NOT LISTED FOR SALE

TBD Farm To Market 87 Ector, TX 75439

10.2 Acres
-- Price per Acre
444,312 Sq Ft Lot

Last Sold April 19, 2024

52 Days on Market

About This Lot

As of April 2024

BUY and HOLD or DEVELOP now - shovel ready!. Excellent 10.2 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 - no restrictions.. This property is a hard corner and Future Thoroughfare Plan shows Russell Avenue taking the place of the current CR 1535. New 12 inch waterline across CR 1535 to the south.. Approximately 1150 feet of road frontage on paved FM 87 PLUS frontage of CR 1535. Property is located 700 feer south of US HWY 82, 2 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 across FM 87 to the southeast as well as a paint facility just to the south, 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: 02/03/2024

Last Buyer's Agent

Rex Qiu

Aoxiang US Realty License #0706678

Property Details

Property Type

  • Land

Lot Details

  • 10.2 Acre Lot
  • Zoning described as Not zoned. Unincorporated area but within Bonham's ETJ.

Schools

  • Ector Elementary And Middle School
  • Ector High School

Additional Features

  • Outside City Limits
  • Agricultural Exemption
  • Overhead Utilities

Community Details

  • A1165 J Whittenberg, Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000000127940
  • $29 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: Subdivided
  • Agricultural Exemption YN: Yes
  • Attribution Contact: 903-364-2700
  • Special Features: None

Exterior Features

  • Easements: Utilities

Utilities

  • Utilities: All Weather Road, Asphalt, Electricity Available, Outside City Limits, Overhead Utilities

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
  • Lot Size Units: Acres
  • Lot Size Area: 10.2000
  • Parcel Number: 000000127940
  • Lot Size Acres: 10.2000
  • Lot Size Sq Ft: 444312.0000
  • Subdivided: Yes
  • Zoning Description: Not zoned. Unincorporated area but within Bonham's ETJ.
  • Possible Use: Agricultural, Barndominium, Commercial, Development, Grazing, Livestock, Manufactured Home, Mixed Use, Place of Worship, Residential, Retail, Subdevelopment, Unimproved, Vacant, Warehouse, Other
  • Present Use: Agricultural

Tax Info

  • Unexempt Taxes: 29
  • 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 -- -- --
02/03/2024 02/03/24 For Sale $330,000 +20.0% --
12/20/2021 12/20/21 Sold -- -- -- View Prior Sale
10/20/2021 10/20/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $275,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20525341

North Texas Real Estate Information Systems (NTREIS)