$1,200,000 - 26± Acres
Ladonia, Texas 75449
Description
Investment potential only one mile from the shores Lake Ralph Hall. Lake Ralph Hall is one of Texas’ newest lakes and is under construction on the North Sulphur River in Southeast Fannin County. Once completed, Lake Ralph Hall will provide a host of recreational opportunities and environmental benefits. When the lake is filled and open to the public, it will offer a whole host of new opportunities, including fishing, boating, nature viewing and the nearby fossil park, which is one of Ladonia's most popular and visited sites. The new commercial opportunities will draw locals and visitor alike. The lake will provide crucial water for an area whose population is projected to increase in the next 50 years. Another aspect of Lake Ralph Hall is that this lake could turn into one of the deepest lakes in North Texas. The 300-feet wide, 60-feet deep channel could benefit the lake by resulting in increased water storage coupled with less evaporative loss, creating a fisherman's paradise.
Key Features
- Price $1,200,000
- Property Type Land
- Acres 26±
- Utilities Electricity Available,Gravel/Rock,Outside City Limits,Propane,No City Services
- City Ladonia
- Status Active
Improvements
- Fence: Barbed Wire
- Permit internet: 1
Other
- City: Ladonia
- County: Fannin
- State: Texas
- Zipcode: 75449
- Subdivision: D Davis
Property Map
Directions: USE GPS - From Honey Grove travel south on US 34 to FM 1550 and turn right (west) at Bug Tussel. Go approximately 2.7 miles on FM 1550 to CR 3365 and turn left (south) and go .5 miles the property is on the left with a sign at gate.
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