Get more info

1509 Island Bonham, TX ^$ 850,000

1509 Island

^$ 850,000

Back to search

1509 Island

Bonham, TX, 75418

^$ 850,000

Studio Baths0.0

Monthly Estimate*

^$ 5,303

1509 Island, Bonham, TX 75418 - Image 10

1509 Island, Bonham, TX 75418 - Image 11

1509 Island, Bonham, TX 75418 - Image 12

1509 Island, Bonham, TX 75418 - Image 13

1509 Island, Bonham, TX 75418 - Image 14

1509 Island, Bonham, TX 75418 - Image 15

1509 Island, Bonham, TX 75418 - Image 16

1509 Island, Bonham, TX 75418 - Image 17

1509 Island, Bonham, TX 75418 - Image 18

1509 Island, Bonham, TX 75418 - Image 19

1509 Island, Bonham, TX 75418 - Image 20

1509 Island, Bonham, TX 75418 - Image 21

1509 Island, Bonham, TX 75418 - Image 22

View a Virtual Tour

Studio

Lots and Land for sale in Bonham, TX

for $850,000. The lot size is 10.885.

10.889 Acres – Prime Development Opportunity in the Heart of Bonham Positioned in the center of Bonham’s growth corridor, this 10.889-acre tract offers exceptional potential for residential development. With frontage on both Highway 78 and Island Bayou Road, the property provides convenient dual access points ideal for future subdivision design. A 12-inch city water line runs along Island Bayou, supporting infrastructure for new homes. Currently located within a floodplain, this site presents an excellent opportunity for a developer ready to elevate and build—transforming a centrally located parcel into a new neighborhood just minutes from downtown amenities, schools, and new commercial expansion. Bring your vision to life in one of North Texas’ fastest-growing small towns—Bonham, Texas—where community investment and development are thriving.

Lots and Land Active

Price

^$ 850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 14

Style

Unimproved Land

Lot Size

10.885

Town/City

Bonham

County/Region

Fannin

MLS | Web ID

21086033

Features

General

Development Status Zoned

Utilities City Sewer City Water Unincorporated

Possession Negotiable

current use Agricultural Cattle Commercial Crops Crops and Livestock Development Investment Mini-Storage Multi-Family Pasture Residential Retail Single Family

Restrictions Animals

School District Bonham ISD

Property Subtype Unimproved Land

Subdivision Name Island Bayou Estates

County Fannin

Property Type Land

HOA Type None

Status Active

Directions Please use GPS to locate

City Bonham

Elementary School Name Evans

High School Bonham

Elementary School Evans

Standard Status Active

Junior High School Rather

Exterior

Waterfront 0

Lot Features Acreage Cleared Interior Lot Many Trees Pasture Subdivision

Vegetation Cleared Partially Wooded

Fencing Fenced

Soil Type Other

Lot Size Source Assessor

Lot Size 10 to < 50 Acres

Internal Only

Street Number 1 1509

* Excluded Features

List By

Megan Towery

Listing Agent

Paragon, Realtors

Broker

Affordability Calculator

$5,304

Per Month

Monthly Principal & Interest: $5,303
Monthly Property Taxes: $1
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Lots and land listings in Bonham, TX

Average List Price ^$500,225

Percent of Sale Price 41%

About Bonham, TX

10,007 Population

0% Since 2002

^$35,733 Median Income

36.45 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

286485 Elementary School

3672545 Middle School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/13/2025	$850,000		Listed Price

Map

More homes like this one

homes for you

See all

1509 Island, Bonham, TX, 75418 is a Lots and Land for sale at $850,000 with a lot size of 10.885. 1509 Island is a studio with 0.0 baths. The property's zip code is 75418 which is in Bonham, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information courtesy of The North Texas Real Estate Information System.

Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Services

Data is updated as of 10/14/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1509 Island

Lots and Land for sale in Bonham, TX

Affordability Calculator

Map

More homes like this one

Get more info about this home