UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Five Points
MLS Listing ID 20860908
HOA Fees $2,400/ann
HOA Y/N Mandatory
Lot Size 1.010 Acres
Acres 1.01
Property Sub-Type Unimproved Land
Property Description
Lot 1 Lakeshore Terrace offers stunning lake views from both the front and back yard, providing the ultimate lake living experience in Five Points, on Bois d'Arc Lake. Just minutes from the South 1396 Boat Ramp, this property combines convenience and accessibility, making it a rare find under $300K in this rapidly growing area.
Located off FM 1396 and US-82, enjoy an easy commute to Bonham, Melissa, Sherman, Paris, and the greater DFW area, making it an excellent choice for both full-time residents and weekend retreats. Short-term rentals are allowed, making this a prime opportunity for investors looking to capitalize on the lake's increasing popularity.
Amenities at Five Points include a clubhouse with putt-putt, a swimming pool, a fitness center, an indoor lounge, observation decks, and a planned marina. Nearby, the upcoming Belle Vie community will bring additional recreational options, retail, an outdoor venue, and a future hotel.
Don't miss your chance to secure a spot in one of Texas' most exciting new lake communities!
*Buyer to verify all information*
Location
State TX
County Fannin
Community Boat Ramp, Club House, Community Dock, Community Pool, Fishing, Fitness Center, Gated, Golf, Lake, Marina
Zoning Di Hopkins Fannin County Development - Service Director 903-449-4220 dhopkins@fanninco.net
Direction From Bonham, take US-82 East toward Paris. Turn left onto FM 1396 and drive north for about 6 miles. Lot 1 is on the left at the second entrance, just past CR 2985.
Exterior
Community Features Boat Ramp, Club House, Community Dock, Community Pool, Fishing, Fitness Center, Gated, Golf, Lake, Marina
Utilities Available Co-op Electric, Co-op Water
Garage No
Building
Lot Description Acreage, Interior Lot, Subdivision, Water/Lake View
Schools
Elementary Schools Honeygrove
Middle Schools Honeygrove
High Schools Honeygrove
School District Honey Grove Isd
Others
Restrictions Building,No Mobile Home
Ownership On Record
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20860908
13276 Research Blvd, Suite # 107, Austin, Texas, 78750, United States