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1709 N State Highway 121, Bonham, TX 75418
$4,600,000
1709 N State Highway 121, Bonham, TX 75418View this property at 1709 N State Highway 121, Bonham, TX 75418
1709 N State Highway 121BonhamTX75418
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Property Description
Attention Developers! This property has almost 10 acres with over 400 feet of State Highway 121 frontage! It is perfectly located on the main artery through rapidly growing Bonham, Texas. There are 3 entrances from the highway already in place. Potential is unlimited considering the long highway frontage. 9.07 acres is zoned multi-family and .66 acres is currently zoned for business and being used as restaurant. There is a 2400 sq. ft. home on the larger tract and the restaurant on the smaller tract is 1442 sq. ft. according to Fannin CAD.
Full Property Details
Full Property Details for 1709 N State Hwy 121
General
- Price: $4,600,000
- Taxes: $9,862
- Status: Active
- Type: Commercial Service
- MLS ID: 20615922
- Updated: 5/23/2024
- Added to Site: 24 day(s) ago
Business
- Business Type: Food & Beverage, Fast Food, Other, Restaurant
Location
- County: Fannin
- Subdivision: Mary Mcdonald Surv Abst 727
- Driving Directions: GPS
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Metal Siding
- Roof: Asphalt, Metal, Shingle
- Stories/Levels: 1
- Square Feet: 2,820
- Sq. Ft. Source: Assessor
- Year Built: 1996
Lot Features
- Lot Size (Acres): 9.67
- Lot Size (Sq. Ft.): 421,225.2
- Lot Size Source: Assessor
- Frontage: Highway, All Weather Road, Asphalt
- Lot Features: Acreage, Cleared
- Zoning: Larger tract is zoned multifamily small tract is zoned business
Financial Considerations
- Tax Amount: $9,862
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Standard
- Legal Description: A0727 M MC DONALD, 9.0059 and..065, LIFE ESTATE
- Inclusions: Land & Improvements
- Property ID: 79778
Listed by Frontier Properties Real Estate, Llc, Brenda Atnip
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Schools
Schools serving 1709 N State Hwy 121
School District:Melissa Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
3509 Liberty Way, Melissa, TX 75454 | PK-5 | 2 mi | |
2950 Cardinal Dr, Melissa, TX 75454 | 6-6 | 1.1 mi | |
3150 Cardinal Dr, Melissa, TX 75454 | 7-8 | 1.4 mi | |
3030 Milrany Ln, Melissa, TX 75454 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1709 N State Hwy 121
Date
Details
Price
Change
Source
5/15/2024
Listed
$4,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1709 N State Hwy 121
Year
Property Taxes
Change
Tax Assessment
Change
2018
$4,687
—
$596,850
7%
2018
$4,687
—
$557,800
56%
2018
$4,687
—
$358,670
8%
2018
$4,687
—
$331,880
7%
2018
$4,687
—
$310,680
7%
2018
$4,687
100%
$291,120
5%
2014
100%
$277,950
6%
2014
—
$261,040
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1709 N State Hwy 121
1709 N State Highway 121, Bonham, TX 75418 (MLS# 20615922) is a Commercial Service property. 1709 N State Highway 121 is currently listed for $4,600,000 and was received on May 15, 2024. Want to learn more about 1709 N State Highway 121? Do you have questions about finding other Commercial Service real estate for sale in Bonham? You can browse all Bonham real estate or contact a Coldwell Banker agent to request more information.