E Maple St, Ravenna, TX 75476

$1,550,000

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List Price
$1,550,000
Price Change
▼ $425,000 1759452198
MLS#
20936834
Status
ACTIVE
Type
Land
Subtype
Land
Acres
93.87
County
Fannin
City
Ravenna
Subdivision
none

Property Description

Vanguard Real Estate Advisors (VREA) has been exclusively retained by Ownership to offer the opportunity to purchase 93.87 acres (the Site) located along E Maple Street (FM-1753) in Ravenna, TX. Seller financing is available to qualified Buyers; call for details. This Site offers direct frontage (1,000 feet) on FM 1753 (E Maple Street), Ravenna’s main east west thoroughfare. The Site is 4.5 miles north of Highway 82, an important east-west route that runs from Lubbock to Texarkana, and is less than 3 miles west of Highway 78, a primary north-south thoroughfare serving greater Fannin County. With no known zoning restrictions in place, the Site boasts a wide range of potential uses. Located in one of Texas’ fastest-growing counties, this is a solid opportunity for developers or investors looking for well-located land in the path of growth. This offering is exceptionally priced at an asking price of only $1,975,000, which is $275,000 less than the Site’s appraised value per a recent appraisal done by CBRE in November 2024.

Additional Information

Lot Size
4,088,977
School District
Bonham Isd
Elementary School
Finleyoate
High School
Bonham
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Jordan Cortez from Vanguard Real Estsate Advisors. Contact: