1927 E Fm 1550
Bonham, Texas 75418-7329

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.