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$85,000

NAL Estimated Property Value

TBD County Rd 1120, Bonham, TX, 75418

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

This 5-acre treasure, located in the heart of northern Fannin County, is a diamond in the rough waiting for your vision. Situated on a paved county road, this property boasts a serene setting near the Red River, with the picturesque Cottonwood Creek meandering through its grounds. Nature enthusiasts will be captivated by the rich variety of trees gracing this wooded haven, offering not only scenic beauty but also a thriving wildlife habitat for observation. The creek's presence adds an extra layer of allure, inviting exploration of its banks for arrowheads and other hidden treasures. As an added bonus, the seller is open to considering owner financing, making this opportunity even more accessible for those eager to claim their own slice of rustic paradise. Whether you dream of building your secluded retreat or simply crave a nature-filled escape, this property promises endless possibilities. Don't miss your chance to own this enchanting 5-acre haven in northern Fannin County!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$510 /month
Positive
Cash Flow Estimate:
$170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bonham

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TBD County Rd 1120 | Property Details | No Agent List