78 Tbd Hwy Bonham, TX 75476
This exceptional 11-acre tract in Fannin County, Texas, presents a unique investment opportunity. Located between Bonham and the Oklahoma border, this property boasts a convenient location near Lake Bonham and Bois D'Arc Lake, offering recreational possibilities. Currently zoned for agricultural use and benefiting from an agricultural exemption, the land presents versatility for various purposes. The property's size is 479,160 square feet, identified by Parcel ID 76740. Given its location near Bonham and the proximity to lakes, it's ideal for a weekend home, primary residence, or even a recreational camping site. Buyers should note that this parcel will be subdivided from an existing tract, necessitating a survey. The asking price is $309,500, translating to approximately $29,545.45 per acre. The address is listed as TBD Hwy 78, Ravenna, TX 75476. This property offers a blend of rural tranquility and convenient access to amenities, making it an attractive proposition for diverse buyers. Serious inquiries are encouraged to explore the potential of this versatile land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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