Lower Bois D'arc Reservoir

Reservoir in Fannin to be called Bois d'Arc Lake - Sherman Denison Herald Democrat

Reservoir in Fannin to be called Bois d'Arc Lake  Sherman Denison Herald Democrat

The Lower Bois d'Arc Creek Reservoir is getting its original name back, mostly.In a news release Thursday, The North Texas Municipal Water District board of ...

Lower Bois D' Arc Creek Construction Expected To Start Around May 1 - 88.9 KETR

Lower Bois D' Arc Creek Construction Expected To Start Around May 1  88.9 KETR

Bonham Mayor Roy Floyd says construction on the long-awaited Lower Bois D'Arc Creek Reservoir is expected to start around May 1. The North Texas ...

Texas close to gaining first reservoir in 20 years - The Texas Tribune

Texas close to gaining first reservoir in 20 years  The Texas Tribune

The Bois d'Arc Creek Reservoir was recently approved for its second $500 million loan as the project nears the beginning of construction in North Texas.

Bois D'Arc Reservoir Project Involves 500-700 Workers; New Bonham High School Nears Completion - 88.9 KETR

Bois D'Arc Reservoir Project Involves 500-700 Workers; New Bonham High School Nears Completion  88.9 KETR

Bonham Mayor Roy Floyd discusses the start of the Lower Bois D'Arc Creek Reservoir project, which will extend for about 16 miles between Bonham and ...

North Texas Municipal Water District breaks ground on new reservoir - Community Impact Newspaper

North Texas Municipal Water District breaks ground on new reservoir  Community Impact Newspaper

The North Texas Municipal Water District broke ground on the new Lower Bois d'Arc Creek Reservoir on May 25 in Fannin County. This is the first reservoir to be ...

 Lakes in Fannin County, Texas

Fannin County Proposed Lakes

There are two large new lakes being proposed in Fannin County and both are in the process of becoming a reality in the next 10 years.
 
 
 
Fannin County will undergo some great changes in the coming years as the population grows as projected. Fannin County’s current population of 34,000 is expected to grow to 83,000 within 50 years. Along with new roads, homes and schools, there is a need for more water to sustain this growth. The North Texas Municipal Water District (NTMWD) in partnership with the City of Bonham is building a water treatment plant to serve Bonham.

 

 

 

Lake Ralph Hall Proposed Lake Ralph Hall will provide approximately 30 million gallons of water per day (mgd), plus about 15 mgd of reuse for the Upper Trinity service area, the City of Ladonia and Fannin County. 

Bonham State Park Map Texas Parks and Wildlife

 

Bonham State Park has a lovely 65 acre lake set in the midst of a beautifully wooded 261 acre park with camping, picnicking, fishing, boating, hiking, mountain bike trails, and group barracks.  Bonham State Park opened in 1936 has a long history of recreation and service for Fannin County residents and visitors alike. Bonham State Park was built by the Civilian Conservation Corps, in the early 1930’s, and the original stonework buildings, built by the CCC, is still in use and adds historical interest to the natural beauty of the park.

Directions: From Bonham- Hwy 78 South to FM 271 continue two miles southeast on FM 271 to Park Road 24. 
Fees: $3 per day, per person 13 and older. Camping Fees and Group Reservation Info
Contact: 903-583-5022
 
Lake Bonham is a 1,282 acre city owned lake located just six miles north of Bonham on FM 273 (Formerly FM 898)/Rec Rd 3.  Lake Bonham offers camping, fishing, swimming, boating, 9 Hole Par 3 Golf Course, Concession Stand, pavilion rental, campsites and water skiing. Boating Permit required for all boats and water crafts. Directions: From Bonham Hwy 78 North to FM 273
Fees: Golf,Pavilion, Rental Info, etc
Contact: 903-583-8001 or 903-583-7555
Additional Links: 
 
