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S Hwy 121 Highway
Bonham, Texas 75418

County: Fannin R A Gibson

****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 ***.

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Essential Information

  • Price$2,650,000
  • Reduced By$300,000
  • Cumulative Days on MarketUnlock
  • MLS® #20569353
  • Acres148.73
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Property Details

School Information

Community

  • AddressS Hwy 121 Highway
  • SubdivisionR A Gibson
  • CityBonham
  • CountyFannin
  • StateTexas
  • Zip Code75418
  • HOANone
  • UtilitiesAll 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

Exterior

  • Lot DescriptionAcreage, Agricultural, Brush, Cleared, Corner Lot, Level, Other, Sloped, Tank/ Pond, Varied

Additional Information

  • ZoningNone

Private Listing Information (Registration Required)

Listing Details

  • AgentMike Schreiber
  • OfficeWeichert Realtors-solid Ground

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Listing information last updated on November 11th, 2026 at 10:04am CST.