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About the Listing JGRES01 - 0540156
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
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- Below Ground Sq Ft: n/a
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Exterior Details
- Lot Description: Cleared,.5 to < 1 Acre
- Garage Capacity: N/A
- Zoning: Residential Duplex Single Family MultiFamily
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: R000092491
- Tax Year: N/A
Payment Calculator
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Questions About..
1500-1510 Albert Broadfoot St Bonham, TX 75418
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