This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
$525,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
Property Description
Discover an incredible location and a truly rare opportunity to own a slice of North Texas paradise just minutes from the Bois d'Arc Lake boat ramp! This unimproved land offers significant potential with FM 897 frontage, surrounded by existing commercial and residential properties, and is currently zoned residential. The property presents a beautiful setting with cleared frontage and a natural, serene tree line border. Essential water meter on the property and electricity available. Imagine the possibilities: building your dream home, a private retreat, or a smart investment in this booming lake area. Bois d'Arc Lake is a burgeoning fishing mecca, meticulously stocked as part of the ShareLunker Bass program, promising endless recreational enjoyment. The possibilities are truly dreamworthy. Come explore the potential! Lake Proximity, High Visibility!
Full Property Details
Full Property Details for 320 Fm 897
General
- Price: $525,000
- Taxes: $5,225
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21109309
- Updated: 11/14/2025
- Added to Site: 133 day(s) ago
Location
- County: Fannin
- Subdivision: A0607 J KNAPP, ACRES 5
- Driving Directions: Follow GPS - Sign on Property
School Information
- Elem School District: Sam Rayburn ISD
- Midd School District: Sam Rayburn ISD
- High School District: Sam Rayburn ISD
- Elementary School: Sam Rayburn
- Middle School: Sam Rayburn
- High School: Sam Rayburn
Utilities
- Water: Rural
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Recreational, Single Family, Unimproved
Lot Features
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,800
- Lot Size Source: Public Records
- Frontage: Farm to Market Road, Highway, Concrete
- Lot Features: Acreage, Corner Lot, Many Trees
- Development Status: Zoned
- Zoning: Residential Zoned
Financial Considerations
- Tax Amount: $5,225
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: A0607 J KNAPP, ACRES 5
- Property ID: 108237
Listed by Keller Williams Realty DPR, Alicia Purser
Get Pre-Approved Today
Price & Sales History for 320 Fm 897
Date
Details
Price
Change
Source
11/14/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 320 Fm 897
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,225
—
$501,080
—
2024
$5,225
516%
$501,130
41%
2018
$848
—
$354,170
57%
2018
$848
—
$226,220
50%
2018
$848
—
$150,830
203%
2018
$848
—
$49,860
17%
2018
$848
—
$42,500
-4%
2018
$848
100%
$44,180
30%
2014
—
$34,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 320 Fm 897
320 Fm 897, Telephone, TX 75488 (MLS# 21109309) is a Lots/Land property with a lot size of 5 acres. 320 Fm 897 is currently listed for $525,000 and was received on November 14, 2025. Want to learn more about 320 Fm 897? Do you have questions about finding other Lots/Land real estate for sale in Telephone? You can browse all Telephone real estate or contact a Coldwell Banker agent to request more information.

