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$ 139,000
Est. payment /mo
Active
1500-1510 Albert Broadfoot Street Bonham, TX 75418
0.95 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 21204740
HOA Y/N None
Lot Size 0.950 Acres
Acres 0.95
Property Sub-Type Improved Land
Property Description
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 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.
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.
Location
State TX
County Fannin
Zoning Residential Duplex Single Family MultiFamily
Direction GPS
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Lot Frontage 97.0
Garage No
Building
Lot Description Cleared
Schools
Elementary Schools Finleyoate
High Schools Bonham
School District Bonham Isd
Others
Restrictions Building,Easement(s),Other
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Listed by Jim Glynn • JG Real Estate, LLC
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