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Tract 5 FM-1550, Bonham, TX 75418

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For Sale

$260,000

11 acres

Estimated Payment

$ 1,335 /mo. †

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 11 acres
    Lot size

Explore this Property

Enjoy peaceful, country living, close to Lake Bonham on 11 acres of beautiful land. Trees, pastures, and privacy. Frontage road & electricity hook up available. No HOA!
MLS# 20782101

Courtesy Of Keller Williams Realty - Allen, Listed By Taffney Wilson

(972) 747-5100

Property Features

  • Architecture Style
    Other
  • Lot Size
    11 Acres

Map and Directions

Directions to Tract 5 FM-1550, Bonham, TX 75418

Home seller CENTURY 21 Harvey Properties

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CENTURY 21 Harvey Properties

(903) 583-3188
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Mortgage Calculator

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Loan Term
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$ /year
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Monthly Payment Breakdown

  • Principle and Interest
    $1,335
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,335

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Finley-oates Elementary School

Grades KG-3 Public School

Bonham, TX 75418 7.2 miles
1901 albert broadfoot st

521 total students
14:1 Student teacher ratio

School Rating: D

School Details

Evans Elementary School

Grades 4-6 Public School

Bonham, TX 75418 6.5 miles
1300 n main st

374 total students
13:1 Student teacher ratio

School Rating: C

School Details

Rather L H

Grades 7-8 Public School

Bonham, TX 75418 6.5 miles
1201 n main st

258 total students
12:1 Student teacher ratio

School Rating: D

School Details

Bonham High School

Grades 9-12 Public School

Bonham, TX 75418 7.2 miles
1002 war path st

494 total students
12:1 Student teacher ratio

School Rating: D+

School Details
Other Nearby Schools Distance Type Grades School Rating
Dodd City School 5.2 miles Public PK-12 B+

Dodd City School

Distance: 5.2 miles

Type Public

Grades: PK-12

B+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Bonham, TX 75418

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Bonham, TX 75418

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are below the national average.

95° August
Hottest Average Month
31° January
Coldest Average Month
5,150 Total Households in Area
5.1% Increase in population since the year 2010
27.9%
of households
have children
28 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Bonham, TX 75418

Bonham, TX 75418 has a population of 15,322 people in 5,150 households with a median age of 41.9 years old.

5.1%
Increase in population
since the year 2010
Population is Trending up
4,789
Total households as of 2010
6.6%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 41.9 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 73%
Hispanic 15%
Black 11%
Other 7%
Native American 1%
Asian <1%
The most prevalent ethnicity is White at 73%, followed by Hispanic at 15%, Black at 11%, and Other at 7%.

Economics
for Bonham, TX 75418

108 /sq mi
Population Density
$54,516 /yr
Median Household Income
$270,145
Median Sales Price
28 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.61% of the households.

Transportation to Work

  • Drive 84%
  • Work from Home 10%
  • Walk or Bike 4%
  • Public Transit 2%

Occupancy by Type

Owned 3,476 60%
Rented 1,675 29%
Vacant 620 11%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Family & Education Facts
for Bonham, TX 75418

41.9 Median Age

Average Household Size

2.4
persons per
household

45.6%

Married Households

Community Population By Education

High School Graduate 36%
Some College 24%
Some High School 15%
Bachelors Degree 11%
Graduate Degree 8%
Associates Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 35.66% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.9% of households have children

Weather
for Bonham, TX 75418

The weather for this area ranges from a high of 95° F in August to a low of 31° F in January

95° August
Hottest Average Month
31° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
31°
53°
Feb
35°
58°
Mar
42°
66°
Apr
52°
75°
May
60°
82°
Jun
68°
90°
Jul
72°
95°
Aug
71°
95°
Sep
64°
88°
Oct
53°
78°
Nov
42°
65°
Dec
34°
56°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Bonham, TX 75418!
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Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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