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Investment Highlights

  • The Site is located within the City of Bonham and is zoned (R) Single-Family Residential Dwelling District.
  • Additional uses allowed within the current zoning may include schools, churches, community center, or other similar uses.
  • The Site is well located along N. State Highway 121 with approximately 1,700 feet of frontage.
  • The minimum lot size permissible on the Site is 60 ’x 100’.
  • The Site also lends itself to various recreational uses and/or a future estate.

Executive Summary

Strategic Location
• The Site is well located along N. State Highway 121 with approximately 1,700 feet of
frontage, and is less than one mile from Highway 82, one of the major throughfares in
North Texas. Bonham is approximately 70 miles northeast of Downtown Dallas.
• Just minutes from the heart of Bonham, the Site is located 2.75 miles north of a vibrant
downtown featuring beloved local restaurants, unique shops, and rich museums.
• The Site is located within Bonham ISD which serves a total student body of 1,900 and
has a B rating according to Niche.com.
Zoning
• The Site is located within the City of Bonham and is zoned (R) Single-Family Residential
Dwelling District
• The minimum lot size permissible on the Site is 60 ’x 100’.
• Additional uses allowed within the current zoning may include schools, churches,
community center, or other similar uses.
• The Site also lends itself to various recreational uses and/or a future estate.
• Purchasers are encouraged to independently verify zoning classifications and permitted
uses.
Population and Demographics
• Fannin County spans approximately 400 square miles and is home to the Bois d’Arc Lake,
offering residents a variety of recreational activities.
• According to the 2024 U.S. Census Bureau, the population of Fannin County was 38,650,
with Bonham home to approximately 10,697.
• Downtown Bonham is backed by a newly approved $74 million reinvestment plan,
fueling the revitalization of the historic square with modern infrastructure, enhanced
streetscapes, and vibrant new amenities.
• The City of Sherman, located 30 miles west of the Site, will be home to both the Texas
Instruments and GlobiTech semiconductor chip facilities, representing a combined $35
billion in anticipated investment and up to approximately 4,500 new jobs in the area.
• The entirety of Fannin County is a part of the Bonham micropolitan statistical area and
the Dallas-Fort Worth Metropolitan combined statistical area, one of the fastest growing
MSAs in the country.

Property Facts

Price $3,181,387 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 81.13 AC
Opportunity Zone Yes
Zoning Single-Family Residential - Single-Family Residential Dwelling District (R) (60’ x 100’ lot min)

1 Lot Available

Lot

Price $3,181,387 CAD
Price Per AC $39,213.45 CAD
Lot Size 81.13 AC

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained to offer investors and developers the opportunity to purchase 81.125+/- acres (the “Site”) located along North State Highway 121 in Bonham, TX. This Site offers direct frontage (1,700 feet) on Highway 121, one of North Texas’ primary thoroughfares. The Site is less than one mile north of Highway 82, an important east-west route running from Lubbock to Texarkana, and 2.75 miles north of Highway 56, a key thoroughfare serving greater Fannin County. With the Site already zoned single family allowing for 60’ x 100’ minimum lot size; creating an exceptional opportunity for investors or developers seeking land in the path of growth, all at an asking price of just $27,733 per acre. A 2% Co-Broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity. If seeking a Co-Broker Fee, the third-party broker must be identified upon initial conversation with listing broker.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 73021
  • 84193
Land Assessment
$1,335,627 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,335,627 CAD
  • Listing ID: 40943840

  • Date on Market: 2026-06-16

  • Last Updated:

  • Address: N State Highway 121, Bonham, TX 75418

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