1500-1510 ALBERT BROADFOOT STREET, BONHAM, TX 75418

Homes for sale in Bonham.

Homes for sale in 75418.


Active

List Price$139,000

1500-1510 Albert Broadfoot Street

Bonham, TX 75418

Listing Image Listing Image

Listing #21204740

0.95

Acre

Lots / Land

Type

About This Property

Amazing opportunity to own a multi-family zoned spacious lot in the heart of Bonham, TX. This nearly 1-acre lot would be an excellent location to build an apartment complex, a series of duplexes, or even multiple cash-flowing quadplex buildings. The seller currently has approval from the City of Bonham for a 6-duplex development. This property offers electric, water, and sewer on the street adjacent to the lot. The property is not located in a flood zone and is within walking distance of two schools in the area. The lot could potentially accommodate approximately 15 apartment units, 12 quadplex units, 12 duplex units, or a collection of build-to-rent single-family homes. With the ongoing growth and infrastructure expansion from Collin County into Fannin County, this property is well positioned for future development and investment.

Property Features

Location Information

County

Fannin

Subdivision

NA

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Sewer Available, Water Available

Current Use

Residential, Single Family

Lot Description

Cleared, City Lot

Zoning

Residential Duplex Single Family MultiFam

Lot Size in Acres

0.95

Is One Story

No

Lot Size in Sq. Ft.

41,382

Lot Description

Cleared, City Lot

School

Elementary School District

Bonham ISD

High School

Bonham

Elementary School

Finleyoate

Additional Information

Property Type

LL

Status

Active

Property SubType

Improved Land

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$647

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$500

Monthly Tax

$115

Monthly Insurance

$32

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

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