pasture,Sloped,Tank/ Pond

Schools

Elementary Schools Fannindell

Middle Schools Fannindell

High Schools Fannindell

School District Fannindel Isd

Others

Acceptable Financing 1031 Exchange,Cash,Conventional,Federal Land Bank

Listing Terms 1031 Exchange,Cash,Conventional,Federal Land Bank

Special Listing Condition Aerial Photo

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