7355 FM 897, TELEPHONE, TX 75488
Homes for sale in Telephone.
Homes for sale in 75488.
List Price$3,300,000
7355 Fm 897
Telephone, TX 75488
Listing #21165769
About This Property
Extremely Rare 18+ acre lakefront parcel on Bois d'Arc Lake with extensive high-visibility frontage on FM 897--the key highway bridging the lake's northern and southern sides, featuring public boat ramps nearby. This prime property currently has an agricultural valuation and offers direct lake access, sweeping shoreline, gently rolling terrain, and multiple build sites. Ideal for commercial ventures like retail space, convenience stores, a restaurant, hotel, wedding venue, or a boat dealership. Optimal visibility for lake visitors and residents. High capacity waterline at property. Enjoy lakefront living combined with conveniences--just minutes from Bonham, utilities, and amenities. Visit Bois d'Arc Lake today to see why Fannin County's newest recreational hotspot is attracting so much interest! Buyer and Buyer's Agent are to independently verfiy any and all information in order to conclude appropriate due diligence. All lakefront use is governed by the North Texas Municipal Water District. Buyer and Buyer's agent should reference their December 2023 published Shoreline Management Plan. NOTE: All property boundaries shown in photos are approximate and should be verified with available survey.
Property Features
Location Information
County
Fannin
Subdivision
A0997 J M SADLER
Interior Features
Has Fireplace
No
Exterior Features
Style
Barndominium
Zoning
Subject to lake zoning. Currently zoned SF but co
Utilities
Electricity Available, Electricity Connected, None, Septic Available, Sewer Not Available, Water Available
Development Status
Zoned
Other Structures
Mobile Home, See Remarks, Barn(s)
Road Description
Farm to Market Road, Asphalt
Horse Amenities
Barn
Waterfront Description
Lake Front, Waterfront
Lot Description
Acreage, Waterfront
Has Waterfront
Yes
Lot Size in Acres
18.721
Has View
Yes
Lot Size in Sq. Ft.
815,486
View Description
Water
Current Use
Agricultural, Grazing, Investment
Is One Story
No
Possible Best Use
Agricultural, Cattle, Comme
Lot Description
Acreage, Waterfront, Lake Front, Waterfront
School
Elementary School District
Sam Rayburn ISD
Jr. High School
Sam Rayburn
Elementary School
Sam Rayburn
High School
Sam Rayburn
Additional Information
Property Type
LL
Tax Annual Amount
5.0
Property SubType
Unimproved Land
Exclusions
Portable corals and livestock as well as barn contents.
Status
Active
Documents Available
Aerial, Survey
Has a Home Owners Association
No
Lot Acres Source
Owner
Similar Listings
Mortgage Calculator
$15,411
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$11,891
Monthly Tax
$2,750
Monthly Insurance
$770
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
David Cullar, RE/MAX Visionary
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NTREIS - North Texas data last updated at May 20, 2026, 7:17 AM CT
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