• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of RE/MAX DFW Associates- MLS# 21009967MLS ProviderContact Information: David Cullar - 469-323-5699

1709 State Hwy. 121 HighwayBonham, TX 75418

Vacant Land · 9.01 Acres
$3,900,000 Active

1709 State Hwy. 121 Highway Overview

Visits:
4

Approximately nine acres in a prime location on the main business throughfare through Bonham, TX. Very close proximity to several restaurants, Wal Mart and multi-family properties. Two entrances are already on the property from Business 121. Currently zoned for multi-family it could also be re-zoned for retail or business use subject to city approval. The residential home has 2,400 square feet and was built in 1996. It is incidental to the value of this parcel but could be used for revenue while holding the property. Bonham is the gateway to the new Bois D' Arc Lake, the newest lake in Texas, and this, combined with its proximity to DFW are causing explosive growth with three new housing developments being announced in the last six months.

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1709 State Hwy. 121 Highway Facts & Features

  • Type Vacant Land
  • Lot 9.01 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Bonham ISD
  • Elementary School: Finleyoate
  • Middle Or Junior School: Rather
  • High School: Bonham

Building Information

  • Year Built: 1996

Business Information

  • Current Use: Residential,Single Family,See Remarks

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: BONHAM
  • Subdivision Name: M MC DONALD

Community/Development

  • Community Features: Curbs
  • Development Status: Streets Installed,Zoned

Tax Information

  • Tax Annual Amount: 10415.0

General Information

  • Exclusions: Small portable buildings and structures behind the house.
  • Listing Terms: Cash,Conventional,1031 Exchange
  • Possible Use: Commercial,Development,Investment,Multi-Family,Mixed Use,Retail,Single Family,See Remarks,Subdevelopment
  • Property Sub Type: Improved Land
  • Property Type: Land
  • Senior Community: No

Interior

General Information

  • Fireplace: Yes

Exterior

Lot Information

  • Lot Features: Acreage,Level,Few Trees,City Lot
  • Lot Size Acres: 9.006
  • Lot Size Area: 9.006
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 392301.36
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Vegetation: Partially Wooded
  • Water Source: Public

General Information

  • Fencing: Barbed Wire,Cross Fenced
  • Road Frontage Type: Highway,State Road
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Connected,Sewer Available,Underground Utilities,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.

1709 State 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.

1709 State 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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