UPDATED:
Key Details
Property Type Single Family Home
Sub Type Farm/Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 2,636 sqft
Subdivision Na
MLS Listing ID 21121915
Bedrooms 4
Full Baths 3
HOA Y/N None
Year Built 1991
Annual Tax Amount $6,489
Lot Size 60.280 Acres
Acres 60.28
Property Sub-Type Farm/Ranch
Property Description
The property features a move-in-ready primary home, providing immediate livability or rental income. A second dwelling, currently unfinished, offers tremendous upside as a future rental unit, guest house, or on-site manager's residence—ideal for maximizing ROI.
Additional improvements include a storage shed and a partially constructed horse arena, setting the stage for equestrian operations or recreational use. With its generous acreage, open terrain, and flexible layout, the land is primed for conversion into a full-scale RV park, horse ranch, or a mixed-use development that capitalizes on the area's growth potential.
Whether you're seeking a turnkey investment with built-in expansion opportunities or a large-scale development project with multiple revenue streams, this property delivers the space, infrastructure, and versatility to bring your vision to life.
Location
State TX
County Fannin
Direction Use GPS sign in yard.
Rooms
Dining Room 1
Interior
Interior Features Cable TV Available, High Speed Internet Available
Fireplaces Number 1
Fireplaces Type Brick, Living Room
Appliance Dishwasher, Dryer, Microwave, Washer
Exterior
Utilities Available Aerobic Septic, Cable Available, City Water, Co-op Electric, Outside City Limits
Garage No
Building
Story One
Level or Stories One
Schools
Elementary Schools Evans
High Schools Bonham
School District Bonham Isd
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21121915
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