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$575,000

0 CR-2245, Ivanhoe, TX, 75447

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Great opportunity to purchase 50 acres in growing Fannin County. This property is just across from Sam Rayburn High School and would make a great homesite or possible development. There is over 2000 feet of road frontage on CR 2245 and it is only 15 minutes to Bonham and the new Bois D'arc Lake. The current owner has been running cattle so property is ag exempt with low taxes. There just over 10 acres of woods with a wet weather creek on South side of property with lots of wildlife and this spot has some beautiful oaks and a great homesite. The remaining 40 acres is open pasture which allows for hay production and cattle grazing. With the extension of HWY 121 this property is a short drive to Dallas and surrounding cities. All showings are by appointment only.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Ivanhoe

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0 CR-2245 | Property Details | No Agent List