TBD HWY 34 Honey Grove, TX 75446

Previous Listing Price: $4,661,200

About this home

Property Overview

Positioned along the future shoreline of Lake Ralph Hall, one of the largest new reservoirs built in Texas in decades, this 116.53 acre tract in Fannin County delivers nearly a mile of future lake frontage, clean productive hay meadow, and multiple elevated build sites with potential for sweeping lake views, all before surrounding values fully reflect what's coming. With approximately 0.35 miles of paved frontage along Highway 34, two gated entrances, and electricity available at the road, the property is immediately accessible and usable while you plan for what comes next. Gently rolling topography and virtually no wasted acreage make it well-suited for a private estate, ranchette subdivision, lakefront residential development, or long-term investment hold. Future zoning expectations of minimum 1-acre lots provide a clear path for investors and developers. Lake Ralph Hall is projected to span roughly 7,600 surface acres with planned amenities including boat ramps, fishing access, hiking and biking trails, a pedestrian bridge, and designated hunting areas; Texas Parks and Wildlife has already begun stocking the future lake footprint with bass, crappie, and catfish. Located approximately 90 miles northeast of Dallas, 6 miles south of Honey Grove, and 16 miles east of Bonham, this property sits within easy reach of one of the fastest-growing population centers in the country, and as the lake fills, shoreline tracts like this one are expected to see significant appreciation. Large-acreage properties with future lake frontage, paved highway access, and real development potential are becoming increasingly rare in North Texas!

Disclaimer: The boundary lines shown are approximate and are provided for general reference only. Arrowhead Land Company makes no representations or warranties, express or implied, as to the accuracy, completeness, or reliability of those property lines. Buyers are advised to obtain an independent survey to verify exact property boundaries.