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3664 N State Highway 78, Bonham, TX 75418
$2,100,000
3664 N State Highway 78, Bonham, TX 75418View this property at 3664 N State Highway 78, Bonham, TX 75418
3664 N State Highway 78BonhamTX75418
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Property Description
OWNER FINANCING AVAILABLE w DEFERRED PAYMENTS! This is a fantastic new park in Bonham, TX just 2 minutes from Lake Bonham! Owners will be retaining and subdividing out a very small section to maintain their current fireworks stand and small roofing business office. This property is 2 parcels totaling 13.5 acres. Directly off the highway, you will find 37 completed asphalt RV spots with individual electric meters, wiring to each for private Wi-Fi, a wifi tower owned by the park, 23 spots planned and primarily paid for to the left of the completed 37 spots. Owner has purchased the big ticket items for those spots and the dirt work just needs to be done. Owner is building a laundry facility on-site with showers and a kitchen for the community. There is a large fishing pond and additional acreage to add yet another 60 spots for a total of 120! Projected income is stated in the listing for 37 spots. Proforma 60 Spots NOI is $307,714.29 1st year. Proforma 120 spots NOI is $615,428.00!
Full Property Details
Full Property Details for 3664 N State Hwy 78
General
- Price: $2,100,000
- Taxes: $3,167
- Status: Active
- Type: Business
- MLS ID: 20385979
- Updated: 10/9/2023
- Added to Site: 285 day(s) ago
Business
- Name: Two Frogs RV Park
- Business Type: Residential, Mobile/Trailer Park
Interior
- Flooring: Other
Additional Information
- Security/Safety: Security Lights, Wireless
Parking
- Parking Features: Asphalt, Drive Through, Driveway, Guest, Open, Other, Oversized, RV Access/Parking
Location
- County: Fannin
- Subdivision: Wildlife Management
- Driving Directions: Take 78 North 32.8 mi. to Hwy 160 N., Turn right onto TX-121 N., 17.9 mi., Turn left onto N Texas State Hwy 121 0.6 mi. Continue on TX-121 N. Drive to S State Hwy 78 N 7 min (4.9 mi) Continue straight onto TX-121 N follow TX-121 N 3.5 mi Slight left onto S State Hwy 78 N 1.4 mi.,
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Electricity Connected, Septic Available, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Other
- Roof: Other
- Stories/Levels: 1
- Square Feet: 1,440
- Sq. Ft. Source: Appraiser
- Year Built: 2023
Lot Features
- Lot Size (Acres): 13.59
- Lot Size (Sq. Ft.): 591,980.4
- Lot Size Source: Owner
- Frontage: Highway, Asphalt, Dirt, Gravel
- Lot Features: Acreage, Cleared, Other, Pasture, Pond, Few Trees
- Zoning: RV Other
Water Features
- Water Front Name: Bonham
Financial Considerations
- Tax Amount: $3,167
- Tenant Pays: Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Builder Owned, Standard
- Legal Description: A0198 H COX, ACRES 7.025 WILDLIFE MANAGEMENT
- Exclusions: Small office building for owner's roofing business and fireworks stand
- Inclusions: Land & Improvements
- Property ID: 73201
Listed by Call It Closed Realty, Melanie White
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Schools
Schools serving 3664 N State Hwy 78
School District:Bonham Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
1901 Albert Broadfoot St, Bonham, TX 75418 | K-3 | 7.3 mi | |
1300 N Main St, Bonham, TX 75418 | 4-6 | 7.8 mi | |
Fannin County Head Start
201 E 10th St, Bonham, TX 75418 | PK-PK | 8 mi | |
1201 N Main St, Bonham, TX 75418 | 7-8 | 7.9 mi | |
1002 War Path St, Bonham, TX 75418 | 9-12 | 7.4 mi | |
Disciplinary Alternative Education Program
901 Warpath, Bonham, TX 75418 | 5-8 | 9 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 3664 N State Hwy 78
Date
Details
Price
Change
Source
7/19/2023
Listed
$2,100,000
—
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 3664 N State Hwy 78
Year
Property Taxes
Change
Tax Assessment
Change
2018
$54
—
$592,340
205%
2018
$54
—
$194,060
79%
2018
$54
—
$108,540
6%
2018
$54
—
$102,850
3%
2018
$54
—
$99,720
103%
2018
$54
100%
$49,060
22%
2014
100%
$40,280
-6%
2014
—
$42,820
—
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 3664 N State Hwy 78
3664 N State Highway 78, Bonham, TX 75418 (MLS# 20385979) is a Business property. 3664 N State Highway 78 is currently listed for $2,100,000 and was received on July 19, 2023. Want to learn more about 3664 N State Highway 78? Do you have questions about finding other Business real estate for sale in Bonham? You can browse all Bonham real estate or contact a Coldwell Banker agent to request more information.