000 S HWY 121 HIGHWAY, BONHAM, TX 75418
Homes for sale in Bonham.
Homes for sale in 75418.
List Price$2,650,000
000 S Hwy 121 Highway
Bonham, TX 75418
Listing #20569353
About This Property
****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 ***.
Property Features
Location Information
County
Fannin
Subdivision
R A Gibson
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available, None, Sewer Not Available, Water Available
Possible Best Use
Agricultural, Cattle, Comme
Lot Description
Acreage, Agricultural, Cleared, Corner Lot, Level, Other, Pond on Lot, Sloped
Zoning
None
Lot Size in Acres
148.728
Road Description
County Road, Highway, State Road, All Weather Road, A
Lot Size in Sq. Ft.
6,478,591
Is One Story
No
Current Use
Agricultural
Lot Description
Acreage, Agricultural, Cleared, Corner Lot, Level, Other, Pond on Lot, Sloped
School
Elementary School District
Bonham ISD
Jr. High School
Rather
Elementary School
Finleyoate
High School
Bonham
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Documents Available
Aerial
Status
Active
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$12,375
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$9,549
Monthly Tax
$2,208
Monthly Insurance
$618
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Mike Schreiber, Weichert Realtors-Solid Ground
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NTREIS - North Texas data last updated at July 25, 2026, 11:39 AM CT
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