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Listing provided courtesy of RE/MAX Four Corners- MLS# 21309952MLS ProviderContact Information: Joanna Arnwine - 972-396-9100

32.243 Acres S Hwy 121 HighwayBonham, TX 75418

Vacant Land · 32.24 Acres
$1,450,000 Active

32.243 Acres S Hwy 121 Highway Overview

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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!

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32.243 Acres S Hwy 121 Highway Facts & Features

  • Type Vacant Land
  • Lot 32.24 Acres

Details

General

Association/HOA

  • Association: No

Distance to Services

  • Distance To Street Numeric: 1597

School Information

  • School District: Bonham ISD
  • Elementary School: Finleyoate
  • Middle Or Junior School: Rather
  • High School: Bonham

Building Information

  • Year Built: 2002

Business Information

  • Current Use: Agricultural,Cattle,Commercial,Grazing,Hunting

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: BONHAM
  • Subdivision Name: none

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: R000075801
  • Possible Use: Agricultural,Cattle,Commercial,Development,Grazing,Horses,Hunting,Investment,Livestock,Mixed Use,Other,Pasture,Ranch,Residential,Single Family
  • Property Sub Type: Improved Land
  • Property Type: Land

Interior

General Information

    Exterior

    Lot Information

    • Lot Features: Acreage,Agricultural,Back Yard,Lawn,Pasture,Pond on Lot,Rolling Slope,Many Trees,Few Trees
    • Lot Size Acres: 32.243
    • Lot Size Area: 32.243
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 1404505.08
    • Lot Size Units: Acres
    • Road Surface Type: Asphalt
    • Vegetation: Partially Wooded
    • Water Source: Community/Coop

    Waterfront/View

    • Waterfront: No

    General Information

    • Exterior Features: Storage
    • Fencing: Barbed Wire,Cross Fenced,Wrought Iron
    • Horse Amenities: Barn,Loafing Shed
    • Other Structures: Other,Barn(s)
    • Road Frontage Type: Highway,All Weather Road
    • Utilities: Electricity Available,Electricity Connected,Overhead Utilities,Separate Meters,Water Available
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    32.243 Acres S Hwy 121 Highway Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.
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