White Street and Russell Street, Bonham, TX 75418 For Sale

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! Public Driving Directions: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