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    678 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 7:06 am

    Property Features for 678 County Road 1235

    General Information

    Property type
    Land
    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# 21013110 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

    64+ Acres in Savoy, TX

    This 64.575-acre tract is located at the northeast corner of FM 1235 and Hwy 82 in Savoy, Texas, and features 770 feet of frontage on Hwy 82. The property includes a residence currently under a leasing agreement. The land is outside city limits and has few use restrictions, presenting a versatile opportunity for development. The property is suited for an RV park, flex office space, or manufactured homes. An agricultural exemption reduces the tax liability. The site is 59 miles north of Dallas, within a 45-minute drive of a workforce exceeding 550,000. It is 8 miles east of Bonham, a city with a population of 27,000, and near the recently opened Bois d’Arc Lake, an area expected to generate around 2,400 new jobs. The property is also 11 miles from Sherman, a city with a population of 45,000 that is undergoing expansions such as the Texas Instruments Chip Manufacturing Facility and Globitech’s $5 billion expansion, developments anticipated to create thousands of jobs. Hard Rock Hotel and Margaritaville Resorts are establishing locations on Lake Texoma, merely 35 miles north, suggesting an increase in tourism and leisure opportunities.
    Property Profile 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 - Unrestricted 64+ acre land near Bonham and Sherman, Texas.
    Where is this land located?
    The property is located at 678 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: explore versatile development opportunities.; - Strategic location: corner of FM 1235 and Hwy 82, 59 miles north of Dallas.; - Economic growth area: near Bonham, Sherman, and Lake Texoma.
    (972) 422-2500
    Request Owner's contact information
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    678 County Road 1235 Savoy, TX 75479
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