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$995,000 Just Listed
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Property Description
Prime 48.736 acres of beautiful North Texas land with direct Highway 78 road frontage near Bailey, TX in Fanin County. Currently zoned AG with gorgeous open meadows, scattered mature trees, and wide open skies that make this property as scenic as it is valuable. Whether you envision a custom dream home, a working ranch, a weekend getaway, or a long-term land investment, this acreage checks every box. Location is everything and this property delivers. Highways 11 and 78 are right at your doorstep, putting you just 10 minutes from Bonham, 30 minutes from Bois dArc Lake, and approximately 40 minutes from McKinney. Everyday essentials including grocery stores, restaurants, and hardware shops are just 15 minutes away. Additional shopping, dining, and entertainment in McKinney, Greenville, and Sherman are all within a 35 minute drive. Bonham and Fanin County are experiencing historic growth right now. DR Horton just broke ground on the new Asher Oaks subdivision in early 2026. The 400-acre Powder Creek Ranch master-planned community is now underway with plans for 3000 new homes and commercial development through 2035. Highway 121 is being expanded to a four-lane corridor, dramatically increasing regional connectivity. And Lake Ralph Hall, a brand new 7600-acre reservoir and Texas newest lake, is now filling and set to deliver water and future recreational access by late 2026. Land with highway frontage in a rapidly developing Fanin County corridor does not come available often. Own your piece of North Texas before the next wave of growth arrives. This is not just a property, it is a position.
Full Property Details
Full Property Details for 45 62 Acres S Hwy 78
General
- Price: $995,000
- Taxes: $41
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21197254
- Updated: 4/13/2026
- Added to Site: 1 day(s) ago
Location
- County: Fannin
- Subdivision: EM Eubanks
- Driving Directions: From the intersection of Highway 11 and Highway 78 in Bailey TX, turn north on Highway 78 toward Bonham. Travel a short distance and the property will be on your left just before reaching FM 68. For GPS use neighbor address 8428 Highway 78 Bonham TX 75418.
School Information
- Elem School District: Bonham ISD
- Midd School District: Bonham ISD
- High School District: Bonham ISD
- Elementary School: Evans
- High School: Bonham
Utilities
- Water: Community/Coop
- Utility Description: Electricity Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Cattle
Lot Features
- Lot Size (Acres): 45.627
- Lot Size (Sq. Ft.): 1,987,512.12
- Frontage: Highway, Asphalt
- Lot Features: Few Trees
- Potential Use: Agricultural, Cattle, Commercial, Investment, Residential, Retail, Single Family, Subdevelopment, Highway/Tourist Service
- Zoning: Unzoned
Financial Considerations
- Tax Amount: $41
- Terms: Cash, Conventional, 1031 Exchange, Federal Land Bank, Other
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: A0343 E M EUBANKS, ACRES 45.627
- Property ID: 74710
Listed by Perfect Realty Partners, Zee Star
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Price & Sales History for 45 62 Acres S Hwy 78
Date
Details
Price
Change
Source
4/13/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 45 62 Acres S Hwy 78
45.62 Acres S Hwy 78, Bonham, TX 75418 (MLS# 21197254) is a Lots/Land property with a lot size of 45.627 acres. 45.62 Acres S Hwy 78 is currently listed for $995,000 and was received on April 13, 2026. Want to learn more about 45.62 Acres S Hwy 78? Do you have questions about finding other Lots/Land real estate for sale in Bonham? You can browse all Bonham real estate or contact a Coldwell Banker agent to request more information.

