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Bonham,TX 75418
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Wm. Cox
MLS Listing ID 20509401
HOA Y/N None
Annual Tax Amount $95
Lot Size 23.664 Acres
Acres 23.664
Lot Dimensions 1950x554
Property Description
Prime development potential 23.66 acre tract with approximately 2,000 linear feet of highway frontage. Tract is on the last exit leaving Bonham healed toward the newly completed Bois d' Arc Lake. Numerous residential developments are currently under construction on the lake and the city is already experiencing tremendous growth. Property is in an IRS designated Opportunity Zone which can give you a capital gains tax exclusion. City water and sewer are readily available as is power. Perfect retail, hotel site, restaurant, big box retail, car or equipment dealership or split it into pad sites. The possibilities are endless. Property adjoins Legacy Ridge Country Club with an 18 hole golf course and housing development. Agent is related to all owners and has a financial interest in the property.
Location
State TX
County Fannin
Zoning Other
Direction Approximately one quarter mile east of the intersection of US 82 and Hwy. 78 in Bonham. Property is on the South side of the US 82.
Exterior
Utilities Available All Weather Road,Electricity Available,Overhead Utilities,Sewer Available
Street Surface Asphalt
Garage No
Building
Lot Description Acreage,Agricultural,Few Trees
Schools
Elementary Schools Inglish
High Schools Bonham
School District Bonham Isd
Others
Restrictions Development,None
Ownership Of Record
Acceptable Financing Cash,Conventional,Federal Land Bank
Listing Terms Cash,Conventional,Federal Land Bank