Land for Sale in Bonham, Texas
S Highway 121, Bonham, TX 75418
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 * CONTACT LISTING AGENT MIKE SCHREIBER 903-227-6316 with any questions or for more information.
Location
- Street address
- S Highway 121
- County
- Fannin County
- Community
- R A Gibson
- Elevation
- 610 feet
Directions
South of Bonham 2 miles on Hwy 121. Boarders County Road 4120. West side of highway 121.
North of Trenton 10 miles on Hwy 121.
Property details
- Acreage
- 148.728 acres
- MLS #
- NTREIS 20569353
- Posted
Parcels
- 000000075809
Legal description
A0423 R A GIBSON, ACRES 15.308 +A0422 +A0904
Resources
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Franchise
- Weichert
Nearby schools
| Name | Type |
|---|---|
| Finleyoate | Elementary |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 13, 2026 | Price drop | $2,650,000 | $260,600 -9% | NTREIS |
| Nov 26, 2025 | Price increase | $2,910,600 | $3,000 0.1% | NTREIS |
| Mar 16, 2025 | Relisted | $2,907,600 | — | NTREIS |
| Mar 16, 2025 | Listing removed | $2,907,600 | — | Listing agent |
| Aug 26, 2024 | Price drop | $2,907,600 | $42,400 -1.4% | NTREIS |
| Mar 26, 2024 | New listing | $2,950,000 | — | NTREIS |