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Mike Bowman

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

$965,000

Est. payment - /mo

12.03 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Beau Tess Pep

MLS Listing ID 21056200

HOA Y/N None

Annual Tax Amount $5,960

Lot Size 12.030 Acres

Acres 12.03

Property Sub-Type Unimproved Land

Property Description

Excellent opportunity for developer or investor and located just south of Hwy 82. Bonham is designated as an Opportunity Zone, so Buyer can get significant tax break. Rezoning and high density platting for 51 lots has been done, but does not have final approval by City of Bonham. We do have a quote of approximately $90,000 for engineering to be completed per city requirements. City utilities are nearby but should be verified by Buyer. Atmos gas easement on west side of property. The 16,000-acre Bois D'Arc Lake and Bonham Lake as well as Ralph Hall Lake will help to make this a desirable area with good growth potential. There is currently a significant amount of development and growth in Bonham! Purchase before prices increase! Please note that tax ID is for only one lot. Survey in Transaction Desk.

Location

State TX

County Fannin

Zoning Residential

Direction From McKinney, take Hwy 121 North to Bonham. Turn Right on W Russell Ave. and go several blocks to Franklin St. Turn Left and then turn right at W White St. The property is at the NE corner of W White and Franklin. No sign at this time.

Exterior

Utilities Available Natural Gas Available

Lot Frontage 752.0

Garage No

Building

Lot Description Acreage, Many Trees, Tank/ Pond, Varied

Schools

Elementary Schools Finleyoate

High Schools Bonham

School District Bonham Isd

Others

Restrictions Development,Easement(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo, Survey Available, Utility Easement

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21056200

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

Listed by Janith Boyd • SocialLivingRealEstateBoutique

Nearby School & Business

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Mike Bowman

+1(817) 328-2342

Broker License ID: 0273938

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0 W White Street Bonham, TX 75418

Mike Bowman

Key Details

Location

Exterior

Building

Schools

Others

Nearby School & Business

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