940 Old 1396 North, Telephone, TX 75488 - Fannin County

Bois DArc Lake: THE NEW LUXURY LAKE FRONTIER

26.753-acre 940 Old 1396 S Telephone, TX 75488

Warner Group at Compass is seeking a developer to build a gated community with high end amenities much like a Long Cove or 505 Ranch Club at Cedar Creek. We have buyers ready to go on the retail side. The lake market here is extremely robust and is no longer cyclical as many luxury buyers want a destination in proximity (1.5 hours or less) to their primary residence in Dallas. The lake is roughly 16,281 acres and about half of the size of Cedar Creek Lake. An incredible opportunity to make high margins with 26+ acres, approximately 2,866 ft of shoreline, and zoned as 15-acre residential lots with private boat dock capability. One of multiple contiguous parcels with potential to be combined to reach 250 acres and 21k feet of shoreline. Contact agent to learn more.

Property Features

First reservoir built in Texas since the 70s

Zoned 1-5 Acres. 1 Acre Minimum lots.

1 hour and 15 minutes Northeast of Dallas and about a 40 minute drive from Sherman where new chip plant will be located.

Close to new PGA and Toyota

Pristine rolling hills, beautiful drive-up

No retaining walls - incentivized, no trees in the lake, stocked for incredible fishing

Primarily for water needs in the region but strong emphasis on recreation and wildlife (hunting)

Septic, my parcels have a 6 inch water line

Will draw clients not just from Dallas Park Cities and Preston Hollow, but Oklahoma, Frisco, McKinney, Prosper and more

I have 200+ contiguous acres and can get up to 1400, therefore golf is an option

We have a long list of high net worth and qualified buyers ready to purchase a lot once the development has a preliminary plat.