11 Highway 11

Bailey, TX 75413

$359,200
Price
874,074 / 20.07
Lot Size / Acres

Description

20 acres of good farmland with Highway 11 frontage and also County Road 4805 frontage on the South side. No zoning or restrictions, open to just about any king of use. Water and electricity available. Great location and easy access from any directions from 2 major highways. Easy short drives to McKinney, Sherman, Denison, Bonham & Greenville Texas. The land is currently in Ag Use with annual taxes being approximately $100. The land is also leased to a local farmer who can continue leasing it to preserve...20 acres of good farmland with Highway 11 frontage and also County Road 4805 frontage on the South side. No zoning or restrictions, open to just about any king of use. Water and electricity available. Great location and easy access from any directions from 2 major highways. Easy short drives to McKinney, Sherman, Denison, Bonham & Greenville Texas. The land is currently in Ag Use with annual taxes being approximately $100. The land is also leased to a local farmer who can continue leasing it to preserve your ag exemption. I think this property would make a nice private runway for small airplane. This is a great investment property.
  1. Listed by PAT FOURNIER • TREC #0356442 • FMI REALTY • 903-583-4471

Property Details for 11 Highway 11

Subdivision Name
A1260 G TEFTELLER
Zoning Description
No known zoning

Location

Listing Courtesy of FMI REALTY, PAT FOURNIER
Add your commute
LISTING UPDATED: 03/06/2024 08:10 PM

Property Details for 11 Highway 11

StatusActive
MLS #20553628
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Residential
Year Built-
Lot Size20.07 AC
CountyFannin County

Location

Listing Courtesy of FMI REALTY, PAT FOURNIER
Add your commute

Building Information for 11 Highway 11

Lot Size20.07 AC

Payment Calculator

$1,960 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,960

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11 Highway 11

Summary
Location and General Information
  • Directions: In Bailey from Hay 78 & Hwy 11 Intersection go West on Hwy 11 to property on the South side of Hwy 11. Sign on property.
  • Elementary School: Finleyoate
  • Elementary School Name: Finleyoate
  • High School: Bonham
  • High School Name: Bonham
  • Junior High School: Rather
  • School District: Bonham ISD
  • Geocode Confidence: Low
  • Latitude: 33.43
  • Longitude: -96.17
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: A1260 G TEFTELLER, ACRES 20.066
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Horse Permitted: Yes
Property
Utilities
  • Utilities: All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Available, Gravel/Rock, Overhead Utilities, Phone Available, Propane
Property and Assessments
  • AG Exemption: Yes
  • Financing Proposed: 1031 Exchange, Cash, Conventional, Federal Land Bank, Texas Vet
  • Loan Type: Treat As Clear
  • Restrictions: No Known Restriction(s)
Lot Information
  • Acres Cultivated: 20.0
  • Development: Unzoned
  • Easements: None
  • Lot Features: Acreage, Agricultural, Cleared, Level, Undivided
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 20.066
  • Lot Size Area: 20.066
  • Lot Size Source: Appraiser
  • Lot Size Units: Acres
  • Lot Size Square Feet: 874074.96
  • Lots Sold Package: 1
  • Lots Sold Separate: 1
  • Multi Parcel ID: No
  • Number Of Lots: 1
  • Parcel Number: 086616
  • Road Frontage: County Road, Highway
  • Subdivided: Yes
  • Current Use: Agricultural, Crops
  • Road Surface Type: Asphalt, Gravel
Farm Information
  • Vegetation: Cleared

Property History for 11 Highway 11

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 11 Highway 11

This home is within Bonham Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Finley-Oates Elementary School
PublicK to 3

Evans Elementary School
Public4 to 6

Rather L High School
Public7 to 8

Bonham High School
Public9 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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11 Highway 11 is a 20.07 ac of land for sale in Bailey, TX 75413. This property was listed for sale on March 6, 2024 by FMI REALTY, it's currently listed at $359,200. This listing's school district is Bonham Independent School District. Nearby schools include Finley-Oates Elementary School, Evans Elementary School and Rather L High School. 11 Highway 11 is a 0-bed, 0-bath, 20.07 ac of land on a 874,074 sq. ft. / 20.07 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FMI REALTY, PAT FOURNIER

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