32.243 Acres S Hwy 121 Highway, Bonham, TX 75418

$1,450,000

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List Price
$1,450,000
MLS#
21309952
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
2002
Acres
32.24
County
Fannin
City
Bonham
Subdivision
none

Property Description

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!

Additional Information

Lot Size
1,404,505
Lot Description
Agricultural, Back Yard, Lawn, Pasture, Pond(s), Sloped, Trees, Few Trees
Exterior
Storage
School District
Bonham Isd
Elementary School
Finleyoate
Middle School
Rather
High School
Bonham
Proposed Use
Agricultural, Cattle, Commercial, Development, Grazing, Horses, Hunting, Investment, Livestock, Mixed Use, Other, Pasture, Ranch, Residential, Single Family
Possession
Negotiable

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Calculator source: Real Geeks

Listing courtesy of Joanna Arnwine from RE/MAX Four Corners. Contact: 972-396-9100