$1,090,000
For Sale

W HWY 82 Highway

Bonham, TX 75418
Type:Purchase
Structure:Land
Zone:Residential

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!

  • Property Details
      • Lot DescriptionAcreage, Agricultural, Cleared, Few Trees, Level, Pasture, Undivided
      • SubdivisionBONHAM 82 COMMERCIAL
      • Property SubtypeUnimproved Land
      • School DistrictBonham ISD
      • Property TypePurchase
      • MLS #20797824
      • MLS #20797824
      • Acres15.5500
      • Cost1090000
      • CountyFannin
      • Utility FeaturesOther
      • Elementary SchoolEvans

Location

TruHome Real EstateReal Estate Group
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Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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