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$ 449,000

Est. payment | -/mo

1.45 Acres Lot

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$ 449,000

Est. payment | -/mo

Save Virtual Tour

1.45 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Miller Lakeview Estates

MLS Listing ID 21408790

HOA Y/N None

Year Built 1970

Annual Tax Amount $1,742

Lot Size 1.453 Acres

Acres 1.453

Property Sub-Type Improved Land

Property Description

An exceptional opportunity to own 1.45 acres of strategically located property on Highway 34 in Ladonia, Texas! Situated directly across from the entrance to the future Upper Trinity Regional Water District administration, operations, and maintenance offices and lake visitor center, this property offers outstanding potential in an area poised for exciting growth. Completion of the district facilities is anticipated by September 2027. Currently zoned Lake Commercial District, this property offers a wealth of possibilities for future commercial development. With excellent highway frontage, convenient access, and a prime location near the future lake facilities, it is an opportunity worth exploring for investors, entrepreneurs, and developers alike. The property includes an existing 1,413-square-foot dwelling, previously used as a residence, providing additional flexibility for potential future use, subject to applicable zoning and approvals. Once completed, Lake Ralph Hall is expected to become a major recreational destination, offering opportunities for fishing, boating, nature watching, and more, while providing approximately 59 billion gallons of water storage. The popular Ladonia Fossil Park is also just a short drive away, adding to the area's appeal for visitors and outdoor enthusiasts. Don't miss the opportunity to invest in a property with location, visibility, and exciting future potential! Whether you're envisioning a commercial venture, a business serving lake visitors, or another compatible development, this property deserves a closer look.

Location

State TX

County Fannin

Zoning Commercial

Direction From Hwy 56 in Honey Grove, take Hwy 34 South approximately 9 miles, go over the Lake Ralph Hall bridge and property is on the left. From Hwy 34 in Ladonia, continue N on Hwy 34 for approximately 3 miles to property on the right.

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Heat Source Central, Electric

Exterior

Utilities Available Asphalt, Cable Available, Electricity Available

Street Surface Asphalt

Garage No

Building

Lot Description Few Trees, Lrg. Backyard Grass

Schools

Elementary Schools Fannindell

Middle Schools Fannindell

High Schools Fannindell

School District Fannindel Isd

Others

Restrictions Building

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21408790

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Dale Horton • FanninLand Realty

Nearby Locations

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+1(972) 401-1400

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10829 St Highway 34 Ladonia, TX 75449

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Key Details

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Interior

Exterior

Building

Schools

Others

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10829 St Highway 34