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. Seller currently has 6 duplex development approved with the City of Bonham. This property offers electric, water, and sewer on the street adjacent to the lot. The property is not in a flood zone and is within walking distance to two different schools in the area! This property could easily hold 15 apartment doors, 12 quadplex doors, 12 duplex doors or a collection of build-to-rent single family homes. With all the growth and infrastructure coming from Collin County to Fannin County, this property is primed for growth!
Property Type :
Land
Subdivision :
T E Kennedy Add
County :
Fannin
Style :
Land
Sell a home like this and save $7,295 Find Out How
Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved
ByOwner last updated this listing 05/08/2024 @ 22:35
MLS: 438848972
LISTED BY: Joshua Craft, White Rock Realty
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
