17 days on rocket

TBD E Fm 1550, Bonham, TX, 75418

$585,000

66.69 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #20613204
Lot Size66.69 Acres
StatusActive

About TBD E Fm 1550

Great opportunity for a great investment, recreation of future residential property located between the two new lakes in Fannin County. Located just about 10 miles south of the boat ramp at the newly opened Bois d'Arc Lake and less than 8 miles to the under construction Ralph Hall Lake, this property is well positioned in the growing Fannin County market. The property has approximately 4000 feet of paved FM and gravel county road frontage. There are 3 small tree lined feeder creeks. The property currently has an agricultural tax exemption is is well suited for grazing pasture, farming or hay production. The Seller is offering seller financing to qualified buyers.

Property Details

Property Features

Listing Office:

  • Office Name: Bois d'Arc Realty, Inc.
  • Office Phone: (903) 364-2700
  • Listing Agent: Bruce Roberts

Virtual/3D Tour

  • Virtual Tour: TBD E Fm 1550

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Lot Features

Lot Information:

  • Lot: Agricultural, Corner Lot, Pasture, Few Trees
  • Lot Size: 66.69 Acres

School Info

Assigned Schools Information:

  • Bonham High School, Public District Grades 9-12
  • Rather L H, Public District Grades 7-8
  • Evans Elementary School, Public District Grades 4-6
  • Finley-Oates Elementary School, Public District Grades KG-3

Other

Directions Information:

  • Directions: From FM 271, go east on FM 1550 2..3 miles to property on right at the southeast quadrant of FM 1550 and CR 3310. Property is on FM 1550 just 200 feet east of the intersection of FM 1550 and FM 2077 if coming from the north.

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
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Housing Market Comparison

See how this home compares to others in Bonham, TX.

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Bonham, TX

City

Med. List Price

$235K

Med. Price/SqFt

$155

Avg. Days On Market

94

# of Sold Homes

9

TBD E Fm 1550 vs Bonham

17 DAYS ON ROCKET

-77 Days

$585,000

+$350K More

KEY TAKEAWAY

This property is $350K more than the Median List Price in Bonham, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20613204

Listing Office:

  • Office Name: Bois d'Arc Realty, Inc.
  • Office Phone: (903) 364-2700
  • Listing Agent: Bruce Roberts

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/28/2024, 4:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3799064
2
/10

  • Finley-Oates Elementary School

  • 1901 Albert Broadfoot St

  • 8.59 miles

  • Public District Grades KG-3

Middle School

school-card-donut-3799065
4
/10

  • Rather L H

  • 1201 N Main St

  • 7.81 miles

  • Public District Grades 7-8

school-card-donut-3799066
5
/10

  • Evans Elementary School

  • 1300 N Main St

  • 7.84 miles

  • Public District Grades 4-6

High School

school-card-donut-3799067
4
/10

  • Bonham High School

  • 1002 War Path St

  • 8.60 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,196. The majority of Bonham, TX residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBD E Fm 1550

What is the listing price of this property?

The listing price of TBD E Fm 1550 property is $585,000.

What type of property is this?

The property TBD E Fm 1550 is land located in Bonham, Texas, 75418.

Is this property for sale now?

Active Listing: TBD E Fm 1550 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for TBD E Fm 1550 are:
Finley-Oates Elementary School: GreatSchools Rating 2/10
Rather L H: GreatSchools Rating 4/10
Evans Elementary School: GreatSchools Rating 5/10
Bonham High School: GreatSchools Rating 4/10

How much acreage is this property?

The property TBD E Fm 1550 is 66.69 acres.
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Rocket Homes›Texas›Fannin County›Bonham›75418›TBD E Fm 1550

This home is located at TBD E Fm 1550 in Bonham, TX and zip code 75418. This home sits on a 66.69 acre lot. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $585,000.

The number of homes for sale in Bonham, TX increased by 5.5% between March 2024 and April 2024. Listings spent 94 days on the market in April 2024, and had a median list price of $235,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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