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Fannin, US
Prime Interior Waterview Lot in Five Points – Ideal for Investment or Leisure.
Lot 1 Lakeshore Terrace offers stunning lake views from both the front and back yard, providing the ultimate lake living experience in Five Points, on Bois d'Arc Lake. Just minutes from the South 1396 Boat Ramp, this property combines convenience and accessibility, making it a rare find under $300K in this rapidly growing area.
Located off FM 1396 and US-82, enjoy an easy commute to Bonham, Melissa, Sherman, Paris, and the greater DFW area, making it an excellent choice for both full-time residents and weekend retreats. Short-term rentals are allowed, making this a prime opportunity for investors looking to capitalize on the lake’s increasing popularity.
Amenities at Five Points include a clubhouse with putt-putt, a swimming pool, a fitness center, an indoor lounge, observation decks, and a planned marina. Nearby, the upcoming Belle Vie community will bring additional recreational options, retail, an outdoor venue, and a future hotel.
Don't miss your chance to secure a spot in one of Texas' most exciting new lake communities!
*Buyer to verify all information*
Courtesy Of: C4 Home and Land Team
Feature Highlights
- Municipal Utility District
Public Schools
- School District:
- Honey Grove ISD
- Elementary School:
- Honeygrove
- Middle School:
- Honeygrove
- High School:
- Honeygrove
Exterior Features and Amenities
- Subdivision Name:
- Five Points
- Community Features:
- Boat Ramp,Club House,Community Dock,Community Pool,Fishing,Fitness Center,Gated,Golf,Lake,Marina
- Lot Size Units:
- Acres
- Lot Features:
- Acreage,Interior Lot,Subdivision,Water/Lake View
- Lot Size:
- 1 to < 3 Acres
- Lot Size Area:
- 1.0100
Utility Information
- Utilities:
- Co-op Electric,Co-op Water
Financial
- Association Fee Frequency:
- Annually
- Tax Legal Description:
- FIVE POINTS SUBDIVISION, LOT 1, ACRES 1.015
- Association Type:
- Mandatory
- Association Fee Includes:
- Full Use of Facilities
- Association Fee:
- 2400
Other Features
- Easements:
- Utilities
- Parcel Number:
- 141593
- Possession:
- Closing/Funding
- Restrictions:
- Building,No Mobile Home
- Will Subdivide:
- No
Directions
From Bonham, take US-82 East toward Paris. Turn left onto FM 1396 and drive north for about 6 miles. Lot 1 is on the left at the second entrance, just past CR 2985.
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Data last updated: 2025-03-09.
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