Tbd 000 Fm 1396Honey Grove, TX 75446Price: $2,250,000

With a combined 4200 feet of road frontage on FM 1396 and CR 2995 you can't go wrong investing in this property. The amount of road frontage makes this property easily subdivided to add value. Only 3 miles from the FM 1396 boat ramp on Bois d' Arc lake this property offers tons of opportunity. Rolling terain with views for miles add to the appeal as well as established stands of native and coastal bermuda grasses. With 5 ponds on the property, scattered pecans and thicker stands of hardwood timber along the creek this is the perfect buy and hold investment. Maintain the agricutural tax evaluation that gives the property low overhead and carrying cost by leasing the property out or running your own cattle or hay operation. Recreational value is also endless with an abundance of whitetail deer and wild hogs. Hard to find an investment that you can play and relax on while it appreciates. Will subdivide or an additional contiguous 106 acres with a home located on County Road 2980 are also available in a separate listing. The east half with road frontage is unzoned and back half falls within the Bois d' Arc lake zoning area and is zoned agricultural and ranching with 5 acre minimum lot size for subdevelopment.