S Highway 121, Bonham, TX 75418
Property image
Property image
FOR SALE
3D VIEW
32.24 ACRES

S Highway 121
Bonham, TX 75418

    $1,450,000

    Est. Mortgage $8,698/mo*
    Get Pre-Qualified

    $1,450,000

    Est. Mortgage $8,698/mo*
    Get Pre-Qualified
    (on 32.24 acres)

    Local Information

    • Map ViewExplore the area around S Highway 121.
    • Schools2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Description

    Endless possibilities await with this exceptional 32.243-acre property offering investment, residential, recreational, agricultural, and commercial potential. Situated on Hwy 121, a major connecting highway from Bonham to McKinney, this property is perfectly positioned just 3.4 miles southwest of Bonham, 36 miles to McKinney, and 69 miles to Dallas, making for an easy commute while being located in an area of continued growth and development. The property's location just South of Lake Bonham and Southwest of Bois d'Arc Lake create additional opportunities for future commercial ventures, tourism-related uses, or a private retreat. With approximately 1,597 feet of frontage on Hwy 121 and a striking electric, wrought-iron gate, the property offers both excellent visibility and a beautiful entrance. The land is situated on two parcel ID's. It is fenced and cross fenced featuring 29.5 acres of gorgeous pasture with the perfect mix of open grazing land and mature trees, making it ideal for cattle or equine production, hunting, recreation, or a private homesite! One of the standout features of the back acreage is the beautiful-stocked lake, offering fishing and year-round enjoyment. Build your dream home atop the hill overlooking the stunning lake and take in the peaceful views of the surrounding countryside. The front parcel ID contains 2.7 acres with a Commercial office building, offering private offices, lobby area for receptionist, and a half bath and storage room. Whether you're looking for a personal ranch, recreational getaway, future commercial investment, or a property with room to grow, this one truly offers endless possibilities!

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    A/C
    Heating & Cooling
    HOA
    None
    Price/Sqft
    No Info
    Listed
    3 days ago

    Home Details for S Highway 121

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Electricity Connected, Overhead Utilities, Separate Meters, Water Available
    Heating & Cooling
    Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central

    Exterior Features

    Exterior Home Features
    Fencing: Barbed Wire, Cross Fenced, Wrought IronVegetation: Partially WoodedOther Structures: Other, Barn(s)Exterior: Storage
    Frontage
    Road Frontage: Highway, All Weather RoadRoad Surface Type: AsphaltNot on Waterfront
    Farm & Range
    Horse Amenities: Barn, Loafing Shed

    Days on Market

    Cumulative Days on Market: 6Days on Market: 3

    Property Information

    Year Built
    Year Built: 2002
    Property Type / Style
    Property Type: LandProperty Subtype: Improved Land
    Property Information
    Usage of Home: Agricultural, Cattle, Commercial, Development, Grazing, Horses, Hunting, Investment, Livestock, Mixed Use, Other, Pasture, Ranch, Residential, Single FamilyParcel Number: R000075801

    Price & Status

    Price
    List Price: $1,450,000
    Status Change & Dates
    Possession Timing: Negotiable

    Active Status

    MLS Status: Active

    Media

    Location

    Direction & Address
    City: BonhamCommunity: None
    School Information
    Elementary School: FinleyoateElementary School District: Bonham ISDJr High / Middle School: RatherJr High / Middle School District: Bonham ISDHigh School: BonhamHigh School District: Bonham ISD

    Agent Information

    Listing Agent
    Listing ID: 21309952

    HOA

    No HOA

    Lot Information

    Lot Area: 32.243 Acres

    Offer

    Listing Terms: Cash, Conventional, 1031 Exchange

    Miscellaneous

    Mls Number: 21309952Living Area Range Units: Square FeetAttribution Contact: 972-396-9100
    Last check for updates: about 3 hours ago
    Listing courtesy of Joanna Arnwine 0539674, (972) 396-9100
    RE/MAX Four Corners, 972-396-9100
    Hailey Alexander 0785729, (903) 456-9021
    RE/MAX Four Corners, (972) 396-9100
    Source: NTREIS, MLS#21309952
    Also Listed on NTREIS.

