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Mike Bowman

[email protected] +1(817) 328-2342

$2,650,000

Est. payment - /mo

148.73 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision R A Gibson

MLS Listing ID 20569353

HOA Y/N None

Lot Size 148.728 Acres

Acres 148.728

Property Sub-Type Unimproved Land

Property 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 ***.

Location

State TX

County Fannin

Zoning None

Direction South of Bonham 2 miles on Hwy 121. Boarders County Road 4120. West side of highway 121. North of Trenton 10 miles on Hwy 121.

Exterior

Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Available, Gravel/Rock, Outside City Limits, Rural Water District, Sewer Not Available, No City Services

Street Surface Asphalt,Gravel

Garage No

Building

Lot Description Acreage, Agricultural, Brush, Cleared, Corner Lot, Level, Other, Sloped, Tank/ Pond, Varied

Schools

Elementary Schools Finleyoate

High Schools Bonham

School District Bonham Isd

Others

Restrictions No Known Restriction(s),None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo

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

Listed by Mike Schreiber • Weichert Realtors-Solid Ground

Nearby School & Business

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Mike Bowman

+1(817) 328-2342

Broker License ID: 0273938

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000 S Hwy 121 Highway Bonham, TX 75418

Mike Bowman

Key Details

Location

Exterior

Building

Schools

Others

Nearby School & Business

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