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    000 S Hwy 121 Hwy Bonham, TX 75418

    New
    For Sale
    $2,910,600

    Unimproved Land - Bonham, TX

    Type:Unimproved Land
    Lot size:
    148.73 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 000 S Hwy 121 Hwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000000075809
    Lot size
    148.73 Acres

    Building Details

    Architectural style
    Other

    Weichert, Realtors - Solid Ground (903) 583-4900 [email protected]

    Listing agent Mike Schreiber (903) 583-4900 License #0537958

    Listing date Dec 12, 2025

    MLS# 20569353 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    148 Acres of Unimproved Land

    This is a 148.728-acre tract of land featuring a combination of cleared and wooded acreage. The property is flat to gently sloping and has road frontage on three sides, with access from both State Highway 121 and State Highway 56. Oncor and Fannin County Electric power lines run along and through the property. The land extends over a mile north and south and a third of a mile east and west, not including the strip from Highway 121 to the first 90-degree turn on CR 4120. It includes over 2200 feet of county road frontage and 300 feet of Highway 121 frontage. Southwest Fannin water is available on adjoining properties along Highway 121. Located two miles from the city limits of Bonham along Highway 121, and one and a quarter miles from the Bonham city limits from the north entry. The property fronts State Highway 121, which runs from Bonham to McKinney and becomes the Sam Rayburn Tollway, continuing to the DFW airport. The portion of Highway 121 that runs through Fannin County is approved for 4-lane expansion. The location of this property could become ideal if a loop around the city is required in the future.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.21908935
    Latitude
    33.53911197

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    FAQs

    What type of property is this?
    Land - Large tract with road frontage and utilities near Bonham city.
    Where is this land located?
    The property is located at 000 S Hwy 121 Hwy Bonham, TX.
    What is the asking price?
    The asking price for this property is $2,910,600.
    What are key features of this property?
    This property features: - Expansive 148-acre tract with flat to gently sloping ground.; - Road frontage on 3 sides, accessible from State Hwy 121 and State Hwy 56.; - Utilities available: Oncor and Fannin County Electric power lines on and through the property.
    (903) 583-4900
    Request Owner's contact information
    000 S Hwy 121 Hwy Bonham, TX 75418
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    Bonham, TX 75418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 S Hwy 121 Hwy Bonham, TX 75418
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