Listing provided courtesy of Arrowhead Land Company- MLS# 21284917MLS ProviderContact Information: Joseph Marzahl - 469-596-9016

TBD HWY 34Honey Grove, TX 75446

Vacant Land · 116.53 Acres
$4,661,200 Active

TBD HWY 34 Overview

Visits:
0

Positioned along the future shoreline of Lake Ralph Hall, one of the largest new reservoirs built in Texas in decades, this 116.53 acre tract in Fannin County delivers nearly a mile of future lake frontage, clean productive hay meadow, and multiple elevated build sites with potential for sweeping lake views, all before surrounding values fully reflect what's coming. With approximately 0.35 miles of paved frontage along Highway 34, two gated entrances, and electricity available at the road, the property is immediately accessible and usable while you plan for what comes next. Gently rolling topography and virtually no wasted acreage make it well-suited for a private estate, ranchette subdivision, lakefront residential development, or long-term investment hold. Future zoning expectations of minimum 1-acre lots provide a clear path for investors and developers. Lake Ralph Hall is projected to span roughly 7,600 surface acres with planned amenities including boat ramps, fishing access, hiking and biking trails, a pedestrian bridge, and designated hunting areas; Texas Parks and Wildlife has already begun stocking the future lake footprint with bass, crappie, and catfish. Located approximately 90 miles northeast of Dallas, 6 miles south of Honey Grove, and 16 miles east of Bonham, this property sits within easy reach of one of the fastest-growing population centers in the country, and as the lake fills, shoreline tracts like this one are expected to see significant appreciation. Large-acreage properties with future lake frontage, paved highway access, and real development potential are becoming increasingly rare in North Texas! Disclaimer: The boundary lines shown are approximate and are provided for general reference only. Arrowhead Land Company makes no representations or warranties, express or implied, as to the accuracy, completeness, or reliability of those property lines. Buyers are advised to obtain an independent survey to verify exact property boundaries.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

TBD HWY 34 Facts & Features

  • Type Vacant Land
  • Lot 116.53 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,Investment

Location/Region

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

General Information

  • Parcel Number: 76297
  • Possible Use: Development,Investment,Residential
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Agricultural
  • Lot Size Acres: 116.53
  • Lot Size Area: 116.53
  • Lot Size Square Feet: 5076046.8
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Fencing: Barbed Wire
  • Road Frontage Type: Highway
  • 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 34 Monthly Cost

$
$ %
%
$
$
* 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 34 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


Prosperity Home Mortgage, LLC

Prosperity Home Mortgage, LLC

When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.


HomeServices Insurance

HomeServices Insurance

HomeServices Insurance is an independent agency that operates through a network of offices located throughout the northern Texas area.  As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more.  We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs.