1500 Albert Broadfoot Street
Bonham, TX 75418
/ T E Kennedy Add
MLS ID# 20599714 Active
Unimproved Land
$129,900
Details for 1500 Albert Broadfoot Street, Bonham TX 75418
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. Seller currently has 6 duplex development approved with the City of Bonham. This property offers electric, water, and sewer on the street adjacent to the lot. The property is not in a flood zone and is within walking distance to two different schools in the area! This property could easily hold 15 apartment doors, 12 quadplex doors, 12 duplex doors or a collection of build-to-rent single family homes. With all the growth and infrastructure coming from Collin County to Fannin County, this property is primed for growth!
Features and Details
- Category Land
- Type Unimproved Land
- Area/Neighborhood T E Kennedy Add
- County Fannin
- Acreage 0.949 Acres
- MLS ID# 20599714
- Association Fee
- None
- Lot Features
- Few Trees
- Restrictions
- None
- Lot Sizee SqFt
- 41338.4400
- Utilities
- City Water, Sewer Available
- Zoning
- Have preliminary approval for 6 duplexes from City of Bonham