1927 E Fm 1550, Bonham, TX 75418
Local realty services provided by:ERA Newlin & Company
Listed by: brittany stewart, mik messer
Office: exp realty
MLS#:21417760
Source:GDAR
Price summary
- Price:$99,500
- Price per sq. ft.:$78.72
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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Home facts
- Year built:1937
- Subdivision & Development:T TOBY
- Listing ID #:21417760
- Added:4 day(s) ago
- Updated:November 04, 2026 at 02:13 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Tile, Wood
- Kitchen Description:Disposal
- Living area:1,264 sq. ft.
Heating and cooling
- Cooling:Wall Window Units, Window Units
- Heating:Central, Electric, Propane
Structure and exterior
- Roof:Composition
- Year built:1937
- Building area:1,264 sq. ft.
- Lot area:1.46 Acres
- Lot Features:Acreage, Cleared, Corner Lot, Few Trees, Lawn
- Architectural Style:Traditional
- Foundation Description:Pillar Post Pier
- Levels:1 Story
Schools
- High school:Bonham
- Middle school:Rather
- Elementary school:Evans
Utilities
- Water:Well
Finances and disclosures
- Price:$99,500
- Price per sq. ft.:$78.72
- Tax amount:$1,025
Features and amenities
- Appliances:Disposal
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