1500 Albert Broadfoot Street, Bonham, TX 75418 For Sale

Land For Sale – Near Melissa, Tx Area in Bonham, TX

Address : 1500-1510 Albert Broadfoot Street, Bonham, TX

Asking Price: $170,000

Property Type: Land

Lot Size: 0.95 Acres

Zoning: Residential – Duplex / Single Family / Multi-Family

Investment Highlights:

• • City-Approved Development: Approved plans for 6 duplex units
  • Flexible Zoning: Suitable for duplexes, quadplexes, or small apartment development
  • Utilities Available: Electric, water, and sewer available at the street
  • Not in Flood Zone
  • Strong Location: Walking distance to nearby schools
  • High Potential for Cash Flow in a growing rental market

Opportunity Overview:

This ±0.95-acre parcel offers a ready-to-develop opportunity for investors or builders looking to capitalize on multi-family housing demand in Bonham, TX. With city approval already in place for a 6-duplex project, a buyer can fast-track development and reduce entitlement risk.

The property supports multiple configurations, including duplexes, quadplexes, or small apartment-style units, making it a versatile investment for both long-term hold or build-to-sell strategies.

Additional Information:

• • Survey available for reference.
  • Buyer to independently verify all zoning and development requirements

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