1500-1510 Albert Broadfoot St, Bonham, TX 75418
- $139,000
- List Price
- $139,000
- Status
- ACTIVE
- MLS#
- 21204740
- Lot Size
- 41,382
Property Description
Amazing opportunity to own a multi-family zoned spacious lot in the heart of Bonham, TX. This nearly 1-acre lot would be an excellent location to build an apartment complex, a series of duplexes, or even multiple cash-flowing quadplex buildings. The seller currently has approval from the City of Bonham for a 6-duplex development. This property offers electric, water, and sewer on the street adjacent to the lot. The property is not located in a flood zone and is within walking distance of two schools in the area. The lot could potentially accommodate approximately 15 apartment units, 12 quadplex units, 12 duplex units, or a collection of build-to-rent single-family homes. With the ongoing growth and infrastructure expansion from Collin County into Fannin County, this property is well positioned for future development and investment.
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Additional Information
- School District
- Bonham Isd
- Elementary School
- Finleyoate
- High School
- Bonham
- Sewer
- Public Sewer
- Street Name
- Albert Broadfoot St
- Street Number
- 1500-1510
- Water
- Public
- Acres
- 0.95
- County
- Fannin
- Lot Description
- Cleared, City Lot
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Listing courtesy of Jim Glynn from JG Real Estate, LLC. Contact: 817-896-7990