This buildable 1.23 acre lot right outside of Bonham is located in the newest subdivision development on Lake Bonham. Water and electricity are readily available. There are minimal 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. There is a $200 buyer fee paid to the City of Bonham to transfer the lot lease. - Example Lease Agreement is attached in the documents.