This is a unique property that has been in the same family for over 90 years. Located just north of the quiet town of Bailey, TX, this property can be transformed into someone?s dream farm, or is an excellent investment opportunity for future residential development. This property has over 1,550 feet of frontage on Hwy 78 and over 1,150 feet of frontage on FM 1552 and is ideal for split configuration. Hwy 121 is only seven miles to the west for access south to McKinney, or north to Bonham and the newly opened Bois d'Arc Lake. A prime opportunity for investors, or a family with dreams to build their perfect farm.