81.13+/- Acre Development Site | Bonham, TX
About This Property
Marketing description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase 81.13+/- acres (the “Site”) located along North State Highway 121 in Bonham, TX. This Site offers direct frontage (1,700+/- feet) on Highway 121, one of North Texas’ primary thoroughfares and the Site is less than one mile north of Highway 82.
With the Site already zoned single family it allows for a minimum lot size of 60’ x 100’; creating an exceptional opportunity for investors or developers seeking land in the path of growth, all at an asking price of just $27,733 per acre.
To gain access to the marketing brochure and full Due Diligence Vault click on the link below:
81.13+/- Acres | Bonham, TX - Due Diligence Vault
A 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted or sent information to, in any format, regarding this opportunity. Please contact VREA for additional information.
Investment highlights
Strategic Location
- The Site is well located along N. State Highway 121 with approximately 1,700+/- feet of frontage, and is less than one mile from Highway 82, one of the major throughfares in North Texas. Bonham is approximately 70 miles northeast of Downtown Dallas.
- Just minutes from the heart of vibrant Downtown Bonham.
- The Site is located within Bonham ISD which has a B rating according to Niche.com.
Zoning
- The Site is located within the City of Bonham and is zoned (R) Single-Family Residential Dwelling District.
- The minimum lot size permissible on the Site is 60 ’x 100’.
- Additional uses allowed within the current zoning may include schools, churches, community center, or other similar uses.
- The Site also lends itself to various recreational uses and/or a future estate.
- Purchasers are encouraged to independently verify zoning classifications and permitted uses.
Population and Demographics
- According to the 2024 U.S. Census Bureau, the population of Fannin County was 38,650, with Bonham home to approximately 10,697.
- The City of Sherman, located 30 miles west of the Site, will be home to both the Texas Instruments and GlobiTech.
- The entirety of Fannin County is a part of the Bonham micropolitan statistical area and the Dallas-Fort Worth Metropolitan combined statistical area, one of the fastest growing MSAs in the country.
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