For Sale
$80,000

609 3Rd St Bonham, TX 75418

1.21 acres, prime Bonham location. High growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
131
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.

Highlights

  • $80,000 asking price for 1.211 acres of commercial land.
  • Located at 609 W 3rd Street, Bonham, TX 75418 (APN: 000000083618).
  • Currently zoned residential, offering potential for single-family, multi-family, or small commercial development (city approval required).
  • Land value: $82,576.38/acre.
  • Prime location near downtown Bonham, adjacent to a food truck park and trades day, indicating high growth potential.

Property Details for 609 3Rd St

Property type
Land
Lot Size (sq. ft)
52,751 SF

Location Insight

City
Bonham
County
Fannin
State
Texas
Latitude
33.5759422
Longitude
-96.185311
609 3Rd St, Bonham, Texas

FAQs

What type of property is this?
Land - 1.21 acres, prime Bonham location. High growth potential.
Where is the land located?
The property is located at 609 3Rd St Bonham, TX.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: $80,000 asking price for 1.211 acres of commercial land.; Located at 609 W 3rd Street, Bonham, TX 75418 (APN: 000000083618).; Currently zoned residential, offering potential for single-family, multi-family, or small commercial development (city approval required).
How can I contact the broker?
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609 3Rd St
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