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David DeVout

david.devout@exprealty.com +1(214) 544-9106

$ 1,450,000

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32.243 Acres S Hwy 121 Highway Bonham, TX 75418

32.24 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21309952

HOA Y/N None

Year Built 2002

Lot Size 32.243 Acres

Acres 32.243

Property Sub-Type Improved Land

Property Description

Endless possibilities await with this exceptional 32.243-acre property offering investment, residential, recreational, agricultural, and commercial potential. Situated on Hwy 121, a major connecting highway from Bonham to McKinney, this property is perfectly positioned just 3.4 miles southwest of Bonham, 36 miles to McKinney, and 69 miles to Dallas, making for an easy commute while being located in an area of continued growth and development. The property's location just South of Lake Bonham and Southwest of Bois d'Arc Lake create additional opportunities for future commercial ventures, tourism-related uses, or a private retreat. With approximately 1,597 feet of frontage on Hwy 121 and a striking electric, wrought-iron gate, the property offers both excellent visibility and a beautiful entrance. The land is situated on two parcel ID's. It is fenced and cross fenced featuring 29.5 acres of gorgeous pasture with the perfect mix of open grazing land and mature trees, making it ideal for cattle or equine production, hunting, recreation, or a private homesite! One of the standout features of the back acreage is the beautiful-stocked lake, offering fishing and year-round enjoyment. Build your dream home atop the hill overlooking the stunning lake and take in the peaceful views of the surrounding countryside. The front parcel ID contains 2.7 acres with a Commercial office building, offering private offices, lobby area for receptionist, and a half bath and storage room. Whether you're looking for a personal ranch, recreational getaway, future commercial investment, or a property with room to grow, this one truly offers endless possibilities!

Location

State TX

County Fannin

Zoning not zoned

Direction Use address 2090 TX-121, Bonham, TX 75418

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Heat Source Central, Electric

Exterior

Exterior Feature Storage

Fence Barbed Wire, Cross Fenced, Wrought Iron

Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits, Overhead Utilities

Street Surface Asphalt

Lot Frontage 1597.0

Garage No

Building

Lot Description Acreage, Agricultural, Few Trees, Lrg. Backyard Grass, Many Trees, Pasture, Rolling Slope, Tank/ Pond

Schools

Elementary Schools Finleyoate

High Schools Bonham

School District Bonham Isd

Others

Restrictions No Known Restriction(s)

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21309952

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Joanna Arnwine • RE/MAX Four Corners

David DeVout

Agent | License ID: 0566942

+1(214) 544-9106

David DeVout

32.243 Acres S Hwy 121 Highway Bonham, TX 75418

Key Details

Location

Interior

Exterior

Building

Schools

Others

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32.243 Acres S Hwy 121 Highway