• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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45.62 Acres S HWY 78Bonham, TX 75418

Vacant Land · 45.63 Acres
$995,000 Active

45.62 Acres S HWY 78 Overview

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Prime 48.736 acres of beautiful North Texas land with direct Highway 78 road frontage near Bailey, TX in Fanin County. Currently zoned AG with gorgeous open meadows, scattered mature trees, and wide open skies that make this property as scenic as it is valuable. Whether you envision a custom dream home, a working ranch, a weekend getaway, or a long-term land investment, this acreage checks every box. Location is everything and this property delivers. Highways 11 and 78 are right at your doorstep, putting you just 10 minutes from Bonham, 30 minutes from Bois dArc Lake, and approximately 40 minutes from McKinney. Everyday essentials including grocery stores, restaurants, and hardware shops are just 15 minutes away. Additional shopping, dining, and entertainment in McKinney, Greenville, and Sherman are all within a 35 minute drive. Bonham and Fanin County are experiencing historic growth right now. DR Horton just broke ground on the new Asher Oaks subdivision in early 2026. The 400-acre Powder Creek Ranch master-planned community is now underway with plans for 3000 new homes and commercial development through 2035. Highway 121 is being expanded to a four-lane corridor, dramatically increasing regional connectivity. And Lake Ralph Hall, a brand new 7600-acre reservoir and Texas newest lake, is now filling and set to deliver water and future recreational access by late 2026. Land with highway frontage in a rapidly developing Fanin County corridor does not come available often. Own your piece of North Texas before the next wave of growth arrives. This is not just a property, it is a position.

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45.62 Acres S HWY 78 Facts & Features

  • Type Vacant Land
  • Lot 45.63 Acres

Details

General

Association/HOA

  • Association: No

School Information

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

Business Information

  • Current Use: Cattle

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: BONHAM
  • Subdivision Name: EM Eubanks

Tax Information

  • Tax Annual Amount: 41.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange,Federal Land Bank,Other
  • Possible Use: Agricultural,Cattle,Commercial,Investment,Residential,Retail,Single Family,Subdevelopment,Highway/Tourist Service
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Few Trees
  • Lot Size Acres: 45.627
  • Lot Size Area: 45.627
  • Lot Size Square Feet: 1987512.12
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Water Source: Community/Coop

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: Highway
  • Utilities: Electricity 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.

45.62 Acres S HWY 78 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.

45.62 Acres S HWY 78 Market Data

Based on the last 30 days in this zip code

$358,581
Average List Price
$207
Average Price per Square Foot
8
Properties Sold
134
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network


Prosperity Home Mortgage, LLC

Prosperity Home Mortgage, LLC

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HomeServices Insurance

HomeServices Insurance

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