About This Home

This land at S Hwy 121 in Bonham, TX is listed for $2,650,000 (148.73 acres).

Key Features

  • 148.73 acre lot
Listing Description

****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 Coun

ty *** 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 1

21 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 ***.

Location

S Hwy 121

Bonham, TX 75418

R A Gibson

Questions & Answers

This 0-bedroom, 0-bathroom land at S Hwy 121 is listed at $2,650,000. The estimated monthly payment is $14,173 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 148.73 acre lot.

This property is listed by Mike Schreiber.

MS

Mike Schreiber

Agent at Weichert, Realtors - Solid Ground

Listed by Weichert, Realtors - Solid Ground · Broker phone: (903) 227-1933 · Broker website

MLS# 20569353· Source: North Texas Real Estate Information Systems, Inc.· Added to PropertySimple today

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S Hwy 121, Bonham, TX 75418

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