$250,000

Description

Owner Lending, 15% Down, 10% Interest, 5 Year Note. Rare Opportunity to purchase 5 acres of hard-to-find land near the brand-new Bois D Arc Lake. With the lake estimated to open in 2024, secure your property while it is still affordable. Bois D'Arc Lake Estates is offering introductory pricing on the first 10 lots sold before prices are raised 40% on the remaining 14 parcels. Beautiful, scattered hardwood trees on nice roads close to the public boat ramps on FM 897. Water is now available along FM 1743 parcels and will be extended to all parcels soon. These lots fall into the new lake zoning of 5-acre minimum parcels. 24 parcels in total are being offered in 5- and 10-acre configurations. TX.D.O.T. culvert permits have been submitted and Water Will-Serve letters are in-hand. Septic will be required. Lake is about 90% full and opens to boats soon. The lots are on the FUN side of the lake designed for recreational boating.

  • Property Details
      • Lot description:Acreage
      • Acres:9.2300
      • Property type:Purchase
      • Utility features:Asphalt, Electricity Available, Outside City Limits, Rural Water District, See Remarks
      • Subdivision:Bois D'Acre Lake Estates
      • School district:Honey Grove ISD
      • Elementary School:Honeygrove
      • County:Fannin
      • MLS #:20510333
      • Cost:250000
      • Property subtype:Unimproved Land
      • MLS #:20510333

Location

Phil HillReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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