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    000 County Road 1235 Savoy, TX 75479

    For Sale
    $2,300,000

    Unimproved Land - Savoy, TX

    Type:Unimproved Land
    Lot size:
    64.58 Acres
    Days on Market:
    139
    Last Refresh:
    Dec 10 at 11:06 am

    Property Features for 000 County Road 1235

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000000073261
    Lot size
    64.58 Acres

    Building Details

    Year built
    1989
    Architectural style
    Other

    Fairview Development Inc. (972) 422-2500

    Listing agent Joshua Bryan (972) 422-2500 License #0583582

    Listing date Jul 25, 2025

    MLS# 21013131 Listing URL

    Copyright © 2025 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.

    Overview

    Unimproved Land in Savoy, Texas

    This 64.575-acre tract of land is located at the northeast corner of FM 1235 and Hwy 82 in Savoy, Texas. The property features 770 feet of frontage on Hwy 82 and includes a residence currently under a leasing agreement. The land benefits from an agricultural exemption, which reduces the tax liability. Situated approximately 59 miles north of Dallas, the site is within a 45-minute drive of a workforce exceeding 550,000. Located outside city limits, the property has few use restrictions, presenting a versatile opportunity for development projects. The property is located approximately 8 miles west of Bonham, a city with a population of 27,000, and near the recently opened Bois d’Arc Lake. It is also 11 miles from Sherman, a city with a population of 45,000 that is experiencing expansions such as the Texas Instruments Chip Manufacturing Facility and Globitech’s $5 billion expansion. Furthermore, Hard Rock Hotel and Margaritaville Resorts are establishing locations on Lake Texoma, which is approximately 35 miles north. The property is suitable for an RV park, flex office space, or manufactured homes.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Savoy
    County
    Fannin
    State
    Texas
    Longitude
    -96.33548
    Latitude
    33.616095

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    FAQs

    What type of property is this?
    Land - 64.575 acres of land suitable for various development projects.
    Where is this land located?
    The property is located at 000 County Road 1235 Savoy, TX.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - No zoning restrictions offer versatile development potential for RV Park, flex office, or manufactured homes.; - Strategic location at the corner of FM 1235 and Hwy 82, with **770 feet of frontage on Hwy 82**, offering high visibility and accessibility.; - Proximity to major economic developments in Sherman and Bonham promises significant job growth and increased demand.
    (972) 422-2500
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    Savoy, TX 75479
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 County Road 1235 Savoy, TX 75479
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