4030 Co Rd Savoy, TX 75479
This exceptional 89.851-acre commercial land parcel presents a unique investment opportunity in Savoy, Texas, within Fannin County. Located on CR 4030, this property boasts gently rolling terrain ideal for various development projects. The land offers picturesque views and ample space for creating a thriving community. A significant advantage is the on-site water access provided by the Southwest Fannin County SUD, ensuring the feasibility and sustainability of any development. Its strategic location offers a blend of rural tranquility and urban accessibility. Proximity to Sherman, Texas provides easy access to major roadways, including N Hwy 69 (Pettit Pkwy) approximately 2.5 miles away, W Hayes St 56 about 5.4 miles away, and US Hwy 82 roughly 6.2 miles away. The nearby town of Whitewright is only 5.3 miles distant. This property, identified by APNs 73932 and 73933, is priced at $2,425,950 and presents a rare chance to develop a residential community or other commercial venture in this desirable North Texas location. The property's size and features make it an attractive investment for those seeking a substantial land holding with significant development potential. This is a remarkable opportunity to capitalize on the growing demand for land in this area.
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.