Current Use by Public Records
- Land
Property Details for 121 State Hwy
- Lot size
- 57.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 57-acre property presents a remarkable opportunity for diverse development. Located in Fannin County, Texas, on the southeast corner of State Highway 121 and County Road 635, this unzoned land offers significant potential for various uses, including residential, commercial, and industrial projects. Its strategic location, just 15 miles northeast of McKinney and 15 miles southwest of Bonham, provides easy access to major transportation routes. The property is situated within the desirable Trenton Independent School District and benefits from proximity to the new Bois D'Arc Lake (approximately 17,000 surface acres), further enhancing its appeal. State Highway 121, a four-lane divided highway, provides excellent connectivity from Highway 75 in McKinney directly to the property. Water service is available through Desert WSC, with sufficient capacity to support future residential and commercial development. A conceptual plan illustrating a potential 42-lot, 1-acre lot subdivision is available for review. This presents a unique opportunity for developers seeking a prime location for a variety of projects, including office warehouses, RV and boat storage, and residential subdivisions. The asking price is $6,726,000. The property's APN is 77092. The seller is motivated and open to creative deal structures.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Randolph
- County
- Fannin
- State
- Texas
- Longitude
- -96.3847
- Latitude
- 33.3966
