Need a little space, but want to stay close to town? Then check out this one acre corner lot that is a few minutes outside of Bonham. Property is located in a newly developed subdivision close to Lake Bonham. Contact the City of Bonham for cost to connect to water and contact Fannin Electric for cost to connect to electricity. ** Building Regulations: Minimum 1,000 Sq. Ft. living area, excluding porches, patios, and garages; minimum one-car garage; no manufactured or mobile homes. Land will be transferred by signing a 99 year Lot Lease Agreement with the City of Bonham.