2990 Fm, Ladonia, TX 75449

Waterfront property on Lake Ralph Hall, the next public lake under construction in Fannin County. Water is expected 2025. Property is 55 + OR - acres with a current Wildlife exemption. Mostly zoned for Single family homes. Approximately 19 acres of this land is subject to purchase or exchange with Upper Trinity Regional Water District. Current owner desires prospective buyer to handle all discussions and bargaining with the water district on the property subject to purchase or exchange with Upper Trinity. A reasonable option period and fee will be available to the prospective buyer to accomplish this. Please contact listing broker for survey and more details. This is a property for experienced developers or investors. Buyer and their agent are responsible for all due diligence. Appropriate contacts, a survey and proposed take by the water district and previously communicated ingress egress information is available upon request. Owner may finance with a reasonable down payment.