New Listing
$99,500
 $565 est/mo Sourced by Back At You

1927 E Fm 1550,Bonham, TX 75418

Bonham, TX 75418

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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.

Details

MLS #21417760
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1937
Days On Site4
Listing Provided ByEXP REALTY | Brittany Stewart

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,264
Story(s)1
Acreage1.46

Interior

Room Count6
CoolingWall/Window Unit(s), Window Unit(s)
HeatingCentral, Electric, Propane
Interior FeaturesBuilt-in Features, Cable TV Available
AppliancesDisposal

Exterior

RoofComposition
Construction MaterialsSiding
Foundation DetailsPillar/Post/Pier
Lot FeaturesAcreage, Cleared, Corner Lot, Few Trees, Lrg. Backyard Grass

Parking

Garage Yn0
Attached Garage Yn0
Parking FeaturesDriveway, Other

Utilities

UtilitiesCity Sewer, Propane, Well

Taxes

Unexempt Taxes1025
Tax Legal DescriptionA1130 T TOBY, ACRES 1.461

Area Information

StateTX
CountyFannin
CityBonham
Zip Code75418
AreaFannin
Community NameT TOBY
School DistrictBonham ISD
Elementary SchoolEvans
High SchoolBonham
Listing VS Median (in T TOBY)
Price:
$99,500
low | high
Med:
$99,500
50% of Average
sqft:
1,264
low | high
Med:
1,264
50% of Average
$ / sqft:
$79
low | high
Med:
$79
50% of Average
On site:
4
low | high
Med:
4
100% of Average
Sourced by Back At You

Market Activity 75418

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyFannin
CityBonham
Zip Code75418
AreaFannin
Community NameT TOBY
School DistrictBonham ISD
Elementary SchoolEvans
High SchoolBonham
Listing VS Median (in T TOBY)
Price:
$99,500
low | high
Med:
$99,500
50% of Average
sqft:
1,264
low | high
Med:
1,264
50% of Average
$ / sqft:
$79
low | high
Med:
$79
50% of Average
On site:
4
low | high
Med:
4
100% of Average
Sourced by Back At You
Listing Updated: October 31, 2026 at 1:46:37 PM PDT