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$275,000

Est. payment - /mo

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9.87 Acres Lot

Active Option Contract

TBD Lazy U Drive Canton, TX 75103

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Tracy Spradlin

spradlintd@aol.com +1(903) 748-2477

UPDATED:

10/18/2024 07:55 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active Option Contract

Purchase Type For Sale

Subdivision Whispering Oaks

MLS Listing ID 20492408

HOA Y/N None

Annual Tax Amount $4,626

Lot Size 9.870 Acres

Acres 9.87

Property Description

The opportunity to develop and build in Canton, Texas is here. Newly zoned Residential 2 with 10 acres (more or less) with large pond that has gorgeous views is now available. Residential 2 allows for minimum 7500 square foot lots on this acreage. New buyer will need to get approval for subdividing lots with the City of Canton. Seller has shown lot renderings on the pictures that show approximate boundaries of 7500 square foot lots with water views as examples only. Two existing entrances off of Hwy 243. The property is absolutely beautiful with the pond and trees and a terrific location to schools, downtown and First Monday activities. The lots shown as numbers 1-8 are currently in the A flood zone and will need some fill for elevation to build. Original brick home (not included in this sale) had an elevation certificate amended with FEMA and would be recommended for this area of the acreage. The future favors the bold and this opportunity in a community like Canton is rare.

Location

State TX

County Van Zandt

Zoning Residential 2 minimal lot size of 7500 s.f.

Direction From downtown Canton take Hwy 243 west to the western corner of Lazy U and Hwy 243, banner on site. SW corner of Lazy U and Hwy 243.

Exterior

Fence Partial, Wire

Utilities Available Asphalt, City Sewer, City Water, Curbs, Electricity Available

Waterfront Yes

Waterfront Description Lake Front - Common Area

Street Surface Asphalt

Garage No

Building

Lot Description Acreage, Cleared, Few Trees, Oak, Tank/ Pond, Water/Lake View

Schools

Elementary Schools Canton

High Schools Canton

School District Canton Isd

Others

Restrictions Deed,Easement(s),No Mobile Home

Ownership Fuller and OToole

Acceptable Financing Cash, Conventional, Federal Land Bank

Listing Terms Cash, Conventional, Federal Land Bank

Special Listing Condition Aerial Photo, Flood Plain, Survey Available

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Debbie Wold • Exit Realty Pro

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Tracy Spradlin

+1(903) 748-2477

Broker | License ID: 493069

Broker License ID: 493069

Tracy Spradlin

TBD Lazy U Drive Canton, TX 75103

Tracy Spradlin

Key Details

Location

Exterior

Building

Schools

Others

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TBD Lazy U Drive