For sale

$99,500

1927 E Fm 1550, Bonham, TX 75418

3beds

1,264sqft

$766/mo

Get pre-qualified

Single Family Residence

Built in 1937

1.46 Acres Lot

$-- Zestimate^®

$79/sqft

$-- HOA

What's special

Spacious corner lotNewer exterior sidingPeaceful country setting

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.

4 days
271
38

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First
Dimensions: 1 x 1

Bedroom

Level: First
Dimensions: 1 x 1

Bedroom

Level: First
Dimensions: 1 x 1

Dining room

Level: First
Dimensions: 1 x 1

Kitchen

Level: First
Dimensions: 1 x 1

Living room

Level: First
Dimensions: 1 x 1

Heating

Central, Electric, Propane

Cooling

Window Unit(s), WallWindow Unit(s)

Appliances

Included: Disposal
Laundry: Washer Hookup, Dryer Hookup

Features

Built-in Features, Cable TV
Flooring: Carpet, Tile, Wood
Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 1,264 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Driveway, Other

Features

Levels: One
Stories: 1
Patio & porch: Covered, Deck
Pool features: None

Lot

Size: 1.46 Acres
Features: Acreage, Back Yard, Cleared, Corner Lot, Lawn, Few Trees
Residential vegetation: Cleared

Details

Parcel number: 000000084675

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional,Detached
Property subtype: Single Family Residence

Materials

Foundation: Pillar/Post/Pier
Roof: Composition

Condition

Year built: 1937

Utilities & green energy

Sewer: Public Sewer
Water: Well
Utilities for property: Propane, Sewer Available, Water Available, Cable Available

Community & HOA

Community

Subdivision: T Toby

HOA

Has HOA: No

Location

Region: Bonham

Financial & listing details

Price per square foot: $79/sqft
Tax assessed value: $101,410
Annual tax amount: $1,025
Date on market: 10/30/2026
Cumulative days on market: 5 days
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,497/mo

Price history

Date	Event	Price
10/30/2026	Listed for sale	$99,500$79/sqft
Source: NTREIS #21417760 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$234 +2.5%	$75,440 +10%
2024	$228	$68,582 +10%
2023	--	$62,347 +10%
2022	--	$56,679 +13.8%
2021	$237 +1.7%	$49,808 +10%
2020	$233 +10.1%	$45,280 +8.7%
2019	$212 +12.3%	$41,646 +10%
2018	$189	$37,860 +0.4%
2017	--	$37,700 +3.8%
2016	--	$36,330 +36.1%
2015	--	$26,690 +3.4%
2014	--	$25,820 -39.1%
2012	--	$42,400
2011	--	--
2010	--	--
2009	--	--
2008	--	--
2007	--	$29,600