Lake Coffee Mill  750 acre lake located in the Caddo National Grasslands and is owned and operated by the United States Forest Service for recreational purposes including boating, camping, and fishing.  The Coffeemill Recreation Area was completed in 1968 with additional major construction done by volunteers in the early 1990s. Coffee Mill lake supports the highest crappie population in an eight-county fisheries district. Hybrid Bass, Catfish, Crappie, and Blue Gill are restocked regularly
Directions: From Honey Grove, Texas, follow FM 100 north 12 miles to FM 409.  Turn left and go west 5 miles to camp entrance on the left.
Fees: Day use fee is $2 per vehicle, per day. Camping is $4 per night
Contact:United StatesForest Service 903-378-2103. 
 
 
Lake Crocket is a 450 acre lake is located in the Caddo National Grasslands.  Camping, fishing, and limited hunting in season are the major recreational opportunities for the area. Bird watching and hiking have increased in recent years. West Lake Crockett has 12 parking spurs and campsites. RVs are welcomed, and tent camping is available at each site. Visitors may fish from the shore, and hiking trails are accessible from this campground. No electricity or sewage dump facilities are available at the site. Located on the northeast shore of the 450-acre Lake Crockett, East Lake Crockett Recreation Area was completed in 1968. Lake Crockett was built in the 1930s and has provided recreational opportunities to its visitors for many years. The lake is stocked with catfish, sunfish, crappie and bass. No pack or stock animals are allowed in this area, but there are other areas on the Caddo where this kind of recreation may be pursued. Visitors are reminded to keep their pets on a leash and that glass containers are not allowed. This is a fee area.
Directions: From Honey Grove, Texas, follow FM 100 north 12 miles to FM 409. Turn left and go west 2 miles to the camp entrance on the left
Fees: ?
Contact: National Forest Service at 903-378-2103
 
 
Lake Fannin is a 45-acre lake, created in 1938, and was the pride of Fannin County in the 1940’s. On July 22, 1940, the Bonham Daily Favorite wrote: “The entrance…resembles a scene plucked from a travel folder and placed in a perfect setting of rolling hills. Many thousands visit Lake Fannin during the summer months, play in its inviting waters, dance in its lodge, breathe its invigorating air and go home refreshed and ready for another struggle with a workaday world.” Many senior residents of Fannin County remember the fun and family reunions held out at the lake with visitors from all over the world. Although, there are many historical pictures and references to the popularity of Lake Fannin many younger residents had never even seen Lake Fannin due to the closing of the lake to the general public by the US Forestry Service. Lake Fannin has once again become important to Fannin County with the blood, sweat and volunteerism of people who are bringing it back to it’s former glory. Under a U.S. Forest Service volunteer program called “Passport in Time,” volunteers are working to restore the lake and its historic buildings. Lake Fannin is now listed with the National Register of Historic Places. For more information visit www.lakefannin.org or the National Forest Service at 903-378-2103.  
The Lake Fannin Wilderness Park Texas Inc. meets the 4th Thursday of each month at the Lake Fannin Lodge at 6:00 PM.  The public is invited!  For information call Sue Page @ 903-583-0266 or Gabe Parker @ 903-583-7708
Directions: From Bonham – Hwy 78 North to FM 273. Go appox. 10.8 miles and take a left on to FM 2554. Follow signs to Lake Fannin Entrance
Fees: Primitive camping is available.     $10.00 per night per tent
Boy Scouts, Girl Scouts, and 4H Clubs activities by reservation only, no fee
Additional Links: Lake Fannin Bike Trail Map, Lake Fannin Map
 
 

 

TAMU Real Estate Talk

Lantana Place locks in nine more tenants

​​​​​Aerial view of Lantana Place.AUSTIN – The next wave of tenants has been announced for the $80 million mixed-use development Lantana Place at Southwest Pkwy. and W. William Cannon Dr.

