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$850,000
Est. payment /mo
10.88 Acres Lot
New
1509 Island Bonham, TX 75418
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Island Bayou Estates
MLS Listing ID 21086033
HOA Y/N None
Annual Tax Amount $14
Lot Size 10.885 Acres
Acres 10.885
Property Sub-Type Unimproved Land
Property Description
10.889 Acres – Prime Development Opportunity in the Heart of Bonham
Positioned in the center of Bonham's growth corridor, this 10.889-acre tract offers exceptional potential for residential development. With frontage on both Highway 78 and Island Bayou Road, the property provides convenient dual access points ideal for future subdivision design. A 12-inch city water line runs along Island Bayou, supporting infrastructure for new homes.
Currently located within a floodplain, this site presents an excellent opportunity for a developer ready to elevate and build—transforming a centrally located parcel into a new neighborhood just minutes from downtown amenities, schools, and new commercial expansion.
Bring your vision to life in one of North Texas' fastest-growing small towns—Bonham, Texas—where community investment and development are thriving.
Positioned in the center of Bonham's growth corridor, this 10.889-acre tract offers exceptional potential for residential development. With frontage on both Highway 78 and Island Bayou Road, the property provides convenient dual access points ideal for future subdivision design. A 12-inch city water line runs along Island Bayou, supporting infrastructure for new homes.
Currently located within a floodplain, this site presents an excellent opportunity for a developer ready to elevate and build—transforming a centrally located parcel into a new neighborhood just minutes from downtown amenities, schools, and new commercial expansion.
Bring your vision to life in one of North Texas' fastest-growing small towns—Bonham, Texas—where community investment and development are thriving.
Location
State TX
County Fannin
Zoning residential commercial mix use
Direction Please use GPS to locate
Exterior
Fence Fenced
Utilities Available City Sewer, City Water, Unincorporated
Street Surface Asphalt,Concrete
Garage No
Building
Lot Description Acreage, Cleared, Interior Lot, Many Trees, Pasture, Subdivision
Schools
Elementary Schools Evans
High Schools Bonham
School District Bonham Isd
Others
Restrictions Animals
Ownership Davis
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21086033

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Listed by Megan Towery • PARAGON, REALTORS
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