1541 S State Highway 121, Bonham, TX, 75418
About This Home
7.39 Acres of Unlimited Potential – Just Outside Bonham, TX! No Zoning • No City Taxes • Endless Possibilities Discover the freedom to build your vision on this 7.39-acre tract of prime real estate, located less than a mile from the thriving city of Bonham, Texas. Enjoy the advantages of being outside city limits—no zoning restrictions and no city taxes—giving you the flexibility to bring virtually any project to life. Fannin County is booming, fueled by two new lakes—Bois d'Arc Lake and Lake Ralph Hall—that are driving growth, investment, and demand across the region. Perfectly positioned just 45 minutes northeast of DFW, 35 minutes west of Paris, and 30 minutes east of Sherman, this property sits at the center of North Texas opportunity. The land itself is level and ready to build, offering excellent highway frontage, three curb cuts/driveways for ingress and egress, and gravel drives with ample parking. A 1,900 sq. ft. metal building (heated and cooled) with a 600 sq. ft. porte cochere adds valuable utility and versatility—ideal as an office, shop, or operations hub. Property Highlights: 7.39 acres of unrestricted land — no zoning, no city taxes Excellent highway frontage with three curb cuts Gravel drives and parking already in place 1,900 sq. ft. metal building on slab, heated and cooled 600 sq. ft. porte cochere for covered access or storage Level topography ideal for development Rapidly growing area near new Bois d'Arc & Lake Ralph Hall projects Easy access to Bonham, Paris, Sherman, and the DFW Metroplex Ideal Uses:RV or mobile home park | Construction yard | Automotive | Distribution | Nursery & landscape | Manufacturing | Retail | Mini storage | Warehouse | Wholesale | Mixed-use Bring your ideas, equipment, and ambition — this property is your blank canvas for growth and success!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Other
Property
Lot
- Lot size: 7.39 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Drought
- Hail
- Heat Wave
- Ice Storm
- Strong Wind
- Cold Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,665 | $43,980 |
| Home Insurance * | $865 | $10,380 |
| Property Taxes | $519 | $6,228 |
| Electricity | $238 | $2,859 |
| Total | $5,287 | $63,444 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-10 | Listed for sale | $725,000 |
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