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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.
| LAST UPDATED | 3/11/2026 | TRACT | NA |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | Fannin |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| LOT | 0.95 acre(s) |
|---|---|
| LOT DESCRIPTION | Cleared |
| SEWER | Public Sewer |
| SUBDIVISION | NA |
| UTILITIES | Electricity Available |
| WATER | Public |
| ZONING | Residential Duplex Single Family MultiFamily |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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Listing provided by Jim Glynn, JG Real Estate, LLC
This data was last updated on: 3/11/26 9:37 PM PDT
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