Tbd County Road 3640, Ladonia, TX 75449

Property Description

11.85 acres MOL of gently rolling pasture with 615 feet of frontage on CR 3640 in Fannin County, near the south shore of Lake Ralph Hall. The tract has roughly 20 feet of elevation change and no floodplain. It is mostly open pasture with scattered trees and a defined tree line along the east boundary. The higher ground has lake views to the north. The property is within the proposed Light Lake Commercial area of Fannin County’s Future Land Use Plan, which calls for 1-acre minimum lots. This is a proposed designation and is not adopted zoning. Potential uses may include light commercial or mixed-use development, subject to county approval. The east boundary adjoins land owned by Upper Trinity Regional Water District that is designated as a mitigation area. That gives the property open space along that side. Electricity is available at the road. City water currently reaches the area at Highway 34 and would need to be extended to serve this tract. Access is from CR 3640. The property has no Highway 34 frontage. This tract is part of a larger 34 acre MOL property. Additional acreage is available, and the seller is open to configuring the tract to fit a buyer’s needs. There is an agricultural exemption in place, so buyers should account for possible rollback taxes if the use changes. Buyer to verify zoning and entitlement status, utility extension costs, and tax exposure with Fannin County and appropriate professionals.