1500-1510 Albert Broadfoot Street Bonham, TX 75418

Listing Agency JG Real Estate, LLC Show Phone

Abilene, TX

Listed by Jim Glynn · License #0540156 Show Phone

Added: Mar 11 Checked: Jul 18 at 10:06 am

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MLS# 21204740 Listing URL

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Investment Insights

Based on property information with market context.

This nearly 1-acre lot in Bonham, TX, presents an opportunity for multi-family development. Zoned for multi-family use, the property is an excellent location for an apartment complex, duplexes, or quadplex buildings. The seller has approval from the City of Bonham for a 6-duplex development. Utilities including electric, water, and sewer are available on the street adjacent to the lot. The property is not located in a flood zone and is within walking distance of two schools. 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 ongoing growth and infrastructure expansion from Collin County into Fannin County, this property is well positioned for future development and investment.

Key Highlights

• Multi‑family zoning allows for various development options.
• Seller has existing approval from the City of Bonham for a 6‑duplex development.
• Nearly 1‑acre lot in Bonham, TX, positioned for future development due to growth from Collin County.

Property Analytics

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FAQs

What type of property is this?

Land - Nearly one-acre lot approved for multi-family development in Bonham.

Where is this land located?

The property is located at 1500-1510 Albert Broadfoot Street Bonham, TX.

What is the asking price?

The asking price for this property is $139,000.

What are key features of this property?

This property features: Multi‑family zoning allows for various development options.; Seller has existing approval from the City of Bonham for a 6‑duplex development.; Nearly 1‑acre lot in Bonham, TX, positioned for future development due to growth from Collin County.