Amazing opportunity to own a multi-family zoned spacious lot in the heart of Bonham, TX. This nearly 1-acre lot would be an excellent location to build an apartment complex, a series of duplexes, or even multiple cash-flowing quadplex buildings. The seller currently has approval from the City of Bonham for… Read More a 6-duplex development.
This property offers electric, water, and sewer on the street adjacent to the lot. The property is not located in a flood zone and is within walking distance of two schools in the area.
The lot could potentially accommodate approximately 15 apartment units, 12 quadplex units, 12 duplex units, or a collection of build-to-rent single-family homes. With the ongoing growth and infrastructure expansion from Collin County into Fannin County, this property is well positioned for future development and investment. Read Less
Courtesy of JG Real Estate, LLC Jim Glynn 817-896-7990.
Data source: NTREIS
Listing Snapshot
Days Online
242
Last Updated
Property Type
ImprovedLand
Lot Size
0.95 Acres
MLS Number
21204740
Additional Details
Lot
0.95 acres, Cleared, CityLot
Sewer
PublicSewer
Taxes
Parcel Number: R000092491, Zoning description: Residential
Duplex
Single Family
MultiFamily
Utilities
ElectricityAvailable, SewerAvailable, WaterAvailable, Water Source: Public
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