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Bonham, TX 75418
$2,650,000

About this home

****LARGE CONTIGUOUS TRACT*** Located in path of North Texas growth *** Ideal for phased development or investment *** Flexible use: residential, commercial, land hold *** Ideal for phased development or investment *** Development Potential : Single-family residential, Manufactured housing, RV park, self-storage *** Lower cost basis vs Grayson County *** Strong upside as growth expands north from McKinney-Sherman *** Increasing demand for affordable housing in the region *** Opportunity to subdivide *** Road frontage on 3 sides *** Access from State Hwy 121 and State Hwy 56 *** Oncor and Fannin County Electric power lines running along and thru property *** Almost a mile long north and south and 2 thirds mile wide east and west *** Over half mile of county road frontage*** 300 feet of Hwy 121 frontage *** Southwest Fannin water on adjoining properties along Hwy 121 *** Two miles from the city limits of Bonham along Hwy 121 *** One and a quarter mile from the Bonham city limits from the north county road entry *** Fronts State highway 121 which runs south from Bonham to Hwy 75 and then becomes Sam Rayburn Tollway which continues to The DFW airport.... The portion of Hwy 121 that runs thru Fannin County is approved for 4 lane expansion. *** Within commuting distance to Sherman and McKinney *** Positioned in expanding North Texas corridor ***.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
0
Living Area
0
Lot Size (Acres)
148.728
Property Subtype
Unimproved Land
Property Type
Land
Status
Active

Interior

Fireplaces
0

Exterior & Construction

Lot Features
Acreage, Agricultural, Cleared, Corner Lot, Level, Other, Pond on Lot, Sloped

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Bonham
County
Fannin
School District
Bonham ISD
ZIP Code
75418
State
TX
Subdivision
R A Gibson

Financial

Price
2650000

Utilities

Utilities
Electricity Available, None, Sewer Not Available, Water Available

Listing Details

Listing Agent
Mike Schreiber
Listing Office
Weichert Realtors-Solid Ground
MLS #
20569353
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/20569353

Listing agents

Listing AgentMike SchreiberWeichert Realtors-Solid Ground

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