    Market trends in Bonham

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    113
    7    MoM

    Price History for S Highway 121

    DatePriceEventSource
    06/30/2026$1,450,000Listed For SaleNTREIS #21309952

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    Comparable Sales for S Highway 121

    Address
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    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    417 County Road 4200, Bonham, TX
    0.56
    Lot/Land
    -
    08/29/25
    -
    -
    203 Smith St, Bonham, TX
    0.52
    Lot/Land
    -
    02/09/26
    -
    -
    Lot Two Smith St, Bonham, TX
    0.53
    Lot/Land
    -
    02/09/26
    -
    -
    Lot Three Smith St, Bonham, TX
    0.53
    Lot/Land
    -
    02/09/26
    -
    -
    717 S 4th St, Bonham, TX
    0.70
    Lot/Land
    -
    04/15/26
    -
    -
    W FM 274, Bonham, TX
    1.27
    Lot/Land
    -
    04/09/26
    -
    -
    FM 3221, Bonham, TX
    1.27
    Lot/Land
    -
    12/11/25
    -
    -
    120 S 5th St, Bonham, TX
    1.06
    Lot/Land
    -
    12/10/25
    -
    -
    505 S Main St, Bonham, TX
    1.10
    Lot/Land
    -
    12/10/25
    -
    -
    1321 Cedar St, Bonham, TX
    1.39
    Lot/Land
    -
    10/09/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for S Highway 121.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Bonham

    At least 46 Trulia users voted on each feature.

    • 90 % Say yards are well-kept

    • 89 % Say parking is easy

    • 89 % Say car is needed

    • 85 % Say there's holiday spirit

    • 71 % Say it's dog friendly

    • 68 % Say it's quiet

    • 64 % Say kids play outside

    • 53 % Say neighbors are friendly

    • 52 % Say people would walk alone at night

    • 50 % Say it's walkable to grocery stores

    • 50 % Say there's wildlife

    • 50 % Say it's walkable to restaurants

    • 47 % Say they plan to stay for at least 5 years

    • 38 % Say there are sidewalks

    • 19 % Say streets are well-lit

    • 17 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Robbie Jackson
      "It’s important to know you have to drive 1+ hrs to do any activities other than school sports or lake visits. The traffic to commute to the metroplex has significantly increased the last few years. Most people are friendly but keep to themselves. People do not pick up after pets & it’s gross. There are a few parks but they’re older. Parks really need to be updated. Restaurants come & go quickly here. There are a few that have stood the test of time though.You have two grocery options here. Most shop outside of town for groceries, clothing, etc."
      2
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    • Kcwebb
      "The street in front of my house is very very busy with tractor trailers driving on it all day long it would be very scary for children"
      0
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    • Hannah C.
      "the schools are terrible and there are drugs and drug users throughout the town. just a sad, run down, poor poor place."
      0
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    • Candace C.
      "Bonham is special to me because of my family, but I wouldn’t live here if I had the money to move. In bonham, you can walk most everywhere (I did), and I felt safe. "
      10
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    • Lynne N.
      "They have parades and a rodeo and Christmas and many nice events and a senior lunch shooing like Brahms and Dairy Queen and brookshires and Wallmart and the like"
      4
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    • Texstarr46
      "We are in the country with acreage. Bonham is a lake city. It’s a growing city due to the Bois d’Arc Reservoir being created."
      0
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    • Timothy W.
      "people are always walking there dogs here. and kids are out playing all the time it's really quite "
      1
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    • Krystal H.
      "Near the lake there are often dogs running loose and speeding vehicles on the main lake road. People generally keep to themselves. It’s a very politically conservative area and often there are only republican candidates for local positions. The public schools are large but still value their students and their families. "
      0
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    • Hollysantos8686
      "It’s an overall safe area with a nice vibe and great schools and kids activities. We are an open arms community overall"
      4
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    • Unspecified
      "Peaceful, beautiful flowers and trees and just always gives you that feeling of no place like home. "
      1
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    • maxout2
      "We spend weekends up on Lake Bonham. The dogs and the kids love it. This has all the excellent features of country and lakeside living in under 1 hour away from the Dallas suburbs. The fishing on the lake is outstanding and most tourist boaters bypass this place for Texoma so it is very peaceful even on the weekends."
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    • kgunlock
      "Bonham has everything available for daily living. Great community and close to large city benefits. Bonham has good restaraunts and shoppng for every need. Good schools and friendl living. Sherman is 25 minutes away for anything you need or could want. This area is beautiful!"
      0
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    LGBTQ Local Legal Protections

    Joanna Arnwine, RE/MAX Four Corners, 972-396-9100
    Agent Phone: (972) 396-9100
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
    S Highway 121, Bonham, TX 75418 is a lot/land built in 2002. This property is currently available for sale and was listed by NTREIS on Jun 30, 2026. The MLS # for this home is MLS# 21309952.