W White St, Bonham, TX 75418

$965,000

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List Price
$965,000
MLS#
21056200
Status
ACTIVE
Type
Land
Subtype
Land
Acres
12.03
County
Fannin
City
Bonham
Subdivision
Beau Tess Pep

Property Description

Excellent opportunity for developer or investor and located just south of Hwy 82. Bonham is designated as an Opportunity Zone, so Buyer can get significant tax break. Rezoning and high density platting for 51 lots has been done, but does not have final approval by City of Bonham. We do have a quote of approximately $90,000 for engineering to be completed per city requirements. City utilities are nearby but should be verified by Buyer. Atmos gas easement on west side of property. The 16,000-acre Bois D'Arc Lake and Bonham Lake as well as Ralph Hall Lake will help to make this a desirable area with good growth potential. There is currently a significant amount of development and growth in Bonham! Purchase before prices increase! Please note that tax ID is for only one lot. Survey in Transaction Desk.

Additional Information

Unexempt Taxes
$5,960
Lot Size
524,026
Lot Description
Pond(s), Trees, Subdivided, City Lot
School District
Bonham Isd
Elementary School
Finleyoate
High School
Bonham
Proposed Use
Residential, Single Family
Possession
CloseOfEscrow

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Janith Boyd from SocialLivingRealEstateBoutique. Contact: 214-945-1970