$150,000
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0.95 Acres Lot
SOLD DATE : 08/11/2023
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision T E Kennedy Add
MLS Listing ID 20301991
Sold Date 08/11/23
HOA Y/N None
Annual Tax Amount $1,000
Lot Size 0.949 Acres
Acres 0.949
Property Description
Amazing opportunity to own a MULTI-FAMILY zoned spacious lot in the heart of Bonham, Tx. This nearly 1 acre lot would be an excellent location to build an apartment complex, a series of duplexes, or even multiple cash-flowing quadplex buildings. NO IMPACT FEES. This property offers electric, water, and sewer on the street adjacent to the lot. The property is not in a flood zone and is within walking distance to two different schools in the area! This property could easily hold 15 apartment doors, 12 quadplex doors, or a collection of build-to-rent single family homes. With all the growth and infrastructure coming from Collin County to Fannin County, this property is primed to grow! Don’t wait on this opportunity. At 150k, You're looking at only 15k per door! Approximate dimensions: 426 feet deep, 99.07 feet wide at the rear, 94.72 feet wide on the road. Schedule your viewing today!
Location
State TX
County Fannin
Zoning Residential
Direction From N Texas State Hwy 121, turn Right onto War Path St. Turn Right onto Albert Broadfoot St. Land will be on the Left.
Exterior
Utilities Available Electricity Available, See Remarks, Sewer Available
Garage No
Building
Lot Description Interior Lot
Schools
Elementary Schools Evans
High Schools Bonham
School District Bonham Isd
Others
Restrictions No Known Restriction(s)
Ownership Renovating Texas, LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Spencer Mcduffy • eXp Realty LLC
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REALTOR® | Lic# 713375