320 Fm 897

Telephone, TX 75488

$525,000
Price
217,800 / 5
Lot Size / Acres
a view of a garden with an outdoor space
a view of a city
a view of outdoor space and mountain view
a view of a lake view
a view of a city with lush green forest
a view of a yard with an outdoor space
a view of grassy field with trees
a view of yard with trees
a view of a city
a view of a green field

Description

Discover an incredible location and a truly rare opportunity to own a slice of North Texas paradise just minutes from the Bois d'Arc Lake boat ramp! This unimproved land offers significant potential with FM 897 frontage, surrounded by existing commercial and residential properties, and is currently zoned residential. The property presents a beautiful setting with cleared frontage and a natural, serene tree line border. Essential water meter on the property and electricity available. Imagine the possibilities:...Discover an incredible location and a truly rare opportunity to own a slice of North Texas paradise just minutes from the Bois d'Arc Lake boat ramp! This unimproved land offers significant potential with FM 897 frontage, surrounded by existing commercial and residential properties, and is currently zoned residential. The property presents a beautiful setting with cleared frontage and a natural, serene tree line border. Essential water meter on the property and electricity available. Imagine the possibilities: building your dream home, a private retreat, or a smart investment in this booming lake area. Bois d'Arc Lake is a burgeoning fishing mecca, meticulously stocked as part of the ShareLunker Bass program, promising endless recreational enjoyment. The possibilities are truly dreamworthy. Come explore the potential! Lake Proximity, High Visibility!
  1. Listed by Alicia Purser • TREC #0723081 • Keller Williams Realty DPR • 903-422-3006

Property Details for 320 Fm 897

Subdivision Name
A0607 J KNAPP, ACRES 5
Zoning Description
Residential Zoned
LISTING UPDATED: 11/14/2025 03:10 PM

Property Details for 320 Fm 897

StatusActive
MLS #21109309
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Unimproved Land
Year Built-
Lot Size5.00 AC
CountyFannin County

Location

Listing Courtesy of Keller Williams Realty DPR, Alicia Purser
Add your commute

Building Information for 320 Fm 897

Lot Size5.00 AC

Payment Calculator

$3,029 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,594

Property Taxes

$435

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 320 Fm 897

Summary
Location and General Information
  • Directions: Follow GPS - Sign on Property
  • Elementary School: Sam Rayburn
  • Elementary School Name: Sam Rayburn
  • High School: Sam Rayburn
  • High School Name: Sam Rayburn
  • Middle School: Sam Rayburn
  • School District: Sam Rayburn ISD
  • Geocode Confidence: High
  • Latitude: 33.67
  • Longitude: -96.05
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: A0607 J KNAPP, ACRES 5
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Waterfront: No
Property
Utilities
  • Utilities: Electricity Available, Rural Water District
Property and Assessments
  • AG Exemption: No
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Loan Type: Treat As Clear
  • Restrictions: Easement(s)
  • Documents Available: Aerial Photo, Survey
  • Property Match: Address
Lot Information
  • Development: Zoned
  • Easements: Drainage, Utilities, Other
  • Lot Features: Acreage, Corner Lot, Many Trees
  • Lot Size: 5 to < 10 Acres
  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 217800.0
  • Multi Parcel ID: No
  • Parcel Number: 000000108237
  • Road Frontage: FM Road, Highway
  • Current Use: Recreational, Residential, Unimproved
  • Road Surface Type: Concrete

Property History for 320 Fm 897

DateEvent & SourcePriceAppreciation
Nov 14, 2025

Listed (Active)

NTREIS #21109309

$525,000—
Oct 13, 2025

Expired

NTREIS #20899534

—
Jun 20, 2025

Price Change

NTREIS #20899534

$525,000—
Apr 16, 2025

Listed (Active)

NTREIS #20899534

$575,000—
DateEvent & SourcePrice
11/14/2025

Listed (Active)

NTREIS #21109309

$525,000
10/13/2025

Expired

NTREIS #20899534

—
06/20/2025

Price Change

NTREIS #20899534

$525,000
04/16/2025

Listed (Active)

NTREIS #20899534

$575,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 320 Fm 897

Taxable ValueLand$500,000Additions$1,080Total$501,080
Tax Record2024$5,225 ($435 / month)
Home Facts
Beds0Lot Size217,800 SqFtStyleResidentialCountyFANNINAPN108237

Schools near 320 Fm 897

This home is within Sam Rayburn Independent School District.
Rating
School
Type
Grades
Distance
Sam Rayburn Elementary School
Public - PK to 6
Rayburn High School
Public - 7 to 12
Rating
School
Distance
Sam Rayburn Elementary School
PublicPK to 6

Rayburn High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 320 Fm 897, Telephone, TX 75488

320 Fm 897 is a 5 ac of land for sale in Telephone, TX 75488. This property was listed for sale on November 14, 2025 by Keller Williams Realty DPR, it's currently listed at $525,000. This listing's school district is Sam Rayburn Independent School District. Nearby schools include Sam Rayburn Elementary School and Rayburn High School. 320 Fm 897 is a 0-bed, 0-bath, 5 ac of land on a 217,800 sq. ft. / 5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty DPR, Alicia Purser

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 11/14/2025 03:10 PM