TBD W HWY 82 Highway new Save Request In-Person Tour Request Virtual Tour
Bonham,TX 75418
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Bonham 82 Commercial
MLS Listing ID 20797824
HOA Y/N None
Annual Tax Amount $79
Lot Size 15.550 Acres
Acres 15.55
Property Description
This prime 15 acre property offers excellent investment potential and is perfectly positioned for both residential and commercial development. Located with direct frontage on HWY 82, the property is just 1.5 miles from HWY 121. An ideal investment hold opportunity, the land currently benefits from an agricultural exemption through hay production, significantly reducing tax costs while you plan future development. The property features a pond and a partial 5-strand barbed wire fence along the perimeter. Situated just 5 miles from downtown Bonham, this location is close to retail stores, restaurants, and essential services, with a short drive to Bois D'Arc Lake for recreational activities. The land is also conveniently located to Sherman and Denison. Additionally, it is just 4 miles from Legacy Ridge Country Club and directly across from North Texas Safari Park, offering a unique opportunity to capitalize on the area's growth. Utilities such as electric, water, and sewer are available on Silo Rd, just to the south of the property. Don't miss the opportunity to secure this versatile property with exceptional long-term value potential!
Location
State TX
County Fannin
Zoning RURAL NON QUALIFIED AG LAND
Direction From HWY 121 in Bonham, take HWY 82 West for 1.3 miles, property is on left. Coming from Sherman, take HWY 82 East. Property is on right.
Exterior
Utilities Available Other
Garage No
Building
Lot Description Acreage,Agricultural,Cleared,Few Trees,Level,Pasture,Undivided
Schools
Elementary Schools Evans
High Schools Bonham
School District Bonham Isd
Others
Restrictions Unknown Encumbrance(s),Other
Ownership Hale
Acceptable Financing 1031 Exchange,Cash,Conventional,Texas Vet
Listing Terms 1031 Exchange,Cash,Conventional,Texas Vet