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    1509 Island Byu Bonham, TX 75418

    For Sale
    $850,000

    Unimproved Land - Bonham, TX

    Type:Unimproved Land
    Lot size:
    10.89 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 1509 Island Byu

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000000100329
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    10.89 Acres

    Building Details

    Architectural style
    Other

    Paragon Realtors (903) 893-8174

    Listing agent Megan Towery (903) 893-8174 License #0645852

    Listing date Oct 13, 2025

    MLS# 21086033 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

    Bonham, TX Development Opportunity

    This 10.889-acre tract presents a development opportunity in Bonham, Texas. Positioned in the center of Bonham’s growth corridor, the property offers potential for residential development. It features frontage on both Highway 78 and Island Bayou Road, providing dual access points suitable for subdivision design. A 12-inch city water line runs along Island Bayou, supporting infrastructure for new homes. The site is located within a floodplain, presenting an opportunity for a developer to elevate and build. The location is near downtown amenities, schools, and new commercial expansion. Community investment and development are thriving in Bonham.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.175471
    Latitude
    33.589793

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    FAQs

    What type of property is this?
    Land - 10.889 acres prime for residential development in Bonham, TX.
    Where is this land located?
    The property is located at 1509 Island Byu Bonham, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - 10.889-acre prime development opportunity in Bonham's growth corridor.; - Dual frontage on Highway 78 and Island Bayou Road provides convenient access.; - Ideal for residential development and subdivision.
    (903) 893-8174
    Request Owner's contact information
    1509 Island Byu 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
    1509 Island Byu Bonham, TX 75418
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