Ector, TX 75439,1973 Fm 87
$499,000
Est.Price: ?

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25.95 Acres Lot

1973 Fm 87 Ector, TX 75439

Est. payment /mo
SOLD DATE : 04/19/2024

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision J Whittenberg A1165

MLS Listing ID 20523751

Sold Date 04/19/24

HOA Y/N None

Annual Tax Amount $54

Lot Size 25.949 Acres

Acres 25.949

Property Description

BUY and HOLD or DEVELOP now. Excellent 25.949 acre tract located on the west side of quickly growing Bonham on FM 87 has potential for use as a commercial, warehouse or residential and agricultural or a great buy and hold opportunity. New 8 inch waterline across the frontage. Approximately 1300 feet of road frontage on paved FM 87 with two existing entry points. Property is located one-half mile south of US HWY 82, 1.6 miles north of State HWY 56 and 2.3 miles west of State HWY 121 outside of Bonham’s city limits but within its ETJ. Businesses already located on FM 87 include Fannin Electric Cooperative’s new multi-million dollar headquarters on abutting property to the north as well as a paint facility just to the northeast, a transfer facility and a fertilizer production facility. Property currently has an agricultural tax exemption.

Location

State TX

County Fannin

Zoning Outside Bonham City Limits; inside Bonham's ETJ

Direction Property is located on the west side of FM 87 one-half mile south of US HWY 82 or 1.6 miles north of State HWY 56.

Exterior

Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Available, Rural Water District

Garage No

Building

Lot Description Acreage, Many Trees, Varied

Schools

Elementary Schools Ector

Middle Schools Ector

High Schools Ector

School District Ector Isd

Others

Restrictions No Known Restriction(s)

Ownership Weaver

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

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

Financing Seller Financing

Special Listing Condition Aerial Photo, Survey Available

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bruce Roberts • Bois d'Arc Realty, Inc.
Bought with Rex Qiu • Aoxiang US Realty

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Meredith Johnson

Agent | License ID: 995690239

+1(318) 426-6120

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