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    11 Tbd Fm 1553 & Hwy Bonham, TX 75418

    For Sale
    $435,000

    Unimproved Land - Bonham, TX

    Type:Unimproved Land
    Lot size:
    26.94 Acres
    Days on Market:
    505
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 11 Tbd Fm 1553 & Hwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000000099182
    Lot size
    26.94 Acres

    Building Details

    Architectural style
    Other

    Bonham Land & Ranches, LLC (903) 583-4455

    Listing agent Brittany Outlaw (903) 583-4455 License #0636922

    Listing date Jul 29, 2024

    MLS# 20241650 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

    27 Acres of Versatile Land

    This property features approximately 27 acres of land currently used for farming and holding an agricultural exemption. Situated in a rural area of Fannin County, it is located a short distance from Bonham. The land presents opportunities for continued agricultural use, a future homestead, recreational activities, or a business location. The sellers are open to subdividing the property, starting from the south end, at a higher per-acre price. Burr Oak Creek and a heavily wooded area border the rear of the property. The land is currently planted with wheat, attracting deer. The location offers convenient access to Dallas within an hour and McKinney, TX, in even less time. Fannin County is becoming an increasingly popular relocation destination for those moving from larger cities. While there is currently no electricity on the property, it can be easily installed. A water line runs along the road, but there is no meter currently in place.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.20318923
    Latitude
    33.45983364

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    FAQs

    What type of property is this?
    Agricultural land - Unimproved land suitable for farming, homestead, recreation, or business.
    Where is this agricultural land located?
    The property is located at 11 Tbd Fm 1553 & Hwy Bonham, TX.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - 27+/- acre property suitable for farming, homestead, recreation, or business; - Ag exemption in place, currently being farmed; - Located in a desirable rural area of Fannin County, near Bonham
    (903) 583-4455
    Request Owner's contact information
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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
    11 Tbd Fm 1553 & Hwy Bonham, TX 75418
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