10.889 Acres – Prime Development Opportunity in the Heart of Bonham Positioned in the center of Bonham’s growth corridor, this 10.889-acre tract offers exceptional potential for residential development. With frontage on both Highway 78 and Island Bayou Road, the property provides convenient dual access points ideal for future subdivision design. A 12-inch city water line runs along Island Bayou, supporting infrastructure for new homes. Currently located within a floodplain, this site presents an excellent opportunity for a developer ready to elevate and build—transforming a centrally located parcel into a new neighborhood just minutes from downtown amenities, schools, and new commercial expansion. Bring your vision to life in one of North Texas’ fastest-growing small towns—Bonham, Texas—where community investment and development are thriving.