0 Old 1396 Honey Grove, TX 75446
This exceptional 1.438-acre residential lot is situated in the desirable gated community of The Harbor at Five Points on Bois D'Arc Lake in Honey Grove, Texas (zip code 75446, Fannin County). Boasting 125 feet of lake frontage, this property offers a gentle slope to the lake, minimizing the need for extensive land preparation. Mature trees provide ample shade, enhancing the idyllic setting. The lot's location between two convenient access points to the main road ensures easy accessibility. The permitted zoning is SFR (Single Family Residential), allowing for the construction of a dream lake house. Residents enjoy access to a newly constructed clubhouse featuring a swimming pool, a mini-golf course, and a fitness center. The property's proximity to the lake allows for the construction of a private boat dock, perfect for storing watercraft and recreational equipment. This is a unique opportunity to own a piece of Texas lakefront paradise. The asking price for this remarkable property is $675,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.