About this home

Spanning approximately 3+ acres in Ladonia, this unique property offers a rare opportunity to own a piece of the area's agricultural history. Once home to a cotton gin, the property features existing structures and plenty of space to bring a new vision to life. With its size, location, and character, the possibilities are wide-ranging. Consider restoring and preserving the existing structures, creating a unique gathering space, developing a commercial or warehouse concept, establishing a workshop or business headquarters, or pursuing an adaptive-reuse project that incorporates the property's original character. Located near downtown Ladonia and within the growing Northeast Texas region, the property also offers proximity to the developing Lake Ralph Hall project, adding to the area's future recreational and economic opportunities. Whether you're an investor, entrepreneur, developer, or someone looking for a truly distinctive property, this former cotton gin presents an opportunity to create something special while building on its character.

Facts and features

Schools

• Fannindel High School

  middle · 7-12 · 0.3 mi

  2

• Fannindel Elementary School

  elementary · K-6 · 5.4 mi

  2

Price history

• Oct 2, 2026 · Listed$385,000
• Nov 29, 2018 · Sold—

Tax history

• 2026$2,554 tax · $143,640 assessed
• 2025$2,357 tax · $127,080 assessed
• 2023$1,408 tax · $96,360 assessed
• 2022$1,389 tax · $80,230 assessed
• 2021$1,150 tax · $56,140 assessed
• 2020$1,099 tax · $51,730 assessed
• 2019$764 tax · $34,920 assessed
• 2018$660 tax · $28,020 assessed

Home value

$358,700

• Cotality$358,700
• Collateral Analytics$255,000
• Quantarium$376,844

Where it is