15.55 Acres in Bonham, TX - $1,090,000

This prime 15 acre property offers excellent investment potential and is perfectly positioned for both residential and commercial development. Located with direct frontage on HWY 82, the property is just 1.5 miles from HWY 121. An ideal investment hold opportunity, the land currently benefits from an agricultural exemption through hay production, significantly reducing tax costs while you plan future development. The property features a pond and a partial 5-strand barbed wire fence along the perimeter. Situated just 5 miles from downtown Bonham, this location is close to retail stores, restaurants, and essential services, with a short drive to Bois D'Arc Lake for recreational activities. The land is also conveniently located to Sherman and Denison. Additionally, it is just 4 miles from Legacy Ridge Country Club and directly across from North Texas Safari Park, offering a unique opportunity to capitalize on the area's growth. Utilities such as electric, water, and sewer are available on Silo Rd, just to the south of the property. Don't miss the opportunity to secure this versatile property with exceptional long-term value potential!

DETAILS

- Investment opportunity

The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.