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    1709 State Hwy. 121 Hwy Bonham, TX 75418

    For Sale
    $3,900,000

    Improved Land - Bonham, TX

    Lot size:
    9.01 Acres
    Days on Market:
    139
    Last Refresh:
    Dec 8 at 3:06 am

    Property Features for 1709 State Hwy. 121 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    000000079778
    Exterior features
    Fence
    Fencing
    Fenced
    Fireplace
    1
    Lot size
    9.01 Acres

    Utilities

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

    Building Details

    Year built
    1996
    Architectural style
    Other

    RE/MAX Visionary (903) 997-3629

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

    Listing date Jul 23, 2025

    MLS# 21009967 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 Improved Land

    This property features approximately nine acres situated in a prime location on the main business thoroughfare in Bonham, TX. It is in close proximity to several restaurants, a Wal Mart, and multi-family properties. The land benefits from two existing entrances on Business 121. Currently zoned for multi-family use, the property could potentially be re-zoned for retail or business purposes, subject to city approval. A residential home of 2,400 square feet, constructed 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 is experiencing significant growth due to its location as the gateway to the new Bois D' Arc Lake and its proximity to the Dallas-Fort Worth area, with three new housing developments announced in the last six months.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.19280061
    Latitude
    33.58995547

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    FAQs

    What type of property is this?
    Commercial land - Nine acres in prime location on main business thoroughfare.
    Where is this commercial land located?
    The property is located at 1709 State Hwy. 121 Hwy 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 re-zoning for retail or business use.
    (903) 997-3629
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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 State Hwy. 121 Hwy Bonham, TX 75418
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