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Listing provided courtesy of Fathom Realty- MLS# 21229501MLS ProviderContact Information: April Clements - 888-455-6040

TBD HWY 56 EHoney Grove, TX 75446

Vacant Land · 22.26 Acres
$725,000 Active

TBD HWY 56 E Overview

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This is a rare value-add investment opportunity in a high growth corridor, ideal for developers and investors looking to capitalize on the expanding demand in North Texas. This site is ideally positioned for a single family residential development, with an initial plat prepared for approximately 104 Homes. All major utilities are available, including water, sewer and electricity making it a ready to develop opportunity. Excellent location near future growth and Bois D'Arc lake!

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TBD HWY 56 E Facts & Features

  • Type Vacant Land
  • Lot 22.26 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Honey Grove ISD
  • Elementary School: Honeygrove
  • Middle Or Junior School: Honeygrove
  • High School: Honeygrove

Business Information

  • Current Use: Agricultural,Livestock

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: HONEY GROVE
  • Subdivision Name: A0615

Community/Development

  • Development Status: Other

General Information

  • Listing Terms: Cash,Conventional,Texas Vet,USDA Loan,VA Loan
  • Parcel Number: R000078481
  • Property Sub Type: Improved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage
  • Lot Size Acres: 22.257
  • Lot Size Area: 22.257
  • Lot Size Square Feet: 969514.92
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

TBD HWY 56 E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

TBD HWY 56 E Market Data

Based on the last 30 days in this zip code

$577,254
Average List Price
$232
Average Price per Square Foot
0
Properties Sold
181
Average Days on Market
30
Properties for Sale
Calculations provided by Reliance Network


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