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acreage
Acreage
258.1
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-
year built
year built
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Discover an exceptional investment opportunity with this expansive 258-acre property located on FM 2456 in Ladonia, Fannin County, Texas. This versatile tract offers significant frontage on both FM 2456 and FM 4911, providing excellent accessibility and development potential. Key Features: • Prime Location: Situated in the high-demand Ladonia-Pecan Gap corridor, this property benefits from its proximity to the upcoming Lake Ralph Hall, enhancing its appeal for future development and recreation. • Development Potential: The substantial acreage and dual road frontage make this land ideal for subdividing into ranchettes, creating a ranching community, or pursuing other residential developments. The area’s growing interest in rural living presents a lucrative opportunity for developers. • Agricultural Viability: Currently leased to a local farmer, the land is well-maintained and suitable for various agricultural uses, providing immediate income potential and tax advantages for investors. • Natural Amenities: The property features a stock pond, enhancing its suitability for livestock and offering recreational opportunities for fishing and wildlife observation. • Investment Opportunity: With the ongoing development of Lake Ralph Hall and the increasing demand for rural properties, this tract represents a sound investment with the potential for significant appreciation. Embrace the chance to own a substantial piece of Texas land that combines immediate usability with promising future development prospects. Whether envisioning a ranching enterprise, a community of ranchettes, or a strategic investment, this property offers the flexibility to realize your goals.
Location
Subdivision A0538, A0575
County Fannin
Elementary School Fannindell
Middle School -
High School -
open houses Open houses
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MLS number: 20799948
Listing agent: Venkat Gottipati #0541319
Listing broker: Re/Star Llc (214) 455-7623
Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, December 18 2024 at 8:12 p.m. EST
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