Tenants include Bella Spa, Cobalt Blue Salon, Carve American Grille, Enamel Dental, Lone Star Eye, Marigold Market, Realty Austin, Scissors & Scotch, and Westlake Dermatology.

These tenants will join MovieHouse & Eatery, which opened in May, and a boutique Marriott AC hotel, which is scheduled to begin construction in spring 2019.

At buildout, Lantana Place is expected to have 320,000 sf, including 60,000 sf of shops and restaurants.​

Stratus Properties Inc. is developing the property.​

Where to next? Travelers say San Antonio

​​​​Visit San Antonio logo.SAN ANTONIO – The hospitality industry saw significant gains in economic impact, visitor and employment numbers from 2015 to 2017, according to the results of a study released recently at the Visit San Antonio Annual Meeting. However, latest Texas Workforce Commission (TWC) data compiled by the Real Estate Center show some cooling in that industry.

Research by Trinity University professors Dr. Richard V. Butler and Dr. Mary E. Stefl showed the economic impact of the hospitality industry in 2017 was $15.2 billion, an increase of $1.6 billion in two years.

The metro welcomed 37 million visitors in 2017, 7.3 million more than in 2015. Of the 37 million annual visitors, 30.4 million come for leisure travel. A total of 23.1 million were overnight visitors.​

The report showed that the hospitality industry employs 140,188 individuals, or one out of every seven employed in the area. That’s an increase of approximately 9,400 workers from 2015.​

Employment growth in the city's leisure and hospitality sector has shown recent signs of slowing, though. TWC data for October 2018 show the employment growth rate for that industry in San Antonio had a year-over-year drop of .88 percent.

DFW monthly home sales drop again

​​DALLAS – November 2018 housing statistics have been released by the North Texas Real Estate Information Systems (NTREIS) through Clarus MarketMetrics.

NTREIS region city housing Statistics for November 2018.

DFW home price growth slowing

​​​DALLAS-FORT WORTH-ARLINGTON – Area home prices were up almost 5.7 percent in the latest nationwide comparison by CoreLogic.

October's year-over-year price gain in the Dallas area was slightly ahead of the 5.4 percent nationwide gain.

But prices in North Texas, which have moderated this year, aren't growing nearly as fast as in booming home markets including Las Vegas (up 12.6 percent from last year) and San Francisco (up 8.3 percent).

Sales and price increases in North Texas have slowed in 2018 after several years of increasing purchases.

Total North Texas home sales so far in 2018 are unchanged from this time in 2017. 

Median home sales prices in North Texas have risen by more than 40 percent in the last five years. 

CoreLogic estimates that home prices are now overvalued in more than a third of U.S. markets, including Dallas.​

Index: Some real estate markets seeing a bubble

​​​​The Beracha, Hardin & Johnson Buy vs. Rent Index: Dallas Tx.BOCA RATON, Fla. – National residential real estate markets are peaking and some cities are in another pricing bubble, according to the latest national index​ produced by Florida Atlantic University and Florida International University faculty.

The Beracha, Hardin, & Johnson Buy vs. Rent (BH&J) Index estimates wealth creation by way of homeownership and equity appreciation versus renting and reinvesting in more traditional financial assets. 

The index also measures the pressure on the demand for homeownership. Scores approaching one indicate strong downward pressure on the demand for ownership.

Two metros, Dallas (.92) and Denver (.77), are rapidly approaching an index score of one. "Both Dallas and Denver are significantly overheated," said Ken Johnson, Ph.D., one of the index's creators. 

"Residential real estate prices in Dallas are significantly above their long-term pricing trend, and I anticipate pricing corrections in the near future."

Strong economies in Dallas and Denver have buoyed property prices beyond their fundamental levels for a sustained period.

"Prices are still appreciating in both metros but at a decreasing rate, suggesting that the current upward pattern in property appreciation is nearing an end," said Eli Beracha, Ph.D., co-creator of the index.

For home-price activity in major Texas markets, check out the Real Estate Center's Home Price Index​.​