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Prime Residential Development Opportunity Savoy, TX Unmatched Potential in a Fast-Growing Region Nestled in the serene countryside of Fannin County, this 89.85-acre land parcel on CR 4030 in Savoy, TX, offers a rare opportunity for developers and investors seeking prime residential development potential. Just a short drive from Sherman, TX, this property boasts the perfect blend of rural charm and urban convenience, making it an ideal setting for a large-lot residential community. Key Highlights: ? Water On-Site - Supplied by Southwest Fannin County SUD, ensuring immediate access to a critical utility for development. ? Zoning & Lot Potential - Suitable for 2-acre residential lots, catering to homeowners who desire spacious, rural living with easy access to city amenities. ? Strategic Location - Conveniently located near major highways, providing seamless connectivity to Sherman and the booming TI Semiconductor Chip Plant (17 miles away)"”a major economic driver in the region. ? Development Potential - Ideal for a master-planned residential community, offering a countryside lifestyle with modern conveniences nearby. ? Proximity to Growth - Positioned in an expanding North Texas corridor, benefiting from infrastructure improvements and rising demand for housing. This versatile landholding presents a compelling investment and development opportunity in a high-growth area. Whether you envision large estate homesites, a rural residential enclave, or a strategic land hold for future appreciation, this property delivers on location, infrastructure, and potential. Seize This Opportunity Today!
| LAST UPDATED | 7/25/2025 | TRACT | A0274 - E DANIELS |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | Fannin |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| PRICE HISTORY | |
| Prior to Jun 20, '25 | $2,246,250 |
|---|---|
| Jun 20, '25 - Jul 25, '25 | $1,995,000 |
| Jul 25, '25 - Today | $1,990,000 |
| ADDITIONAL DETAILS | |
| LOT | 89.85 acre(s) |
|---|---|
| SUBDIVISION | A0274 - E DANIELS |
| UTILITIES | None |
| ZONING | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Venkat Gottipati, Land-Star Real Estate LLC
You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.This data was last updated on: 8/17/25 7:47 PM PDT
This IDX solution is (c) Diverse Solutions 2025.