Bailey TX Real Estate & Land For Sale

This is a unique property that has been in the same family for over 90 years. Located just north of the quiet town of Bailey, TX, this property can be transformed into someone's dream farm, or is an excellent investment opportunity for future residential development. This property has over 1,550 feet of frontage on Hwy 78 and over 1,150 feet of frontage on FM 1552 and is ideal for split configuration. Hwy 121 is only seven miles to the west for access south to McKinney, or north to Bonham and the newly opened Bois d'Arc Lake. A prime opportunity for investors, or a family with dreams to build their perfect farm.

20 acres of good farmland with Highway 11 frontage and also County Road 4805 frontage on the South side. No zoning or restrictions, open to just about any king of use. Water and electricity available. Great location and easy access from any directions from 2 major highways. Easy short drives to McKinney, Sherman, Denison, Bonham & Greenville Texas. The land is currently in Ag Use with annual taxes being approximately $100. The land is also leased to a local farmer who can continue leasing it to preserve your ag exemption.I think this property would make a nice private runway for small airplane. This is a great investment property.