Homes for sale - 1709 State Hwy. 121 Highway, Bonham, TX 75418

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Marissa Fontanez

[email protected] +1(214) 789-9187

$3,900,000

Est. payment - /mo

9.01 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision M Mc Donald

MLS Listing ID 21009967

HOA Y/N None

Year Built 1996

Annual Tax Amount $10,415

Lot Size 9.006 Acres

Acres 9.006

Property Sub-Type Improved Land

Property Description

Approximately nine acres in a prime location on the main business throughfare through Bonham, TX. Very close proximity to several restaurants, Wal Mart and multi-family properties. Two entrances are already on the property from Business 121. Currently zoned for multi-family it could also be re-zoned for retail or business use subject to city approval. The residential home has 2,400 square feet and was built in 1996. It is incidental to the value of this parcel but could be used for revenue while holding the property.

Bonham is the gateway to the new Bois D' Arc Lake, the newest lake in Texas, and this, combined with its proximity to DFW are causing explosive growth with three new housing developments being announced in the last six months.

Location

State TX

County Fannin

Zoning Currently zoned multi-family. Can be business.

Direction From US 82 in bONHAM travel South on Business 121 approximately 1.5 miles. Property is on your right.

Interior

Heating Central, Fireplace(s)

Cooling Central Air

Heat Source Central, Fireplace(s)

Exterior

Fence Barbed Wire, Cross Fenced

Utilities Available Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Underground Utilities

Street Surface Asphalt

Garage No

Building

Lot Description Acreage, Few Trees, Level

Schools

Elementary Schools Finleyoate

High Schools Bonham

School District Bonham Isd

Others

Restrictions Development,No Mobile Home

Ownership See listing agent

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo, Verify Rollback Tax, Verify Tax Exemptions

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21009967

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by David Cullar • RE/MAX Visionary

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

1709 State Hwy. 121 Highway Bonham, TX 75418