$359,200
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TBD1 Highway 11 Bailey, TX 75413
20.07 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision A1260 G Tefteller
MLS Listing ID 20553628
Sold Date 08/30/24
HOA Y/N None
Annual Tax Amount $88
Lot Size 20.066 Acres
Acres 20.066
Property Description
20 acres of good farmland with Highway 11 frontage and also County Road 4805 frontage on the South side. No zoning or restrictions, open to just about any king of use. Water and electricity available. Great location and easy access from any directions from 2 major highways. Easy short drives to McKinney, Sherman, Denison, Bonham & Greenville Texas. The land is currently in Ag Use with annual taxes being approximately $100. The land is also leased to a local farmer who can continue leasing it to preserve your ag exemption.
I think this property would make a nice private runway for small airplane. This is a great investment property.
Location
State TX
County Fannin
Zoning No known zoning
Direction In Bailey from Hay 78 & Hwy 11 Intersection go West on Hwy 11 to property on the South side of Hwy 11. Sign on property.
Exterior
Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Available, Gravel/Rock, Overhead Utilities, Phone Available, Propane
Street Surface Asphalt,Gravel
Garage No
Building
Lot Description Acreage, Agricultural, Cleared, Level, Undivided
Schools
Elementary Schools Finleyoate
High Schools Bonham
School District Bonham Isd
Others
Restrictions No Known Restriction(s)
Ownership See Agent
Acceptable Financing 1031 Exchange, Cash, Conventional, Federal Land Bank, Texas Vet
Listing Terms 1031 Exchange, Cash, Conventional, Federal Land Bank, Texas Vet
Financing Cash
Special Listing Condition Aerial Photo
Read Less
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Bought with PAT FOURNIER • FMI REALTY