32.243 ACRES S HWY 121 HIGHWAY, BONHAM, TX 75418
Homes for sale in Bonham.
Homes for sale in 75418.
List Price$1,450,000
32.243 Acres S Hwy 121 Highway
Bonham, TX 75418
Listing #21309952
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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