Lakefront Development
New
For Sale
$3,300,000
7355 Fm 897, Telephone, TX 75488
Land, Telephone, TX
Property SizeContact for details
Lot Size18.72 Acres
Days on Market2
Property Features for 7355 Fm 897
General Information
Property type
Land
Property subtype
Other
Zoning description
Subject to lake zoning. Currently zoned SF but could easily and more appropriately zoned commercial.
Vegetation
Wooded, Cleared
Subdivision
A0997 J M SADLER
Lot features
Acreage, Waterfront
View
Water
Elementary school
Sam Rayburn
Middle school
Sam Rayburn
High school
Sam Rayburn
Elementary school district
Sam Rayburn ISD
Middle school district
Sam Rayburn ISD
High school district
Sam Rayburn ISD
Directions
From Bonham travel East on US 82 toward Honey Grove. Turn left on FM 897 toward Bois d' Arc Lake and cross the bridge over the lake. Property is on your left just after the bridge. A sign will be out front near the gate.
Standard status
Active
APN
86133
Lot size
18.72 Acres
Taxes and HOA fees
Tax Description
A1209 D WILSON, ACRES 5.782
Tax Annual Amount
5
Legal Description
A1209 D WILSON, ACRES 5.782
Utilities
Sewer type
Septic Tank
Water front features
Waterfront, Lake Front
Water front
1
Building Details
Architectural style
Other
Additional Structures
Barn(s)
Listing Agency:
RE/MAX DFW Associates · RE/MAX International
(214) 523-3300
Listed By:
David Ogletree · License #0620676
(972) 462-8181
Added: Sep 11
Changed: Sep 12
Last Checked: Sep 12 at 4:06PM
MLS# 21384592
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 18.721-acre waterfront tract borders Bois d'Arc Lake and includes direct lake access, sweeping shoreline, gently rolling terrain, and multiple potential build sites. A high-capacity waterline is located at the property, and the site is identified with a septic tank sewer feature. The property currently carries an agricultural valuation.
The parcel has extensive frontage on FM 897, the highway connecting the northern and southern sides of the lake. Public boat ramps are nearby, along with a recently approved public marina planned for 200–500 boat slips, RV and boat sales, and other lake-oriented commercial entities. Lakefront use is governed by the North Texas Municipal Water District Shoreline Management Plan.
The parcel has extensive frontage on FM 897, the highway connecting the northern and southern sides of the lake. Public boat ramps are nearby, along with a recently approved public marina planned for 200–500 boat slips, RV and boat sales, and other lake-oriented commercial entities. Lakefront use is governed by the North Texas Municipal Water District Shoreline Management Plan.
Key Highlights
- 18.721‑acre lakefront parcel on Bois d'Arc Lake
- Extensive frontage on FM 897
- Direct lake access with sweeping shoreline
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 75488, TX
1,144
Population
480
Households
2.4
Avg Household Size
46
Median Age
17%
College-Educated
98%
High-School Grad
119.2 sq mi
ZIP Area
10
Density / Sq Mi
$59,231
Median Household Income
$48,598
Median Earnings
$261,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Direct lake access, rolling terrain, multiple build sites, and a high-capacity waterline support future site planning.
Where is this waterfront land located?
The property is located at 7355 Fm 897 Telephone, TX.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 18.721‑acre lakefront parcel on Bois d'Arc Lake; Extensive frontage on FM 897; Direct lake access with sweeping shoreline
