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$1,100,000 Just Listed
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Property Description
Situated in a prime location within the vibrant City of Bonham, Texas, this property is located at the intersection of Highway 121 and Highway 56 (W. Sam Rayburn Drive), extending all the way to W. 7th Street. This intersection ranks among the busiest in the county and is strategically positioned in a critical growth area. The majority of the growth is occurring along this corridor with major franchises popping up everywhere. If excellent exposure and easy access is what you are looking for, this property is it. Road frontage on three sides, (Hwy. 121, Hwy. 56 and W 7th Street) allows for many potential uses and opportunities. Bonham is conveniently located approximately 33 miles from Paris, 27 miles to Sherman, 10 miles to the Texas-Oklahoma Stateline, and an hour from the Dallas-Ft. Worth Metroplex.
Full Property Details
Full Property Details for 604 N Tx-121
General
- Price: $1,100,000
- Taxes: $7,758
- Status: Active
- Type: Commercial Land
- Source: NTREIS
- MLS ID: 21336824
- Updated: 7/21/2026
- Added to Site: 1 day(s) ago
Location
- County: Fannin
- Subdivision: NA
- Driving Directions: Intersection Hwy 56 and Hwy 121. From the intersection, go North and the property is on the West side of 121 all the way to W 7th Street.
School Information
- Elem School District: Bonham ISD
- Midd School District: Bonham ISD
- High School District: Bonham ISD
- Elementary School: Evans
- Middle School: Rather
- High School: Bonham
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Phone Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Other, Retail, Highway/Tourist Service
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 4.34
- Lot Size (Sq. Ft.): 189,050.4
- Frontage: City Street, Highway, State Road, Asphalt
- Lot Features: Acreage, Cleared, Corner Lot, Few Trees, City Lot
- Potential Use: Commercial, Development, Investment, Multi-Family, Mini Storage, Mixed Use, Place of Worship, Recreational, Retail, Highway/Tourist Service
- Land Lease Avail: Yes
- Zoning: Business District
Financial Considerations
- Tax Amount: $7,758
- Terms: Cash, Conventional, Contract, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: A1018 J P SIMPSON, ACRES 4.34
- Property ID: 83606
Listed by Keller Williams Legacy, Chad Stephens
Get Pre-Approved Today
Schools
Schools serving 604 N Tx-121
School District:Bonham Independent School District
| Name | Grades | Distance |
|---|---|---|
Evans Elementary School 1300 North Main Street, Bonham, TX 75418 | 4-6 | 0.9 mi |
Finley-Oates Elementary School 1901 Albert Broadfoot Street, Bonham, TX 75418 | K-3 | 0.9 mi |
Rather L High School 1201 North Main Street, Bonham, TX 75418 | 7-8 | 0.8 mi |
Bonham High School 1002 Warpath Drive, Bonham, TX 75418 | 9-12 | 0.7 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 604 N Tx-121
Date
Details
Price
Change
Source
7/20/2026
Listed
$1,100,000
—
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 604 N Tx-121
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,758
—
$464,850
16%
2024
$7,758
22%
$400,000
-18%
2018
$6,378
—
$490,250
16%
2018
$6,378
—
$422,760
41%
2018
$6,378
—
$300,000
15%
2018
$6,378
—
$260,000
4%
2018
$6,378
—
$250,000
-14%
2018
$6,378
100%
$290,000
3%
2014
100%
$280,860
—
2014
—
$281,290
—
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 604 N Tx-121
604 N Tx-121, Bonham, TX 75418 (MLS# 21336824) is a Commercial Land property with a lot size of 4.34 acres. 604 N Tx-121 is currently listed for $1,100,000 and was received on July 20, 2026. Want to learn more about 604 N Tx-121? Do you have questions about finding other Commercial Land real estate for sale in Bonham? You can browse all Bonham real estate or contact a Coldwell Banker agent to request more information.

