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    1709 N State Highway 121 Bonham, TX 75418

    For Sale
    $3,900,000

    Unimproved Land - Bonham, TX

    Type:Unimproved Land
    Lot size:
    9.01 Acres
    Days on Market:
    140
    Last Refresh:
    Dec 8 at 3:06 am

    Property Features for 1709 N State Highway 121

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000000079778
    Parking features
    Driveway
    Fireplace
    1
    Lot size
    9.01 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    1996
    Building materials
    Brick
    Architectural style
    Other

    RE/MAX Visionary (903) 997-3629

    Listing agent David Cullar (903) 997-3629 License #0438726

    Listing date Jul 22, 2025

    MLS# 21007841 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 Unimproved Land

    This property features approximately 9 acres situated in a prime location on the main business thoroughfare through Bonham, TX. The site benefits from close proximity to several restaurants, a Wal Mart, and multi-family properties. Two entrances are already established on the property from Business 121. Currently zoned for multi-family use, the property could potentially be re-zoned for retail or business use, subject to city approval. A residential home with 2,400 square feet, built in 1996, is present on the parcel. While incidental to the overall value, it could be used for revenue generation while holding the property. Bonham serves as the gateway to the new Bois D' Arc Lake, the newest lake in Texas. This, combined with its proximity to the Dallas-Fort Worth area, is contributing to significant growth, with three new housing developments announced in the last six months.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.19277149
    Latitude
    33.58967456

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    FAQs

    What type of property is this?
    Commercial land - 9 acres in prime location, close to amenities and new lake.
    Where is this commercial land located?
    The property is located at 1709 N State Highway 121 Bonham, TX.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Prime location on the main business thoroughfare in Bonham, TX.; - Approximately nine acres of land.; - Zoned for multi-family use with potential for retail or business rezoning.
    (903) 997-3629
    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
    1709 N State Highway 121 Bonham, TX 75418
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