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$584,999

NAL Estimated Property Value

TBD FM-897, Dodd City, TX, 75438

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Prime Commercial Opportunity at Bois d’Arc Lake – Ready for Development. Bring your business ideas to life with this exceptional 5+- acre commercial property located directly across from the North Texas Municipal Water District (NTMWD) Operations Center on Bois d'Arc Lake. With over 880+ feet of FM-897 frontage and commercial zoning, this property is ready for development in a high-demand area. Electric is onsite, making this property even more convenient for your business. Business opportunities here are endless, including but not limited to a bait & tackle shop, convenience store, retail center, gas station, hotel, lakeside restaurant, or outdoor recreation outfitter. With the increasing visitor traffic to the lake, now is the perfect time to establish your business and capitalize on the growth. Enjoy the convenience of direct FM-897 access, and just a short drive back to Bonham or DFW in an hour or less. The highly anticipated Lake Ralph Hall, set to open in 2026, is only 20 minutes away and will further drive growth in the area. Additionally, commericial and residential developments are all around this commericially zoned lake property. Located right in front of the 897 Boat Ramp, this property is ideal for a variety of businesses and offers incredible potential. Bring your business ideas and offers. *Buyer to Verify all Information*

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /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: Dodd City

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TBD FM-897 | Property Details | No Agent List