About S Hwy 121 Highway
****LARGE CONTIGUOUS TRACT*** Located in path of North Texas growth *** Ideal for phased development or investment *** Flexible use: residential, commercial, land hold *** Ideal for phased development or investment *** Development Potential : Single-family residential, Manufactured housing, RV park, self-storage *** Lower cost basis vs Grayson County *** Strong upside as growth expands north from McKinney-Sherman *** Increasing demand for affordable housing in the region *** Opportunity to subdivide *** Road frontage on 3 sides *** Access from State Hwy 121 and State Hwy 56 *** Oncor and Fannin County Electric power lines running along and thru property *** Almost a mile long north and south and 2 thirds mile wide east and west *** Over half mile of county road frontage*** 300 feet of Hwy 121 frontage *** Southwest Fannin water on adjoining properties along Hwy 121 *** Two miles from the city limits of Bonham along Hwy 121 *** One and a quarter mile from the Bonham city limits from the north county road entry *** Fronts State highway 121 which runs south from Bonham to Hwy 75 and then becomes Sam Rayburn Tollway which continues to The DFW airport.... The portion of Hwy 121 that runs thru Fannin County is approved for 4 lane expansion. *** Within commuting distance to Sherman and McKinney *** Positioned in expanding North Texas corridor ***.
Features of S Hwy 121 Highway
| MLS® # | 20569353 |
|---|---|
| Price | $2,650,000 |
| Acres | 148.73 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | S Hwy 121 Highway |
|---|---|
| Subdivision | R A Gibson |
| City | Bonham |
| County | Fannin |
| State | Texas |
| Zip Code | 75418 |
Amenities
| Utilities | All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Available, Gravel/Rock, Outside City Limits, Rural Water District, Sewer Not Available, No City Services |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Acreage, Agricultural, Brush, Cleared, Corner Lot, Level, Other, Sloped, Tank/ Pond, Varied |
|---|
School Information
| District | Bonham ISD |
|---|---|
| Elementary | Finleyoate |
| High | Bonham |
Additional Information
| Zoning | None |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Mike Schreiber |
|---|---|
| Office | Weichert Realtors-Solid Ground |
| Contact Info | 903-227-6316 |