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Agricultural Land with Stocked Lake
For Sale
$1,450,000

32.243 Acres S Hwy 121, Bonham, TX 75418

Land, Bonham, TX

Property SizeContact for details
Lot Size32.24 Acres
Days on Market57

Property Features for 32.243 Acres S Hwy 121

General Information

Property type Land
Property subtype Other
Zoning description not zoned
Vegetation Wooded
Exterior features Storage
Fencing Fenced
Lot features Acreage, Agricultural, Back Yard, Lawn, Pasture, Pond On Lot, Rolling Slope, Many Trees, Few Trees
Elementary school Finleyoate
Middle school Rather
High school Bonham
Elementary school district Bonham ISD
Middle school district Bonham ISD
High school district Bonham ISD
Directions Use address 2090 TX-121, Bonham, TX 75418
Standard status Active
APN R000075801
Lot size 32.24 Acres

Taxes and HOA fees

Tax Description A0423 R A GIBSON Survey
Legal Description A0423 R A GIBSON Survey

Utilities

Heating system Electric (Heating), Central
Cooling system Electric, Ceiling Fan(s), Central Air

Building Details

Year built 2002
Additional Structures Barn(s), Storage
Listing Agency: RE/MAX Four Corners · RE/MAX International
Listed By: Hailey Alexander · License #0539674
Added: Jun 30 Changed: Aug 24 Last Checked: Aug 25 at 3:06PM
MLS# 21309952

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 32.243-acre agricultural property includes approximately 29.5 acres of pasture with open grazing areas, mature trees, fencing, and cross-fencing. A stocked lake occupies part of the rear acreage, while the elevated terrain provides views across the surrounding countryside. The property is divided between two parcel IDs and includes a 2.7-acre front parcel with a 2002 commercial office building. The building offers private offices, a reception lobby, a half bath, storage, central air, central heating, and electric service.

Approximately 1,597 feet of frontage along Hwy 121 provides direct highway exposure. The property is 3.4 miles southwest of Bonham, 36 miles from McKinney, and 69 miles from Dallas. Its position south of Lake Bonham and southwest of Bois d'Arc Lake places agricultural land, water features, and an existing office improvement within one holding.

Key Highlights

  • 32.243‑acre agricultural property with approximately 29.5 acres of pasture
  • Approximately 1,597 feet of frontage along Hwy 121
  • Stocked lake located on the rear acreage

Property Analytics

Current Use

Office buildings

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Fenced pastureland combines agricultural acreage, a stocked lake, mature trees, and an existing office building.
Where is this agricultural land / farmland located?
The property is located at 32.243 Acres S Hwy 121 Bonham, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 32.243‑acre agricultural property with approximately 29.5 acres of pasture; Approximately 1,597 feet of frontage along Hwy 121; Stocked lake located on the rear acreage
More about this property
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