1927 E Fm 1550, Bonham, Texas, 75418
$99,500
1,264 Sqft
1.46 Acres
3 bd
1 ba
#21417760
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.
PROPERTY FEATURES
- Vegetation : Cleared
- Utilities : City Sewer,Propane,Well
- Parking Features: Driveway,Other
- Patio And Porch Features : Covered,Deck
- Lot Features : Acreage,Cleared,Corner Lot,Few Trees,Lrg. Backyard Grass
- Lot Features : Composition
- Architectural Style : Traditional
- Structural Style : Single Detached
- Cooling: Wall/Window Unit(s),Window Unit(s)
- Heating : Central,Electric,Propane
- Construction Materials: Siding
- Foundation Details: Pillar/Post/Pier
- Interior Features: Built-in Features,Cable TV Available
- Appliances : Disposal
- Flooring : Carpet,Tile,Wood
- LaundryFeatures : Dryer Hookup,Washer Hookup
- Levels : One
- Green Verification Count : 0
- Title Company Preferred: Clever Title - Noelia
PROPERTY DETAILS
ID: 21417760
Status: Active
Price: $99,500
Acres: 1.46 Acres
Price Per Acre: $68,104
Type: Single Family / Detached
Address: 1927 E Fm 1550
City, State: Bonham, Texas
County: Fannin
Zip Code: 75418
Lat/Long: 33.509273, -96.093211
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