Qualifies for a 5% down financing program for buyers who meet the lender’s eligibility criteria. Discover the perfect blend of space, privacy, and convenience with this 40-acre tract priced under $500,000 in Savoy, Texas. Located just north of Highway 82 and only 15 minutes from Sherman, this property offers an ideal setting for a ranch, recreational retreat, or future homesite.The land features mature trees along with a pond that enhances both the scenery and usability of the property. Electricity and water lines are located at the road on County Road 1255. Situated outside city limits, the property offers flexibility with fewer restrictions, and an ag exemption is already in place, helping keep property taxes low. For buyers needing more land, additional acreage is available, allowing expansion up to 104 acres total. This is a rare opportunity to own sizable acreage at an affordable price in a growing North Texas area with excellent access and investment potential.
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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