609 3Rd St Bonham, TX 75418
- Land
- 1.21 lot acres
Current Use by Public Records
- Land
Property Details for 609 3Rd St
- Lot size
- 1.21 lot acres
- Property type
- Land
Description
This exceptional 1.21-acre commercial land parcel presents a unique investment opportunity in the heart of Bonham, Texas. Located at 609 W 3rd Street, this property boasts a strategic position adjacent to the downtown area, a thriving food truck park, and a bustling trades day, indicating a dynamic and growing neighborhood. Currently zoned residential, the land offers immediate potential for single-family home development. However, with city approval, the property's zoning could be modified to accommodate multi-family dwellings or even small-scale commercial ventures, capitalizing on the area's upward trajectory. The property's existing water meter simplifies utility connections, streamlining the development process. The asking price of $80,000 represents an attractive price per acre of $82,576.38, making this a compelling investment in a rapidly evolving market. The property's APN is 000000083618. This is a rare chance to acquire a significant land holding in a prime location within Fannin County, Texas, zip code 75418. The property's coordinates are 33.5759422 latitude and -96.185311 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bonham
- County
- Fannin
- State
- Texas
- Longitude
- -96.1853
- Latitude
- 33.5759
