This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/36
$1,800,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/36
Property Description
Prime Bonham Commercial Property - High Traffic SH 121 Frontage Near Bois d'Arc Lake! Excellent opportunity to acquire a premier 4.4-acre commercial site located at the hard corner of State Highway 121 South and FM 1629 in Bonham, offering outstanding visibility with over 15,000 vehicles per day (TxDOT). Dual frontage and easy ingress-egress support a wide range of commercial and light industrial uses. Situated approximately 10 miles from Bois d'Arc Lake, this property is perfectly positioned for Bonham and lake-area commerce, making it ideal for retail, restaurant, automotive, boating, bait & tackle, and service-related businesses looking to capitalize on rapidly increasing tourism and residential growth. The property includes a well-maintained 4,725-square-foot building featuring 5 offices, a showroom, warehouse space, breakroom, 1 full bathroom, and 3 half bathrooms, plus a large shop with oversized bay door and additional storage. The expansive 4.4-acre site provides ample parking, outdoor storage, and significant room for expansion, including Industrial Outdoor Storage (IOS) facilities and additional flex warehouse development. Bonham is experiencing transformative growth driven by North Texas expansion, population influx, and industrial development, transitioning into a commuter-friendly residential and light industrial hub with major new housing developments such as Asher Oaks and Powder Creek Ranch. Located within 25 minutes of Sherman's major semiconductor manufacturing plants, including Texas Instruments' expanded campus. Exceptional investment opportunity offering high traffic, strong visibility, and a prime growth location.
Full Property Details
Full Property Details for 3301 S State Hwy 121
General
- Price: $1,800,000
- Taxes: $6,921
- Status: Active
- Type: Commercial Service
- Source: NTREIS
- MLS ID: 21240207
- Updated: 5/1/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Auto Body, Auto Dealer, Auto Rent/Lease, Auto Parts, A
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Security Service
Parking
- Garage: Yes
- Parking Features: Additional Parking, Covered, Garage Faces Side
Location
- County: Fannin
- Subdivision: North Texas Estates
- Driving Directions: Follow GPS - Sign on Property
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Electricity Connected, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Metal Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 4,725
- Sq. Ft. Source: Appraiser
- Year Built: 1994
Lot Features
- Lot Size (Acres): 4.4
- Lot Size (Sq. Ft.): 191,664
- Lot Size Source: Assessor
- Frontage: Farm to Market Road, Highway
- Lot Features: Acreage, Corner Lot
- Potential Use: Automotive, Industrial, Office, Place of Worship, Restaurant, Retail, Warehouse, Wholesale
- Zoning: Commercial
Financial Considerations
- Tax Amount: $6,921
- Terms: Cash, Conventional
- Owner Pays: All Utilities
- Tenant Pays: None
Disclosures and Reports
- Legal Description: NORTH TEXAS ESTATES, LOT 1 & 2, ACRES 2.006 & 2.4
- Inclusions: Land & Improvements
- Property ID: 82561
- Lot Number: 2
Listed by Keller Williams Realty DPR, Alicia Purser
Get Pre-Approved Today
Schools
Schools serving 3301 S State Hwy 121
School District:Bonham Independent School District
| Name | Grades | Distance |
|---|---|---|
Evans Elementary School 1300 North Main Street, Bonham, TX 75418 | 4-6 | 4.7 mi |
Finley-Oates Elementary School 1901 Albert Broadfoot Street, Bonham, TX 75418 | K-3 | 4.9 mi |
Rather L High School 1201 North Main Street, Bonham, TX 75418 | 7-8 | 4.6 mi |
Bonham High School 1002 Warpath Drive, Bonham, TX 75418 | 9-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3301 S State Hwy 121
Date
Details
Price
Change
Source
4/30/2026
Listed
$1,800,000
—
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 3301 S State Hwy 121
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,037
—
$520,480
44%
2024
$5,037
49%
$362,470
10%
2018
$3,384
—
$329,750
10%
2018
$3,384
—
$299,900
34%
2018
$3,384
—
$223,050
15%
2018
$3,384
—
$194,460
-5%
2018
$3,384
—
$204,000
19%
2018
$3,384
100%
$171,700
4%
2014
100%
$165,820
153%
2014
—
$65,560
—
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 3301 S State Hwy 121
3301 S State Highway 121, Bonham, TX 75418 (MLS# 21240207) is a Commercial Service property. 3301 S State Highway 121 is currently listed for $1,800,000 and was received on April 30, 2026. Want to learn more about 3301 S 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.

