Last year we told you about Bois D’Arc Lake and the creation of brand new lakefront property as the first new large lake built in Texas in almost thirty years. This 16,641-acre lake was built as a reservoir to serve North Texas residents’ water needs, as well as a recreational deep water and fishing lake, so most of the shorefront east of the FM 897 bridge is clear of trees.
Bois D’Arc Lake, pronounced bō-dä(r)k or BD Lake for short, is located about an hour northeast of Dallas and McKinney. The pristine, uninhabited acreage offers builders and buyers the exceedingly rare opportunity to create the waterfront home of their dreams on a brand new lake while staying within reach of the Metroplex.
Having to Hold Vacation Home Buyers Back
Now, lake construction is complete — though not open for recreation yet as the lake’s web site prominently announces — and interest in Bois D’Arc Lake development is surging as the lake approaches normal pooling levels. Bois D’Arc is already drawing a diverse array of buyers, from the Park Cities north to even Oklahoma.
The biggest issue facing lake-specific developers now is a lack of available lake frontage land that’s actually ready for residential development.
Bois D’Arc Lake “Developer’s Vision” is the solution.
This 450+ acre tract is zoned for one-acre residential development, on the shores of the new lake. Poised to be one of the crown jewels for residential development in North Texas, it features more than two miles of sparkling shoreline and is located near the coveted FM 897 bridge. This property awaits the perfect developer’s vision to bring lake home sites to market and fulfil the insatiable lake demand.
Car, Plane or Helicopter
The fresh acreage is already creating buzz in lake development circles. The particularly large parcel is within five minutes of the north and south public boat ramps on Bois D’Arc Lake. That’s attracting buyers who are seeking vacation home properties, retirement land, and investment opportunities.
After all, this northern region is exploding with job growth and cited as the next Frisco of North Texas, according to folks I’ve talked to. Texas Instruments selected nearby Sherman for its $30 billion semiconductor chipmaking campus and the proof is in the incredible number of cranes on the horizon as you travel 75 North up to Oklahoma.
And there will be an airlift. Just a few miles away, the quaint town of Bonham boasts a small private airport, available for Bois D’Arc residents to land their aircraft. Additionally, homeowners will be able to helicopter directly onto the lake premises.
Lots at the Peninsula at BD Lake Sold Out in 1 Hour Last May
The stunning lake front property is listed by two veteran real estate brokers well known in the Fannin County lake property sales community: David Cullar and David Ogletree.
The broker/owners of RE/MAX Visionary, the two Davids have already sold more than a dozen undeveloped parcels on Bois D’Arc Lake and nearby Ralph Hall Lake. They have also sold seven developed lots on the Peninsula at Bois d’Arc Lake, where all lots sold out within an hour last May. They have been listing and selling land on the shores of the new lake site since it started taking shape in early 2018.
David Ogletree has also built a large community of Bois D’Arc Lake enthusiasts. His flagship web site BDLake.com receives tremendous traffic and a large community of Bois d’ Arc Lake enthusiasts and followers.
“I have around 1,500 active clients regularly scouring my web site, waiting for the chance to buy developed property on the lake,” he says. “There are so many eager and ready buyers, our biggest problem is a lack of developed lake lots.”
But that is about to change.
New Residential and Commercial Lots Coming Soon
Bois D’Arc Lake is poised to give other recreational vacation areas serious competition!
“This location is much closer to DFW than, say, Broken Bow,” he says, “and it offers the ability to live here full-time with excellent infrastructure rather than just venture on weekends and holidays.”
It is so hot with buyers, ensuing residential and commercial development is coming fast. A few years back, David Cullar was listing raw, undeveloped land.
“This undeveloped farmland in north Honey Grove, nothing on it, had a one-day sale in May,” says Cullar. “The most expensive waterfront lot, at close to two full acres, sold for just under one million dollars. “
Part of the reason the land is appreciating so rapidly is the way the project was orchestrated. A Texas statute allows Fannin County and the North Texas Municipal Water District to establish zoning five thousand feet around the shoreline. This lake also allows the construction of private, upscale boat docks.
“A concentrated effort is being made to make this lake a first-class lake-life attraction,” said David Ogletree. “Think Big Bear Lake in California, Lakeway in Austin, White Lake in North Carolina. Private boat docks are next to impossible to find on other nearby lakes. And the lake has been stocked with fish that were genetically selected to thrive and grow large. In fact, they are already huge!.”
RE/MAX Visionary is now the go-to source for purchasing beautiful properties at Bois d’ Arc Lake and surrounding areas. Feel free to contact the Davids — David Cullar and David Ogletree at REMAXVisionaryBonham.com or call at 903-997-3629.
