# 7355 Fm 897, Telephone, TX 75488 > **TL;DR:** land, $3,300,000. > Waterfront, View. Est. $17,650/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,300,000 | | Lot Size | 815,487 sqft (18.72 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed - **Views** - Water ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $16,687 | | Estimated Insurance | $963 | | **Total** | **$17,650** | ## Nearby Schools - **Elementary:** Sam Rayburn - **Middle:** Sam Rayburn - **High:** Sam Rayburn ## Key Amenities - Waterfront - View ## Property Highlights - 18.72 acre lot - Waterfront ## Description ### Agent Description Extremely Rare 18+ acre lakefront parcel on Bois d'Arc Lake with extensive high-visibility frontage on FM 897-the key highway bridging the lake's northern and southern sides, featuring public boat ramps nearby AND THE RECENTLY APPROVED PUBLIC MARINA. The marina will have 200-500 boat slips, RV and Boat Sales, and other lake commercial entities. This prime property currently has an agricultural valuation and offers direct lake access, sweeping shoreline, gently rolling terrain, and multiple build sites. Ideal for commercial ventures like retail space, convenience stores, a restaurant, hotel, wedding venue, or a boat dealership. Optimal visibility for lake visitors and residents. High capacity waterline at property. Enjoy lakefront living combined with conveniences-just minutes from Bonham, utilities, and amenities. Visit Bois d'Arc Lake today to see why Fannin County's newest recreational hotspot is attracting so much interest! Buyer and Buyer's Agent are to independently verfiy any and all information in order to conclude appropriate due diligence. All lakefront use is governed by the North Texas Municipal Water District. Buyer and Buyer's agent should reference their December 2023 published Shoreline Management Plan. NOTE: All property boundaries shown in photos are approximate and should be verified with available survey. ## Location - **Address:** 7355 Fm 897, Telephone, TX 75488 - **County:** Fannin - **Neighborhood:** A0997 J M SADLER - **Coordinates:** 33.673557, -96.048597 - **Google Maps:** https://www.google.com/maps?q=33.673557,-96.048597 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21384592 ## Listing Agent - **Name:** David Ogletree - **Brokerage:** RE/MAX DFW Associates - **Phone:** (972) 462-8181 - **Broker Phone:** (972) 462-8181 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/7355-FM-897_Telephone_TX_75488_M91134-83777?f=listhub&s=NTREIS&m=21384592&c=propsimple) ## Photos ![7355 Fm 897 - Photo 1](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3632242589r.jpg) ![7355 Fm 897 - Photo 2](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3297558935r.jpg) ![7355 Fm 897 - Photo 3](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f1979840427r.jpg) ![7355 Fm 897 - Photo 4](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f1014454213r.jpg) ![7355 Fm 897 - Photo 5](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3099237586r.jpg) ![7355 Fm 897 - Photo 6](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f2276235437r.jpg) ![7355 Fm 897 - Photo 7](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f378058639r.jpg) ![7355 Fm 897 - Photo 8](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f2418577557r.jpg) ![7355 Fm 897 - Photo 9](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f2921171591r.jpg) ![7355 Fm 897 - Photo 10](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f1190357088r.jpg) ![7355 Fm 897 - Photo 11](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f1451561572r.jpg) ![7355 Fm 897 - Photo 12](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3586074313r.jpg) ![7355 Fm 897 - Photo 13](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f2844022811r.jpg) ![7355 Fm 897 - Photo 14](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f1279193273r.jpg) ![7355 Fm 897 - Photo 15](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3492519575r.jpg) ![7355 Fm 897 - Photo 16](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f2034386381r.jpg) ![7355 Fm 897 - Photo 17](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f2165334899r.jpg) ![7355 Fm 897 - Photo 18](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f2845428785r.jpg) ![7355 Fm 897 - Photo 19](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f842939152r.jpg) ![7355 Fm 897 - Photo 20](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f862713931r.jpg) ![7355 Fm 897 - Photo 21](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3452504020r.jpg) ![7355 Fm 897 - Photo 22](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f140602689r.jpg) ![7355 Fm 897 - Photo 23](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f2306602940r.jpg) ![7355 Fm 897 - Photo 24](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f346279664r.jpg) ![7355 Fm 897 - Photo 25](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3642527060r.jpg) ![7355 Fm 897 - Photo 26](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f1444281818r.jpg) ![7355 Fm 897 - Photo 27](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f528360795r.jpg) ![7355 Fm 897 - Photo 28](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f1268873299r.jpg) ![7355 Fm 897 - Photo 29](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f2933860574r.jpg) ![7355 Fm 897 - Photo 30](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3831526031r.jpg) ![7355 Fm 897 - Photo 31](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f1098293541r.jpg) ![7355 Fm 897 - Photo 32](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3434350069r.jpg) ![7355 Fm 897 - Photo 33](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3064290907r.jpg) ![7355 Fm 897 - Photo 34](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3601496812r.jpg) ![7355 Fm 897 - Photo 35](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f467028026r.jpg) ![7355 Fm 897 - Photo 36](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f2783369937r.jpg) ![7355 Fm 897 - Photo 37](http://lh.rdcpix.com/9af739dcd9216b537ea7ec897c424a44l-f3734444677r.jpg) --- **MLS#:** 21384592 | **Updated:** 2026-09-16 **Source:** listhub *Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/7355-fm-897-telephone-tx-75488-21384592) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/7355-fm-897-telephone-tx-75488-21384592#listing", "url": "https://www.propertysimple.ai/listing/7355-fm-897-telephone-tx-75488-21384592", "name": "7355 Fm 897, Telephone, TX 75488", "description": "Extremely Rare 18+ acre lakefront parcel on Bois d'Arc Lake with extensive high-visibility frontage on FM 897-the key highway bridging the lake's northern and southern sides, featuring public boat ramps nearby AND THE RECENTLY APPROVED PUBLIC MARINA. The marina will have 200-500 boat slips, RV and Boat Sales, and other lake commercial entities. This prime property currently has an agricultural valuation and offers direct lake access, sweeping shoreline, gently rolling terrain, and multiple build sites. Ideal for commercial ventures like retail space, convenience stores, a restaurant, hotel, wedding venue, or a boat dealership. Optimal visibility for lake visitors and residents. High capacity waterline at property. Enjoy lakefront living combined with conveniences-just minutes from Bonham, utilities, and amenities. Visit Bois d'Arc Lake today to see why Fannin County's newest recreational hotspot is attracting so much interest! Buyer and Buyer's Agent are to independently verfiy any and all information in order to conclude appropriate due diligence. All lakefront use is governed by the North Texas Municipal Water District. Buyer and Buyer's agent should reference their December 2023 published Shoreline Management Plan. 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