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631 S COMMERCE | 20423701 | Allie Beth Allman & Associates
Listing provided courtesy of Fathom Realty - MLS#20423701MLS Provider

631 S COMMERCE

Ladonia, TX 75449
Vacant Land · 25.91 Acres

$750,000 Active

Overview

Time on Site:
16 days
Visits:
0

Discover the perfect opportunity with this 25.9-acre North Texas gem, with 3 road frontage: S Commerce St (1104.19 ft), County Rd 3945 (986.06 ft), and Park St (1181.36 ft). This strategic location offers unparalleled ease for subdividing into smaller lots, making it ideal choices for residential or commercial development, such as RV park, self-storage, and more. Look forward to significantly lower property taxes in just three years, as the land is on track for an Agricultural Tax Exemption, currently being used for hay production. Outdoor enthusiasts will appreciate its proximity 0.2-miles to the 130-mile long NE Texas Trail, perfect for hiking, biking, and more. Plus, you're minutes away from Ladonia's Fossil Park and the under-construction 7600-acre Lake Ralph Hall, promising recreational fun and future area growth. NO FLOOD ZONE!!!

Virtual Tour
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Facts & Features

  • Type Vacant Land
  • Lot 25.91 Acres

General

Association/HOA
  • Association Type: None
School Information
  • Elementary School: Fannindell
  • Elementary School Name: Fannindell
  • High School Name: Fannindell
  • Middle School Name: Fannindell
Location/Region
  • Country: United States
  • County Or Parish: Fannin
  • Subdivision Name: A0644 - N P LAWSON
Community/Development
  • Development Status: Unzoned
General Information
  • Municipal Utility District: No
  • Parcel Number: 78885
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Restrictions: None
  • Second Mortgage: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Exterior

Lot Information
  • Lot Features: Acreage
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 25.9070
  • Lot Size Area: 25.9070
  • Lot Size Square Feet: 1128508.9200
  • Lot Size Units: Acres
General Information
  • Road Frontage Type: County Road, Other
  • Utilities: None

Monthly Cost

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$ %
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$
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Matt Pizette
Prosperity Home Mortgage
Randy Smith
HomeServices Insurance
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$436,000
Median Sales Price
$221
Median Price per Square Foot
8
Properties Sold
2
New on Market
77
Average Days on Market
11
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
9/4/2023Source: North Texas MLS Added to Database
September 04, 2023