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Fannin, US
Corner lot • 0.3 acres • Infill Development Opportunity • Investment or Redevelopment • Utilities on Site
0.3-acre corner parcel in Bonham positioned for residential infill development or investment redevelopment. Existing 1910 structure (2 bed, 1 bath, approx. 1,124 sq ft) and detached barn are in advanced disrepair and are not safe for entry—property is being offered at lot value with all improvements conveying as-is. No interior access or showings permitted.
Corner positioning allows multiple access points and flexible site planning for new construction, including potential for single-family build, spec home, or long-term hold. Lot size and layout support redevelopment potential with room for new footprint, driveway access, and yard space. Opportunity for new construction resale, build-to-rent, or portfolio addition.
Utilities are present on site (water, electric, sewer—buyer to verify), which may reduce upfront development costs and support faster project timelines. Existing infrastructure may benefit builders and investors seeking infill lots, teardown opportunities, or entry-level development projects.
Located within Bonham city limits with proximity to established neighborhoods, downtown Bonham, local retail, and dining. Positioned approx. 1.0 mile to Bonham Square and approx. 1.0 mile to US-82 for regional access.
Offered at a price point adjusted for demolition and site cleanup, creating an opportunity for builders, investors, and developers targeting new construction, rental build strategies, or resale projects.
Buyer to verify all information including zoning, utilities, permits, and building requirements.
Courtesy Of: HBL, Realtors
Feature Highlights
- Dining Room
- Family Room
General Features
- Garage:
- On Street
Public Schools
- School District:
- Bonham ISD
- Elementary School:
- Evans
- Jr High School:
- Rather
- High School:
- Bonham
Interior Features
- Beds Total:
- 2
- Interior Features:
- Natural Woodwork
- Room Count:
- 3
- Baths Full:
- 1
- Number Of Dining Areas:
- 1
- Number Of Living Areas:
- 1
Exterior Features and Amenities
- Parking Features:
- On Street
- Subdivision Name:
- J P Simpson
- Roof:
- Shingle
- Lot Size Units:
- Acres
- Lot Size Area:
- 0.3000
- Lot Size:
- Less Than .5 Acre (not Zero)
Utility Information
- Utilities:
- All Weather Road,Cable Available,City Water,Electricity Available,Natural Gas Available,Sewer Available
Financial
- Tax Legal Description:
- Abst A1018, A1018 J P SIMPSON
- Transaction Type:
- For Sale
Other Features
- Parcel Number:
- R000083596
- Possession:
- Closing/Funding
- Special Notes:
- Aerial Photo
- Structural Style:
- Single Detached
- Construction Materials:
- Wood
- Will Subdivide:
- No
Directions
Take US-82 E to State Hwy 121 S, take a right. Left on W 7th St. House will be on the right - Corner of W 7th St and Thomas St. Look for sign in yard.
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Data last updated: 2026-04-10.
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