• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of Weichert Realtors-Solid Ground- MLS# 20569353MLS ProviderContact Information: Mike Schreiber - 903-227-6316

000 S Hwy 121 HighwayBonham, TX 75418

Vacant Land · 148.73 Acres
$2,650,000 Active

000 S Hwy 121 Highway Overview

Visits:
6

****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 *** CONTACT LISTING AGENT MIKE SCHREIBER 903-227-6316 with any questions or for more information.

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000 S Hwy 121 Highway Facts & Features

  • Type Vacant Land
  • Lot 148.73 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Bonham ISD
  • Elementary School: Finleyoate
  • High School: Bonham

Business Information

  • Current Use: Agricultural

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: BONHAM
  • Subdivision Name: R A Gibson

Rent/Lease Information

  • Land Lease: Yes

General Information

  • Listing Terms: Cash,Conventional
  • Possible Use: Agricultural,Cattle,Commercial,Development,Investment
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Agricultural,Cleared,Corner Lot,Level,Other,Pond on Lot,Sloped
  • Lot Size Acres: 148.728
  • Lot Size Area: 148.728
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6478591.68
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt,Gravel
  • Topography: Level,Varied
  • Vegetation: Cleared,Crop(s),Grassed,Partially Wooded,Brush
  • Water Source: Community/Coop,Rural

General Information

  • Road Frontage Type: County Road,Highway,State Road,All Weather Road
  • Utilities: Electricity Available,None,Sewer Not Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

000 S Hwy 121 Highway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

000 S Hwy 121 Highway Market Data

Based on the last 30 days in this zip code

$357,847
Average List Price
$207
Average Price per Square Foot
8
Properties Sold
134
Average Days on Market
135
Properties for Sale
Calculations provided by Reliance Network


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