# S Hwy 121, Bonham, TX 75418 > **TL;DR:** land, $2,650,000. Est. $14,173/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,650,000 | | Lot Size | 6,478,592 sqft (148.73 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $13,400 | | Estimated Insurance | $773 | | **Total** | **$14,173** | ## Nearby Schools - **Elementary:** Finleyoate - **Middle:** Rather - **High:** Bonham ## Property Highlights - 148.73 acre lot ## Description ### Agent 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 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 ***. ## Location - **Address:** S Hwy 121, Bonham, TX 75418 - **County:** Fannin - **Neighborhood:** R A Gibson - **Coordinates:** 33.53911197, -96.21908935 - **Google Maps:** https://www.google.com/maps?q=33.53911197,-96.21908935 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/20569353 ## Listing Agent - **Name:** Mike Schreiber - **Brokerage:** Weichert, Realtors - Solid Ground - **Broker Phone:** (903) 227-1933 ## Photos ![S Hwy 121 - Photo 1](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f3788015884r.jpg) ![S Hwy 121 - Photo 2](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f2092682461r.jpg) ![S Hwy 121 - Photo 3](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f767873141r.jpg) ![S Hwy 121 - Photo 4](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f2718422273r.jpg) ![S Hwy 121 - Photo 5](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f3788015884r.jpg) ![S Hwy 121 - Photo 6](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f3352867321r.jpg) ![S Hwy 121 - Photo 7](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f3552911104r.jpg) ![S Hwy 121 - Photo 8](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f3268419746r.jpg) ![S Hwy 121 - Photo 9](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f2543760320r.jpg) ![S Hwy 121 - Photo 10](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f521365190r.jpg) ![S Hwy 121 - Photo 11](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f3730159247r.jpg) ![S Hwy 121 - Photo 12](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f2065813058r.jpg) ![S Hwy 121 - Photo 13](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f2240747986r.jpg) ![S Hwy 121 - Photo 14](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f1969123534r.jpg) ![S Hwy 121 - Photo 15](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f4250720388r.jpg) ![S Hwy 121 - Photo 16](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f1763672782r.jpg) ![S Hwy 121 - Photo 17](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f2268634114r.jpg) ![S Hwy 121 - Photo 18](http://lh.rdcpix.com/1e2d223f4ebd3e39dc7d523bbf50b34al-f1638721556r.jpg) --- **MLS#:** 20569353 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/s-hwy-121-bonham-tx-75418-9f7dc5674a1e451a9a07424b236bdf1c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/s-hwy-121-bonham-tx-75418-9f7dc5674a1e451a9a07424b236bdf1c#listing", "url": "https://www.propertysimple.ai/listing/s-hwy-121-bonham-tx-75418-9f7dc5674a1e451a9a07424b236bdf1c", "name": "S Hwy 121, Bonham, TX 75418", "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 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.... 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