509 Lipscomb Street Bonham, TX $ 135,000
509 Lipscomb Street
$ 135,000
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509 Lipscomb Street

Bonham, TX, 75418
$ 135,000
Bedrooms2 Baths1.0 Sq 986

Monthly Estimate*

$ 842

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Single Family Home for sale in Bonham, TX

for $135,000 with 2 bedrooms and 1 full bath. This 986 square foot home was built in 1965 on a lot size of 0.173.

Reduced to sell! Welcome home to this solid 2 bedroom, 1 bath brick house, full of potential and primed for your personal touch. This home sits on a solid pier and beam foundation and has been well maintained over the years. It offers a strong structure and classic charm, making it an ideal investment property or starter home. Set on a generous lot in a quiet, established neighborhood, it maintains peace and privacy while staying close to everything that matters—great schools, quality healthcare, and easy access to shopping and main roads. Inside, you'll find central heat and air for year-round comfort, ample storage space, and a dining area open to the kitchen with plenty of natural light. Attached garage includes laundry hookups and offers potential for conversion into a third bedroom or expanded living space. Step outside to discover a shady backyard with mature trees and storage shed that adds both charm and functionality. With the community experiencing rapid growth, this well-kept home presents a prime opportunity in a highly desirable area—whether you're looking for your first home or a smart investment with room to grow. Solid bones, great potential, and an opportunity to add real value. Schedule your personal tour today.

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Single Family Pending

Price

$ 135,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,118

Style

Single Family Residence

Lot Size

0.173

Year Built

1965

Town/City

Bonham

County/Region

Fannin

MLS | Web ID

20975208

Features
Interior
Interior Features Built-in Features Cable TV Available Eat-in Kitchen
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 2
Total Baths 1
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General
Heating Central
Cooling Central Air
Utilities City Sewer City Water Individual Gas Meter
Possession Closing/Funding
Appliances Dishwasher Gas Cooktop
Number of Garage Spaces 1
School District Bonham ISD
Pool Y/N 0
Year Built 1965
Levels One
Property Subtype Single Family Residence
Subdivision Name Francis Add
Transaction Type For Sale
Occupant Type Vacant
County Fannin
Property Type Residential
Construction Materials Brick
HOA Type None
Full Baths 1
Status Pending
Directions Across from TMC Bonham hospital. Use GPS
City Bonham
Elementary School Name Evans
High School Bonham
Elementary School Evans
Standard Status Pending
Junior High School Rather
Listing Terms Cash Conventional
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Exterior
Parking Features Garage Private
Lot Size Less Than .5 Acre (not Zero)
Foundation Concrete Perimeter
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 509
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* Excluded Features
List By
Kaylen Maxey

Listing Agent

Frontier Properties Real Estate, Llc

Broker

Affordability Calculator

$1,019
Per Month
83%
17%
0%
Monthly Principal & Interest
$842
Monthly Property Taxes
$177
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
286485 Elementary School
3672545 Middle School
Pricing History
DatePricePrice ChangeDescription
9/15/2025$135,000 -2.88% Price Down
8/23/2025$139,000 -7.33% Price Down
7/3/2025$150,000 -6.25% Price Down
6/21/2025$160,000 Listed Price

Map


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509 Lipscomb Street, Bonham, TX, 75418 is a Single Family Home for sale at $135,000 with 986 sqft and a lot size of 0.173. 509 Lipscomb Street has 2 bedrooms, 1.0 baths, and was built in 1965. The property's zip code is 75418 which is in Bonham, TX