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$99,500

1927 E Fm 1550, Bonham, TX 75418

3 bd 1 ba 1,264 sq ft House · Built 1937

Price / sq ft$79
Lot1.46 acres
Built1937
Stories1
HeatingCentral, Electric, Propane
CoolingWindow Units, Wall Window Units
SchoolsBonham ISD
ElementaryEvans
SubdivisionT TOBY
MLS #21417760
Est. $746/mo · 7.24% · 20% down What rate do you qualify for? Find out Own a home near Bonham?Free estimate from nearby sales, in 30 seconds. Estimate

About this home

INVESTOR SPECIAL! 1.5 ACRES UNDER $100K! Bank evaluated property for $245k in 2025! Incredible opportunity to own a 3-bedroom home situated on approximately 1.5 acres on a spacious corner lot in Bonham! Offering plenty of room between neighboring properties, this property provides a peaceful country setting with endless possibilities. The home is ready for cosmetic updates but features a NEW ROOF installed in 2023 and newer exterior siding, providing a great starting point for your next project. Multiple outbuildings offer additional space for storage, hobbies, or workshop possibilities. Conveniently located near Bonham State Park, enjoy the charm of North Texas country living while remaining close to shopping, dining, and local amenities. Whether you're an investor searching for your next renovation project or a buyer looking to create your own country retreat, this property offers exceptional potential. Propane tank is leased from McCraw Propane.

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Features

  • Inside: Built In Features, Cable Tv
  • Appliances: Disposal
  • Parking: Driveway, Other
  • Laundry: Washer Hookup, Dryer Hookup

Where it is

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Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.