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1500-1510 Albert Broadfoot Street

Bonham, TX 75418

$139,000

Land · 0.95 ac · $146K/ac

Acres0.95 acres
Price per acre$146,316 / acre
ZoningResidential Duplex Singl…
WaterCity Water
SewerCity Sewer
ElectricElectricity Available
TypeLand

What it costs to own

TaxesNot provided by the listing
MUDNone listed
HOANone listed
Price per acre$146,316

About this home

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. The seller currently has approval from the City of Bonham for a 6-duplex development.

This property offers electric, water, and sewer on the street adjacent to the lot. The property is not located in a flood zone and is within walking distance of two schools in the area.

The lot could potentially accommodate approximately 15 apartment units, 12 quadplex units, 12 duplex units, or a collection of build-to-rent single-family homes. With the ongoing growth and infrastructure expansion from Collin County into Fannin County, this property is well positioned for future development and investment.

The details

Lot featuresCleared
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Available

ZoningResidential Duplex Single Family MultiFamily
RestrictionsBuilding, Easement(s), Other
EasementsUtilities

Mineral rights aren't stated in this listing — verify with the title company before purchase.

ElementaryFinleyoate
Middle schoolRather
High schoolBonham
DistrictBonham ISD

MLS #21204740
Source
On the marketListed today
CountyFannin

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 0.8 mi
Nearest parkHA Park · 0.1 mi

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Listing courtesy of JG Real Estate, LLC — Jim Glynn.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21204740. Information last updated March 11, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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