101 Smith Street Unique opportunity on approximately 1.5 acres at the end of a quiet dead end road in Bonham, Texas. Surrounded by mature trees and offering a peaceful setting, this property is ideal for buyers seeking a future homesite, investment opportunity, or place to build. The property includes two existing shops, with the larger shop already equipped with electricity, providing immediate utility for storage, workshop space, or future projects. The acreage offers plenty of room for a new construction project while maintaining privacy and a country feel. Please note that no interior access to the home will be provided. The existing house is considered a full remodel or potential tear down, with the primary value being in the land, location, and improvements already in place. The lot is scheduled to be cleared prior to closing, creating a clean slate for future plans. A portion of the property is located within a flood zone. Buyers are encouraged to perform all desired due diligence regarding floodplain, utilities, zoning, building requirements, and future use. If you're looking for acreage, mature trees, existing shop space, and a great building site opportunity in Bonham, this property deserves a look.