32.243 ACRES S HWY 121 HIGHWAY, BONHAM, TX 75418

Homes for sale in Bonham.

Homes for sale in 75418.


Active

List Price$1,450,000

32.243 Acres S Hwy 121 Highway

Bonham, TX 75418

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Listing #21309952

32.24

Acres

Lots / Land

Type

About This Property

Endless possibilities await with this exceptional 32.243-acre property offering investment, residential, recreational, agricultural, and commercial potential. Situated on Hwy 121, a major connecting highway from Bonham to McKinney, this property is perfectly positioned just 3.4 miles southwest of Bonham, 36 miles to McKinney, and 69 miles to Dallas, making for an easy commute while being located in an area of continued growth and development. The property's location just South of Lake Bonham and Southwest of Bois d'Arc Lake create additional opportunities for future commercial ventures, tourism-related uses, or a private retreat. With approximately 1,597 feet of frontage on Hwy 121 and a striking electric, wrought-iron gate, the property offers both excellent visibility and a beautiful entrance. The land is situated on two parcel ID's. It is fenced and cross fenced featuring 29.5 acres of gorgeous pasture with the perfect mix of open grazing land and mature trees, making it ideal for cattle or equine production, hunting, recreation, or a private homesite! One of the standout features of the back acreage is the beautiful-stocked lake, offering fishing and year-round enjoyment. Build your dream home atop the hill overlooking the stunning lake and take in the peaceful views of the surrounding countryside. The front parcel ID contains 2.7 acres with a Commercial office building, offering private offices, lobby area for receptionist, and a half bath and storage room. Whether you're looking for a personal ranch, recreational getaway, future commercial investment, or a property with room to grow, this one truly offers endless possibilities!

Property Features

Location Information

County

Fannin

Subdivision

none

Interior Features

Has Fireplace

No

Cooling

Central Air, Ceiling Fan(s), Electric

Heating

Central, Electric

Exterior Features

Exterior

Storage

Lot Size in Sq. Ft.

1,404,505

Utilities

Electricity Available, Electricity Connected, Overhead Utilities, Separate Meters, Water Available

Current Use

Agricultural, Cattle, Commercial, Grazing, Hunting

Fencing

Barbed Wire, Cross Fenced, Wrought Iron

Possible Best Use

Agricultural, Cattle, Comme

Other Structures

Other, Barn(s)

Zoning

not zoned

Horse Amenities

Barn, Loafing Shed

Road Description

Highway, All Weather Road, Asphalt

Lot Description

Acreage, Agricultural, Back Yard, Lawn, Pasture, Pond on Lot, Rolling Slope, Many Trees, Few Trees

Is One Story

No

Lot Size in Acres

32.243

Lot Description

Acreage, Agricultural, Back Yard, Lawn, Pasture, Pond on Lot, Rolling Slope, Many Trees, Few Trees

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

Improved Land

Documents Available

Aerial

Year Built

2002

Lot Acres Source

Assessor

Status

Active

Similar Listings

Mortgage Calculator

$6,771

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,225

Monthly Tax

$1,208

Monthly Insurance

$338

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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