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7355 Fm 897 Telephone, TX $ 3,300,000
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7355 Fm 897
$ 3,300,000
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7355 Fm 897

Telephone, TX, 75488
$ 3,300,000
Baths0.0

Monthly Estimate*

$ 20,319

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Studio

Lots and Land for sale in Telephone, TX

for $3,300,000. The lot size is 18.721.

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.

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Lots and Land Active

Price

$ 3,300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 5

Style

Unimproved Land

Lot Size

18.721

Town/City

Telephone

County/Region

Fannin

MLS | Web ID

21165769
Features
General
Development Status Utilities Installed Zoned
Utilities Co-op Electric Co-op Water Electricity Connected Outside City Limits Rural Water District Septic No City Services No Sewer
Possession Closing/Funding
current use Agricultural Crops Grazing Investment
Restrictions Development Easement(s)
School District Sam Rayburn ISD
Crops Other
Exclusions Portable corals and livestock as well as barn contents.
Property Subtype Unimproved Land
Subdivision Name A0997 J M SADLER
County Fannin
Property Type Land
HOA Type None
Special Notes Flowage Easement Survey Available Verify Flood Insurance Verify Rollback Tax Verify Tax Exemptions
Status Active
Directions From Bonham travel East on US 82 toward Honey Grove. Turn left on FM 897 toward Bois d' Arc Lake and cross the bridge over the lake. Property is on your left just after the bridge. A sign will be
City Telephone
Elementary School Name Sam Rayburn
High School Sam Rayburn
Elementary School Sam Rayburn
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Waterfront 1
Lot Features Acreage Water/Lake View Waterfront
Vegetation Cleared Partially Wooded
Other Structures Mobile Home See Remarks
Lot Size Source Owner
WaterFront Features Lake Front Lake Front – Main Body
Lot Size 10 to < 50 Acres
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Internal Only
Street Number 1 7355
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* Excluded Features
List By
David Cullar

Listing Agent

Re/Max Visionary

Broker

Affordability Calculator

$20,319
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,319
Monthly Property Taxes
$0
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3934892 Elementary School
5136283 Middle School
Pricing History
Date Price Price Change Description
1/30/2026 $3,300,000 Listed Price

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7355 Fm 897, Telephone, TX, 75488 is a Lots and Land for sale at $3,300,000 with a lot size of 18.721. 7355 Fm 897 is a studio with 0.0 baths. The property's zip code is 75488 which is in Telephone, TX

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