$539,000
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3,660 SqFt
SOLD DATE : 05/13/2022
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 3,660 sqft
Price per Sqft $147
Subdivision Kendrick Estates
MLS Listing ID 14707233
Sold Date 05/13/22
Total Fin. Sqft 3660
Year Built 2016
Lot Size 7.581 Acres
Acres 7.581
Property Description
OWN A TINY HOUSE VILLAGE NEXT TO THE NEW BOIS D ARC LAKE! Multiple structures include a 2-story barn dominium with large, covered porches, a one-bedroom luxury cottage with kitchen, three tiny homes, another large centralized party barn with full kitchen and large covered porch on 7.5 +- acres. This could be a rentable vacation or wedding venue, spiritual retreat or just a family hangout. There is even room to build up to three more homes on this property! Cottage and tiny homes are nestled under the large shade trees and adjoined by a winding deck. With the new lake and boat ramps within walking distance, this makes an ideal business opportunity.
Location
State TX
County Fannin
Zoning Ag
Direction From Bonham travel East on US 82 to FM 897 and turn North. Follow FM 897 over the bridge to FM 1396 and turn right. Travel approximately two miles to County Toad 2700 and turn left. Property will be a few hundred feet in on your right with a sign on the property.
Interior
Heating Other
Cooling Wall/Window Unit(s), Other
Flooring Concrete, Wood
Heat Source Other
Exterior
Utilities Available Co-op Water, MUD Water, Outside City Limits, Septic, Unincorporated, Well
Roof Type Metal
Street Surface Asphalt
Garage No
Building
Lot Description Acreage
Foundation Pillar/Post/Pier, Slab
Structure Type Fiber Cement,Metal Siding,Siding,Wood
Others
Ownership Of Record
Acceptable Financing 1031 Exchange, Cash, Conventional, Federal Land Bank
Listing Terms 1031 Exchange, Cash, Conventional, Federal Land Bank
Financing Cash
Special Listing Condition Verify Rollback Tax
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Bought with Mike Ray • Compass RE Texas, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "