The Bonham Economic Development Corporation (BEDCO) revealed more details about the proposed Powder Creek Ranch. The 400-acre mixed-use development, located near the intersection of Sam Rayburn Highway (State Highway 121) and State Highway 56 in southwest Bonham, will feature a mix of residential, commercial and recreational offerings.

Powder Creek Ranch will be developed across seven phases through 2035, ultimately including approximately 3,000 new homes, featuring a mix of single-family residences, townhomes, build-to-rent units and multifamily options.

The initial phase will include 205 multifamily units and a blend of single-family and build-to-rent homes. Future phases will introduce retail, restaurant and office space, along with public parks, trail systems and open spaces that enhance community walkability and long-term property value.

Powder Creek Ranch sits 40 minutes from McKinney and 30 minutes from both Sherman and Paris.