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Improved Agricultural Land
For Sale
$379,900

1184 Fm-816 - Lot 3, Wolfe City, TX 75496

Land, Wolfe City, TX

Property Size2,400 SF
Lot Size17.77 Acres
Price / SF$158.29
Days on Market80

Property Features for 1184 Fm-816 - Lot 3

General Information

Property type Land
Property subtype Other
Subdivision MC Pherson
Lot features Acreage, Agricultural
Elementary school Evans
Middle school Rather
High school Bonham
Elementary school district Bonham ISD
Middle school district Bonham ISD
High school district Bonham ISD
Directions Off 1184 FM-816 - Lot 2
Standard status Active
APN 000000080772
Lot size 17.77 Acres

Taxes and HOA fees

Tax Description A0819 W MC PHERSON, ACRES 56.0
Tax Annual Amount 3966
Legal Description A0819 W MC PHERSON, ACRES 56.0

Building Details

Year built 2019
Listing Agency: Faris & Co Realty
Listed By: Zach Faris · License #0691730
Added: Jun 20 Changed: Aug 22 Last Checked: Sep 7 at 8:06AM
MLS# 21307516

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 17.771-acre agricultural tract includes a 2,400-square-foot building completed in 2019, with full heating and cooling and 480 square feet of office space. A full-width front porch adds covered outdoor area, while a separate 1,800-square-foot multi-use covered structure provides additional sheltered space. The grounds include mature trees along a seasonal creek, 2 tanks, landscaping, and a rock path extending toward the main structure.

The property is located at 1184 FM-816 in Wolfe City, Fannin County, Texas, minutes from Highway 121 and approximately 35 minutes from McKinney. Utilities are available, and the property carries light deed restrictions. The source information identifies 1 acre for potential homestead use, with the balance remaining under the current agricultural exemption.

Key Highlights

  • 17.771‑acre agricultural tract in Fannin County
  • 2,400‑square‑foot heated and cooled building constructed in 2019
  • Includes 480 square feet of office space

Property Analytics

Current Use

Agricultural land / Farmland

Lease Details

480
Office units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 75496, TX

3,438
Population
1,234
Households
2.8
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
117.0 sq mi
ZIP Area
29
Density / Sq Mi
$77,569
Median Household Income
$42,122
Median Earnings
$900
Median Rent
$172,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Rural acreage includes a heated and cooled building, covered outdoor space, tanks, seasonal creek, and available utilities.
Where is this agricultural land / farmland located?
The property is located at 1184 Fm-816 - Lot 3 Wolfe City, TX.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 17.771‑acre agricultural tract in Fannin County; 2,400‑square‑foot heated and cooled building constructed in 2019; Includes 480 square feet of office space
More about this property
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