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Grazing and Hobby Farm Land

TBD 247 Acres Fm 1396 Highway Ivanhoe, TX 75447

TBD 247 Acres Fm 1396 Highway, Ivanhoe, TX, 75447
$2,957,422
For Sale
$2,957,422

LAND - Other - Ivanhoe, TX

Lot Size247.48 Acres
Days on Market47

Property Features for TBD 247 Acres Fm 1396 Highway

General Information

Property type
Land
Property subtype
Other
Vegetation
Wooded, Grassed
Standard status
Active
APN
000000072624
Lot size
247.48 Acres

Taxes and HOA fees

Tax Description
A0180 M CALDWELL, ACRES 247.483
Tax Annual Amount
369

Utilities

Sewer type
Septic Tank

Building Details

Architectural style
Other
Listing Agency C-21 DEAN GILBERT, REALTORS
Sherman, TX
Listed by BEN WILLIAMS · License #0472370
Added: Jun 2 Checked: Jul 18 at 7:06 am
MLS# 21283912 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This offering presents a 247-acre land tract in a mix of pasture and mature trees, with gentle, varied terrain and wide-open space throughout. The property includes a big pond and is described as having dozens of potential home settings, supporting a range of country living plans. The seller notes an agricultural exemption is already in place, adding appeal for buyers looking to maintain land use flexibility while they decide on future improvements.

Located in Fannin County near Ivanhoe, the land is positioned for those who want privacy without being far from nearby towns, lakes, and recreational areas. The remarks also highlight proximity to “minutes to town” options and local attractions such as museums, parks, and rodeo events. For buyers considering additional versatility, the property is also associated with the once-a-month Bonham Trade Days.

From a tenant and operator perspective, this is best suited to buyers seeking rural land for a private residence, hobby farm, or ranch-style setup. Investors may also view it as a long-term hold opportunity given the seller’s stated rationale for appreciating land values. The seller also indicates the acreage can be made up of multiple tracts referenced in MLS listings 21164414, 21170534, 21171048, and 21171053, should a smaller configuration fit your plans.

Key Highlights

  • 247‑acre property in Fannin County with a mix of trees and pasture and a big old pond
  • Gentle varied terrain with wide open spaces and multiple potential home/barn sites
  • Agricultural exemption is in place

Property Analytics

Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

FAQs

What type of property is this?
Agricultural land / Farmland - A large tract with pasture and mature trees, offering privacy and flexibility for homes, barns, or long-term land investment.
Where is this agricultural land / farmland located?
The property is located at TBD 247 Acres Fm 1396 Highway Ivanhoe, TX.
What is the asking price?
The asking price for this property is $2,957,422.
What are key features of this property?
This property features: 247‑acre property in Fannin County with a mix of trees and pasture and a big old pond; Gentle varied terrain with wide open spaces and multiple potential home/barn sites; Agricultural exemption is in place
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