NOT LISTED FOR SALE

1973 Farm To Market 87 Ector, TX 75439

25.95 Acres
-- Price per Acre
1,130,338 Sq Ft Lot

Last Sold April 19, 2024

55 Days on Market

Highlights

  • 25.95 Acre Lot
  • 3 Stock Tanks or Ponds
  • Many Trees

About This Lot

As of April 2024

BUY and HOLD or DEVELOP now. Excellent 25.949 acre tract located on the west side of quickly growing Bonham on FM 87 has potential for use as a commercial, warehouse or residential and agricultural or a great buy and hold opportunity. New 8 inch waterline across the frontage. Approximately 1300 feet of road frontage on paved FM 87 with two existing entry points. Property is located one-half mile south of US HWY 82, 1.6 miles north of State HWY 56 and 2.3 miles west of State HWY 121 outside of Bonham’s city limits but within its ETJ. Businesses already located on FM 87 include Fannin Electric Cooperative’s new multi-million dollar headquarters on abutting property to the north as well as a paint facility just to the northeast, a transfer facility and a fertilizer production facility. Property currently has an agricultural tax exemption.

Last Agent to Sell the Property

Bruce Roberts

Bois d'Arc Realty, Inc. Brokerage Phone: 903-364-2700 License #0322520 Listed on: 01/31/2024

Last Buyer's Agent

Rex Qiu

Aoxiang US Realty License #0706678

Property Details

Property Type

  • Land

Lot Details

  • 25.95 Acre Lot
  • Many Trees
  • Zoning described as Outside Bonham City Limits; inside Bonham's ETJ

Schools

  • Ector Elementary And Middle School
  • Ector High School

Farming

  • 3 Stock Tanks or Ponds
  • Agricultural Exemption

Utilities

  • Co-Op Electric
  • Property is located within a water district
  • Co-Op Water

Community Details

  • J Whittenberg A1165 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000000085777
  • $54 per year unexempt tax

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s)
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Attribution Contact: 903-364-2700
  • Special Features: None

Exterior Features

  • Easements: Utilities, Water Lines
  • Number Of Tanks And Ponds: 3

Utilities

  • Utilities: All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Available, Rural Water District
  • Number Of Wells: 1

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

  • School District: Ector ISD
  • Elementary School: Ector

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Many Trees, Varied
  • Lot Size Units: Acres
  • Lot Size Area: 25.9490
  • Parcel Number: 000000085777
  • Lot Size Acres: 25.9490
  • Lot Size Sq Ft: 1130338.4400
  • Subdivided: No
  • Zoning Description: Outside Bonham City Limits; inside Bonham's ETJ
  • Possible Use: Agricultural, Commercial, Development, Grazing, Industrial, Investment, Livestock, Manufactured Home, Mini-Storage, Mixed Use, Multi-Family, Pasture, Place of Worship, Ranch, Recreational, Residential, Single Family, Warehouse
  • Present Use: Agricultural

Tax Info

  • Unexempt Taxes: 54
  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: Ector
  • Elementary School Name: Ector
  • High School Name: Ector

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Sold -- -- --
03/27/2024 03/27/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $499,000 -5.7% --
02/27/2024 02/27/24 Price Changed $529,000 -3.6% --
01/31/2024 01/31/24 For Sale $549,000 +119.7% --
02/05/2021 02/05/21 Sold -- -- -- View Prior Sale
12/21/2020 12/21/20 Pending -- -- --
11/15/2020 11/15/20 For Sale $249,900 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bruce Roberts

    Seller's Agent in 2024

    Bruce Roberts

    Bois d'Arc Realty, Inc.

    (903) 815-5029

    74 Total Sales

    Bruce Roberts
    Section Image

  • R

    Buyer's Agent in 2024

    Rex Qiu

    Aoxiang US Realty

    (469) 605-4508

    157 Total Sales

    Rex Qiu
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20523751

North Texas Real Estate Information Systems (NTREIS)
Texas Fannin County Ector 75418

1973 Farm To Market 87, Ector, TX

Not Listed for Sale

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