678 County Road 1235
Savoy, TX, 75479
$
2,300,000
Baths0.0
Monthly Estimate*
$
14,349
Studio for $2,300,000. This property was built in 1989 on a lot size of 64.575.
RV Park, Flex Office or Manufactured Home opportunity with no zoning restrictions! The tract is a distinctive land opportunity located at the northeast corner of FM 1235 and Hwy 82 in Savoy, Texas. This property spans roughly 64.575 acres, showcasing 770 feet of frontage on Hwy 82, and includes a residence currently under a leasing agreement. Thanks to an agricultural exemption, Savoy 82 enjoys a reduction in tax liability, making it an even more attractive investment. Situated just 59 miles north of Dallas, the site is within a 45-minute drive of a workforce exceeding 550,000, offering substantial accessibility and potential for various development projects and investment potential. Given its position outside city limits, the property comes with few use restrictions, presenting a versatile opportunity. The proximity to Bonham, just 8 miles east, with a population of 27,000 and the recently opened Bois d’Arc Lake, hints at a vibrant area on the cusp of growth, expected to generate around 2,400 new jobs. Furthermore, being 11 miles from Sherman, a city with a population of 45,000 and undergoing massive expansions such as the Texas Instruments Chip Manufacturing Facility and Globitech’s $5 billion expansion, indicates a region brimming with economic activity and potential. These developments are anticipated to create thousands of jobs, reinforcing the area’s economic base. Additionally, the recent announcements from Hard Rock Hotel and Margaritaville Resorts about establishing locations on Lake Texoma, merely 35 miles north, suggest an increase in tourism and leisure opportunities, further enhancing the property’s appeal. Savoy 82 is not just a piece of land; it’s a gateway to a myriad of development possibilities, fueled by the surrounding economic expansions and the increasing appeal of the region.
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Features
General
Development Status
Unzoned
Utilities
Aerobic Septic
Co-op Water
Electricity Available
Possession
Closing/Funding
current use
Agricultural
Restrictions
No Known Restriction(s)
School District
Savoy ISD
Year Built
1989
Property Subtype
Unimproved Land
Subdivision Name
CHARLES CANTREL
County
Fannin
Property Type
Land
HOA Type
None
Status
Active
Directions
Head East on Highway 82 from Sherman
Property will be 5 miles past Highway 69 on your left.
City
Savoy
Elementary School Name
Savoy
High School
Savoy
Elementary School
Savoy
Standard Status
Active
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Exterior
Lot Features
Acreage
Agricultural
Lot Size
50 to =< 100 Acres
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* Excluded Features
List By
Joshua Bryan
Listing Agent
Fairview Development Inc.
Broker
Affordability Calculator
- Monthly Principal & Interest
- $14,349
- Monthly Property Taxes
- $375
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Lots and land listings in Savoy, TX
Average List Price
$1,017,983
Percent of Sale Price
56%
About Savoy, TX
914
Population
8%
Since 2002
$
41,902
Median Income
44.18
Median Age
23%
Households with Children
Trends Information provided by ATTOM Data Solutions.
288131
Elementary School
5136303
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
7/25/2025
|
$2,300,000
|
|
Listed Price
|