Discover a rare opportunity to own a remarkable 39+- acres of wooded, rugged, waterfront property featuring stunning panoramic views. Nestled on the shores of Bonham Lake, this land boasts large mature oak trees, rolling terrain, and water access on three sides, making it an ideal setting for exploration and hiking. Whether you envision creating your own private oasis or developing a master-planned community, this property offers endless possibilities. Conveniently located just outside Bonham, you'll enjoy the tranquility of nature while being less than 15 minutes away from shopping, schools, and restaurants. Don't miss this chance to make your dreams a reality. ...................Utility providers are City of Bonham for Water and Fannin Electric for Electricity. Buyers are responsible to verify all cost for development and services. Based on the flood map the majority of the land is in a flood zone. Land will be conveyed pursuant to signing a 99 year lease with the City of Bonham. The City will require the execution of new leases upon the transfer of any portion of the leased property. The City of Bonham has the right to reject all offers. .........Bonham Lake was built in the late 70's, is approximately 1,200 acres and offers, boating, fishing, swimming and camping.