YerraBella Apartment
For Sale
Contact for pricing
Pending
1103 State Hwy 121, Bonham, TX 75418
Two-building multifamily community with four floor plans and nearby access to Bonham-area schools.
Property SizeContact for details
Days on Market141
Property Features for 1103 State Hwy 121
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Compass RE Texas
Listed By:
Steve Tiemann · License #697977-SA
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 7:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass RE Texas
Investment Insights
Based on property information with market context.
YerraBella Apartments comprises two buildings totaling 75,186 square feet on 3.094 acres. The community contains 84 units with an average unit size of 895 square feet. Floor plans include 48 one-bedroom, one-bath units; 30 two-bedroom, two-bath units in two size configurations; and 6 three-bedroom, two-bath units. Construction was completed in October 2022.
The property is located in Bonham near Finley-Oates Elementary School, I.W. Evans Intermediate School, L.H. Rather Jr. High School, and Bonham High School, each identified as within 1 mile. Bonham is described as 20 minutes east of Sherman and Denison along State Highway 82, with Bois d’Arc Lake northeast of the community.
Occupancy was 71% in December 2023, with projected stabilization identified for Summer 2024. The source information also reports a 95% stabilized occupancy assumption and operating projections, without including those financial figures here.
The property is located in Bonham near Finley-Oates Elementary School, I.W. Evans Intermediate School, L.H. Rather Jr. High School, and Bonham High School, each identified as within 1 mile. Bonham is described as 20 minutes east of Sherman and Denison along State Highway 82, with Bois d’Arc Lake northeast of the community.
Occupancy was 71% in December 2023, with projected stabilization identified for Summer 2024. The source information also reports a 95% stabilized occupancy assumption and operating projections, without including those financial figures here.
Key Highlights
- 84 units across 2 apartment buildings
- 75,186 SF on 3.094 acres
- Unit mix includes 48 one‑bedroom, 30 two‑bedroom, and 6 three‑bedroom units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Explore this area
Business Placement
Demographics for 75418, TX
14,775
Population
5,704
Households
2.6
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
140.8 sq mi
ZIP Area
105
Density / Sq Mi
$61,265
Median Household Income
$37,944
Median Earnings
$1,040
Median Rent
$207,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily community with four floor plans and nearby access to Bonham-area schools.
Where is this apartment building located?
The property is located at 1103 State Hwy 121 Bonham, TX.
What are key features of this property?
This property features: 84 units across 2 apartment buildings; 75,186 SF on 3.094 acres; Unit mix includes 48 one‑bedroom, 30 two‑bedroom, and 6 three‑bedroom units
