Bonham Homes under $500,000

Welcome to Bonham, Texas – a hidden gem nestled in the heart of Fannin County! With its rich history, friendly community, and charming small-town atmosphere, Bonham offers a unique blend of Southern hospitality and modern conveniences. Known for its picturesque landscapes and vibrant local culture, this delightful city is an ideal place to call home.

Bonham boasts a variety of recreational activities, from exploring the scenic trails at Bonham State Park to enjoying a leisurely afternoon at the historic downtown square, where local shops and eateries await. The city is also home to the Fannin County Museum of History, providing a glimpse into the area's fascinating past.

For those seeking a new home, Bonham presents an exciting opportunity with a range of properties available for under $500,000. Whether you're a first-time buyer, looking to downsize, or searching for a family-friendly abode, Bonham has something for everyone. From charming bungalows to spacious family homes, you'll find properties that offer both comfort and style without breaking the bank.

The real estate market in Bonham is thriving, making it an excellent time to invest in your future. With its affordable housing options, you can enjoy a peaceful lifestyle while still being close to the amenities of larger cities like Dallas and Sherman.

Discover the charm of Bonham, Texas, where community spirit meets affordability. Your dream home awaits in this enchanting city!

Newest Bonham Homes under $500,000

$110,000

2 Beds ⋅ 1 Baths ⋅ 21404458 MLS

Welcome to this cozy and charming cottage nestled in the heart of the quaint and growing community of Bonham, Texas! This inviting 2-bedroom, 1-bath home features beautiful hardwood floors, plenty of character, and a warm, welcoming atmosphere. Situated on a spacious quarter-acre lot in an established neighborhood, this property offers the perfect blend of small-town charm and convenience. Within walking distance of historic downtown Bonham, you'll enjoy easy access to local shops, restaurants, and the charming town square. Outdoor enthusiasts will appreciate being close to several area lakes, including the recently opened Bois d'Arc Lake, offering wonderful opportunities for fishing, boating, and recreation. Conveniently located approximately 30–35 minutes from Sherman, 40–45 minutes from Paris, 45–50 minutes from McKinney, and approximately 1 hour and 20 minutes from DFW International Airport. Whether you're searching for a cozy place to call home, a charming weekend getaway to escape the hustle and bustle of city life, or an investment opportunity, this delightful cottage offers endless possibilities in a wonderful small-town setting!

1007 Willow St, Bonham

$185,000

3 Beds ⋅ 2 Baths ⋅ 21406469 MLS

Discover the perfect blend of comfort and convenience in this charming 3-bedroom, 2-bathroom home located right in the heart of town. This inviting residence puts you just moments away from the best local shopping, healthcare, and recreational activities, making daily errands a breeze. Whether you are starting your homeownership journey or looking for a cozy place to settle down, this home offers an incredible opportunity at an affordable price. All measurements are approximate and deemed reliable but not guaranteed; square footage, lot size, and room dimensions are estimates and should be verified.

228 E Boyd Ave, Bonham

$195,000

3 Beds ⋅ 2 Baths ⋅ 21405010 MLS

Fully Renovated 3BD-2BA Gem Near Historic Downtown Bonham – Like-New Construction! Experience the worry-free lifestyle of modern construction paired with the charm of living near historic downtown Bonham. Recently rebuilt from the studs up, this 3-bedroom, 2-bathroom home offers complete peace of mind with brand-new essential systems, including a new HVAC system, updated electrical service, new hot water heater, fresh interior and exterior paint, and stylish vinyl plank wood flooring and blinds throughout. The windows were replaced in 2024. As you step inside, you are greeted with an open, sunlit floor plan. At the heart of the home is the contemporary kitchen with shaker-style cabinetry, sleek granite countertops, and a new electric range and dishwasher. The new refrigerator and microwave will remain. Both bathrooms feature new vanities and new shower-tub enclosures. Outside, enjoy a spacious backyard equipped with a new privacy fence, a large storage shed (6x10) – perfect for a workshop or just extra storage – and a beautiful deck (14x11) that is perfect for entertaining or just enjoying your morning coffee! The home also has a 12x21 carport. Minutes from Bonhams local dining, shopping, and the town square, this turnkey property is low maintenance and ready for its new owners. Schedule your private showing today before its gone!

506 W 7th St, Bonham

$359,000

4 Beds ⋅ 3 Baths ⋅ 21404380 MLS

Welcome to this 4 bedroom, 3 bathroom home. Offering the perfect blend of comfort, flexibility and space. This home features a mother-in-law suite, ideal for multi generational living, guests or a private retreat. A bonus room that has been used as a library and study area. Step outside to the large backyard, offering plenty of room for pets, entertaining, gardening or simply enjoying the outdoors. This home is ready to meet your needs and lifestyle. Buyer and Buyer's agent to verify all information.

