1927 E Fm 1550, Bonham, TX 75418

$99,500
3
BD
1
BA
1,264
SqFt

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List Price
$99,500
MLS#
21417760
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional, Detached
Year Built
1937
Bedrooms
3
Bathrooms
1
Acres
1.46
Living Area
1,264
County
Fannin
City
Bonham
Subdivision
T TOBY

Property Description

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.

Additional Information

Unexempt Taxes
$1,025
Lot Size
63,641
Lot Description
Back Yard, Cleared, Corner Lot, Lawn, Few Trees
Interior Features
Cable TV
Flooring
Carpet, Tile, Wood
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
1
Pool Features
None
Parking Garage
Driveway, Other
School District
Bonham Isd
Elementary School
Evans
Middle School
Rather
High School
Bonham
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Brittany Stewart from EXP REALTY. Contact: 469-712-4888

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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