678 County Road 1235, Savoy, TX 75479

64.58 Acres of Commercial Land Offered at $2,600,000 USD in Savoy, TX 75479

Date Added:
September 16, 2024
Days on Market:
7 days

Asking Price $2,600,000

Property Type
Land

Listing Contacts

Josh Bryan
Josh Bryan
Verified Profile
  • Property Info

Property Overview

± 64.575 Acres
ZONING: Savoy ETJ - Outside City Limits
Excellent opportunity for RV Park, Boat Storage or Estate Lots.
UTILITIES: 3’ and 6’ Water available, No Sewer
770 ft. of Frontage on Hwy 82
Home on site is currently leased.
Limited tax exposure with Ag exemption in the place.
Approximately 59 miles North of Dalllas, Texas.
Workforce of over 550,000 within a 45 minute drive.
The property is located outside of City Limits, and affords minimal use restrictions.
Bonham is 8 miles East of the site, with a population of 24,000. Bois d’Arc Lake (16,641 acres) recently opened,which will create an estimated 2,400 News Job.
11 miles from Sherman, Texas which boasts a population of 45,000, with Texas Instruments Chip Manufacturing Facility is currently under construction for a $30 billion expansion, the largest economic development project in Texas State History. Estimated 3200 jobs will be created as a result.
Globitech’s $5 billion expansion is also underway in Sherman, which will produce an estimated 1,500 employees.
Hard Rock Hotel and Margarativille Resorts recently announced positions on Lake Texoma, just +- 35 miles North.

Property Details

Property Subtype
Commercial

Highlights

  • +- 65.575 Acres located on Hwy 82 between Sherman and Bohnam
  • ZONING: Savoy ETJ - Outside City Limits with limited restrictions
  • Water Available
  • Bois d’Arc Lake (16,641 acres) recently opened for recreation,which is estimated create an estimated 2,400 News Jobs in Fannin County.
  • 770 ft on Highway 82
  • Home on site is being leased for $3,100/month

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