1709 Highway 121

Bonham, TX 75418

$4,600,000
Price
421,225 / 9.67
Lot Size / Acres

Description

Attention Developers! This property has almost 10 acres with over 400 feet of State Highway 121 frontage! It is perfectly located on the main artery through rapidly growing Bonham, Texas. There are 3 entrances from the highway already in place. Potential is unlimited considering the long highway frontage. 9.07 acres is zoned multi-family and .66 acres is currently zoned for business and being used as restaurant. There is a 2400 sq. ft. home on the larger tract and the restaurant on the smaller tract...Attention Developers! This property has almost 10 acres with over 400 feet of State Highway 121 frontage! It is perfectly located on the main artery through rapidly growing Bonham, Texas. There are 3 entrances from the highway already in place. Potential is unlimited considering the long highway frontage. 9.07 acres is zoned multi-family and .66 acres is currently zoned for business and being used as restaurant. There is a 2400 sq. ft. home on the larger tract and the restaurant on the smaller tract is 1442 sq. ft. according to Fannin CAD.
  1. Listed by Brenda Atnip • TREC #0304833 • FRONTIER PROPERTIES REAL ESTATE, LLC • 903-583-8721

Property Details for 1709 Highway 121

Subdivision Name
Mary Mcdonald Surv Abst 727
Zoning Description
Larger tract is zoned multifamily small tract is zoned business

Location

Listing Courtesy of FRONTIER PROPERTIES REAL ESTATE, LLC, Brenda Atnip
Add your commute
LISTING UPDATED: 05/23/2024 12:51 PM

Property Details for 1709 Highway 121

StatusActive
MLS #20615922
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Commercial
Year Built1996
Lot Size9.67 AC
CountyFannin County

Location

Listing Courtesy of FRONTIER PROPERTIES REAL ESTATE, LLC, Brenda Atnip
Add your commute

Building Information for 1709 Highway 121

Lot Size9.67 AC

Payment Calculator

$25,495 per month

30 year fixed, 7.25% Interest

Principal and Interest

$25,104

Property Taxes

$391

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1709 Highway 121

Summary
Location and General Information
  • Directions: GPS
  • Geocode Confidence: High
  • Latitude: 33.59
  • Longitude: -96.19
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: A0727 M MC DONALD, 9.0059 and..065, LIFE ESTATE
Virtual Tour
Interior and Exterior Features
Interior Features
  • Heating: Central
  • Cooling: Central Air
Exterior Features
  • Building Area Source: Assessor
  • Building Use: Food Service, Restaurant, Other
  • Construction Materials: Brick, Metal Siding
  • Foundation Details: Brick/Mortar
  • Number Of Stories In Building: 1
  • Roof: Asphalt, Metal, Shingle
Property
Utilities
  • Utilities: All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Electricity Connected
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Inclusions: Land & Improvements
  • Loan Type: Treat As Clear
  • Property Match: Address
Lot Information
  • Lot Features: Acreage, Cleared
  • Lot Size: 5 to < 10 Acres
  • Lot Size Acres: 9.67
  • Lot Size Area: 9.67
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 421225.2
  • Multi Parcel ID: Yes
  • Parcel Number: 000000079778
  • Parcel Number 2: 120582
  • Road Frontage: Highway
  • Multi Zoning: Yes
  • SQFT Gross: 421225.0

Property History for 1709 Highway 121

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1709 Highway 121

Taxable ValueLand$190,330Additions$406,520Total$596,850
Tax Record2018$4,687 ($391 / month)
Home Facts
Beds0Total Finished SqFt2,820 SqFtAbove Grade Finished SqFt2,820 SqFtLot Size392,297 SqFtStyleSingle Family ResidenceYear Built1996CountyFANNINAPN79778Fireplace TypeHas Fireplace

Schools near 1709 Highway 121

This home is within Bonham Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Finley-Oates Elementary School
PublicK to 3

Evans Elementary School
Public4 to 6

Rather L High School
Public7 to 8

Bonham High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1709 Highway 121 is a 9.67 ac of land for sale in Bonham, TX 75418. This property was listed for sale on May 14, 2024 by FRONTIER PROPERTIES REAL ESTATE, LLC, it's currently listed at $4,600,000. This listing's school district is Bonham Independent School District. Nearby schools include Finley-Oates Elementary School, Evans Elementary School and Rather L High School. 1709 Highway 121 is a 0-bed, 0-bath, 2,820 sqft 9.67 ac of land built in 1996 on a 421,225 sq. ft. / 9.67 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FRONTIER PROPERTIES REAL ESTATE, LLC, Brenda Atnip

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