Paragon Realtors Real Estate

1500-1510 Albert Broadfoot StreetBonham, TX 75418Price: $139,000

  • Price: $139,000
  • Est. Mortgage of $/month
  • 72 Days on Market
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $139,000List Price
  • 0.95Acreage

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Listed by Jim Glynn of JG Real Estate,LLC (817-896-7990)
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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Based on information submitted to North Texas Real Estate Information Services as of May 22, 2026 3:09 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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