S Hwy 121 Highway
Bonham, TX 75418
$2,650,000
148.73 acres
Description
****LARGE CONTIGUOUS TRACT*** Located in path of North Texas growth *** Ideal for phased development or investment *** Flexible use: residential, commercial, land hold *** Ideal for phased development or investment *** Development Potential : Single-family residential, Manufactured housing, RV park, self-storage *** Lower cost basis vs Grayson County *** Strong upside as growth expands north from McKinney-Sherman *** Increasing demand for affordable housing in the region *** Opportunity to subdivide *** Road frontage on 3 sides *** Access from State Hwy 121 and State Hwy 56 *** Oncor and Fannin County Electric power lines running along and thru property *** Almost a mile long north and south and 2 thirds mile wide east and west *** Over half mile of county road frontage*** 300 feet of Hwy 121 frontage *** Southwest Fannin water on adjoining properties along Hwy 121 *** Two miles from the city limits of Bonham along Hwy 121 *** One and a quarter mile from the Bonham city limits from the north county road entry *** Fronts State highway 121 which runs south from Bonham to Hwy 75 and then becomes Sam Rayburn Tollway which continues to The DFW airport.... The portion of Hwy 121 that runs thru Fannin County is approved for 4 lane expansion. *** Within commuting distance to Sherman and McKinney *** Positioned in expanding North Texas corridor *** CONTACT LISTING AGENT MIKE SCHREIBER 903-227-6316 with any questions or for more information.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Bailey Inglish Early Childhood Center | PK - PK | Regular |
| Finley-Oates Elementary School | KG - 3 | Regular |
| Evans Elementary School | 4 - 6 | Regular |
| Rather L H | 7 - 8 | Regular |
| Bonham High School | 9 - 12 | Regular |
| 5 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.