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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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7355 Fm 897 , Telephone, TX 75488
$3,300,000
Est. Payment: $16,989.83/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 206
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by David Cullar , RE/MAX DFW Associates , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
18.72

County

Fannin

Neighborhood

A0997 J M Sadler

School District

Sam Rayburn ISD

Listing ID

21165769

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Water/Lake View,Waterfront,10 to < 50 Acres,Lake Front,Lake Front – Main Body
Zoning:Subject to lake zoning. Currently zoned SF but could easily and more appropriately zoned commercial.
Principal Interest
$16,990
Taxes
$0

Home Price

$3,300,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$660,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,989.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,989.83 $0.42 $0.00 $16,990.25
Yearly $203,878.00 $5.00 $0.00 $203,883.00
Total $6,116,339.93 $150.00 $0.00 $6,116,489.93

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Telephone, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems