7650 Fm 897 Telephone, TX 75488
Property details
About 7650 Fm 897
Private Retreat with Investment Potential Near Bois d’Arc Lake. Discover 7650 FM 897, Telephone, TX 75488, a rare blend of privacy, convenience, and opportunity in one of North Texas' fastest-growing lake regions. This 2020-built 3 bed, 2 bath home with a workshop is surrounded by mature trees on 20 acres, offering complete seclusion for families, vacationers, and retirees seeking a peaceful retreat. Enjoy tranquil evenings, nature-filled getaways, and the perfect place to invest in your legacy or retire in peace. Located just 5 minutes from the 897 Boat Ramp on Bois d’Arc Lake, this property provides prime access to fishing, boating, and outdoor adventures. With Lake Bonham under 20 minutes away and the upcoming Lake Ralph Hall (completion in 2026) under 30 minutes, the recreational opportunities are endless. For investors and commercial buyers, the 1,100+ feet of FM 897 frontage and surrounding commercial zoning make this a prime business location in a high-growth area. Whether you envision a lake-related business, short-term rentals, or a long-term investment in the booming North Texas market, this property is a rare opportunity to capitalize on the region's expansion. Live, invest, or build your business in one of Texas' most promising destinations. Come tour your future property! *Buyer to Verify All Information*
Highlights
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Gas Range, Dishwasher, Disposal, Gas Oven, Gas Water Heater, Microwave
- Basement: No
- Interior: Double Vanity, Granite Counters, Kitchen Island, Pantry, Cable TV, Walk-In Closet(s)
- Fireplace: Propane
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Additional Parking, Covered, Carport, Door-Multi, Driveway, Garage, Garage Door Opener
- Architectural Style: Farmhouse
- Heating: Propane
- List Price: $1,550,000
- Price/SqFt: $842
- Annual Tax Amount: $19
- Tax Year: 2024
- Lot: Many Trees
- Directions: 1. Start by heading North on TX-121 N in Bonham. 2. Turn right onto US-82 E toward Paris and continue for about 4 miles. 3. Turn left onto FM 897 and drive north for about 8 miles. 4. 7650 FM 897 will be on your right a mile north of the bridge and Bois d'Arc Lake.
- Year Built: 2020
- Living Area: 1,840 SqFt
- Lot Size: 20 Acres
- MLS Number: 20854198
- MLS Name: NTR
- Office Name: C4 Home and Land Team
- Office Phone: (214) 225-9545
- Listing Agent: Hannah Cupps
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Last updated on: 8/1/2025, 5:15:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,126,596 | $19 |
| 2023 | $314,052 | $19 |
| 2022 | $242,838 | $19 |
| 2021 | $- | $19 |
History based on county public records data.
Nearby schools
7
Sam Rayburn Elementary School
Public District PK-6
7.1 mi
•9363 E FM 273
2
Finley-Oates Elementary School
Public District KG-3
10.0 mi
•1901 Albert Broadfoot St
7
Honey Grove Elementary School
Public District PK-5
10.5 mi
•1202 17th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,000. The majority of Telephone, TX residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Hunting
Figure Skating
Where do the neighbors shop?
Dollar General
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country
New Country- Country
Frequently asked questions
About 7650 Fm 897
The listing price of 7650 Fm 897 property is $1,550,000.
The property 7650 Fm 897 is a house located in Telephone, Texas, 75488.
Active Listing: 7650 Fm 897 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7650 Fm 897 are: Sam Rayburn Elementary School (GreatSchools Rating 7/10), Finley-Oates Elementary School (GreatSchools Rating 2/10), Honey Grove Elementary School (GreatSchools Rating 7/10), Evans Elementary School (GreatSchools Rating 5/10), Rather L H (GreatSchools Rating 3/10), Honey Grove Middle School (GreatSchools Rating 7/10), Dodd City School (GreatSchools Rating 7/10), Rayburn High School (GreatSchools Rating 6/10), Bonham High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $19 (source: MLS/based on county public records data).
The property at 7650 Fm 897 has 3 bedrooms and 2 bathrooms.
The property 7650 Fm 897 is 1,840 SqFt (source: MLS/tax record).
The year of construction for 7650 Fm 897 is 2020.
This home is located at 7650 Fm 897 in Telephone, TX and zip code 75488. This 1,840 square foot home, which was built in 2020, sits on a 20.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $1,550,000.
In July 2025 in Telephone, TX there were equal homes for sale than in June. The median list price of listings available in July 2025 was $462,450, while the average time on the real estate market was 111 days.