1908 Nancy Lea Dr, Bonham

$105,000

2 Beds ⋅ 1 Baths ⋅ 21403410 MLS

Historic Charm & Timeless Character in the Heart of Bonham Step into the charm and character of another era at 103 S Center St in Bonham, Texas. This unique 2-bedroom, 1-bath home offers beautiful original hardwood floors, classic details, and a story of its own. The bathroom features a charming clawfoot tub, adding a touch of vintage elegance that perfectly complements the home's character. Throughout the home, the original hardwood floors bring warmth, beauty, and timeless appeal. Upstairs, discover an intriguing piece of the home's history — an attic space that was once used as a bedroom. The original door still opens with a skeleton key, offering a rare glimpse into the home's past and adding to its unmistakable historic personality. Whether used for storage, a creative space, or simply appreciated as a unique architectural feature, this area is sure to spark conversation. The property also offers an exciting opportunity with the vacant lot behind the home. The lot previously had a house on it, creating potential for future use or possibly another structure, subject to city approvals, zoning, utilities, and applicable restrictions. With its original character, beautiful hardwood floors, clawfoot tub, skeleton-key attic, and additional land, this is more than just a house — it's a property with history, personality, and possibilities. Come see this special Bonham property and discover the charm for yourself!

103 S Center St, Bonham

$163,500

2 Beds ⋅ 1 Baths ⋅ 21400943 MLS

Welcome to this charming 1,178 sq. ft. home nestled on nearly half an acre, offering 2 bedrooms and 1 bathroom, plus a flexible front room that could be used as a bedroom or living room. The spacious, tree-shaded lot features beautiful, mature pecan trees, creating a peaceful outdoor setting with plenty of room for kids to play, pets to roam, or simply enjoy the extra space. A 21’ x 23’ workshop with electricity provides even more versatility—perfect for projects, hobbies, storage, or a dedicated workspace. With its generous lot, mature trees, workshop, and abundant outdoor space, this property offers plenty of opportunity to make it your own and enjoy a little more room to spread out and relax.

1115 S 6th St, Bonham

$220,000

2 Beds ⋅ 1 Baths ⋅ 21392931 MLS

Come tour this pristine single story 2 bedroom home situated on a .425 acre lot nestled in the desirable Lindawood Acres Neighborhood. This charming brick residence features a flexible floor plan with beamed ceilings, cozy fireplace, and and warm laminate wood flooring throughout. (no carpet) The kitchen offers ample cabinetry, a breakfast bar, and an adjoining dining room that creates a functional inviting space for meals and conversation. The spacious bedrooms ensure comfort and generous closet space. Large 2-car garage includes expanded storage capacity. Savor outdoor living in the expansive backyard with majestic mature trees, perfect for a garden, play area or outdoor entertaining. Located just minutes from Downtown Bonham, schools, VA Medical Center and local amenities with excellent commuter connectivity via Hwy 82 to Sherman and 121 toward Mckinney.

503 Wes Michael Rd, Bonham

$35,000

21397544 MLS

Here is a great lot to build on inside the city limits of Bonham. This is a large lot with new homes surrounding it. It sits on the corner of Katy and 7th St. No known restrictions.

809 E 7th St, Bonham

$210,000

3 Beds ⋅ 2 Baths ⋅ 21395486 MLS

Come home to a little more breathing room and a lifestyle that feels refreshingly uncomplicated. This newer Bonham home combines modern finishes with an easy, open layout that makes everyday life feel comfortable from the moment you walk through the door.The kitchen truly sits at the heart of the home, with a large island that’s ready for morning coffee, quick weeknight dinners, or gathering with friends. Stainless steel appliances, generous counter space, and plenty of cabinetry keep everything functional without sacrificing style. Natural light carries throughout the open living and dining areas, creating a bright space that feels equally suited for quiet nights at home or a house full of guests. The private primary suite gives you a comfortable place to recharge, while the additional bedrooms can easily adapt as life changes, whether you need guest space, a home office, or room for hobbies. Outside, there’s space to garden, entertain, let the pets play, or create the backyard you’ve been imagining. Living in Bonham gives you the charm and slower pace of a smaller Texas community while keeping shopping, dining, recreation, and everyday necessities within easy reach. It’s a great opportunity for buyers looking for a newer home, modern comfort, and a little more room to enjoy life.

805 S 4th St, Bonham

$219,500

3 Beds ⋅ 2 Baths ⋅ 21396605 MLS

Welcome to 2108 N Village Drive, a well-located 3-bedroom, 2-bath home in an established Bonham neighborhood. This inviting property offers a comfortable floor plan with spacious living and dining areas, a cozy fireplace, and a functional kitchen with plenty of room for everyday living and entertaining. The primary bedroom provides a comfortable retreat, while two additional bedrooms offer flexibility for family, guests, or a home office. Outside, enjoy a large covered patio overlooking the backyard—an ideal spot for morning coffee, weekend gatherings, or relaxing evenings. The property also features an attached two-car garage and a conveniently located lot with mature neighborhood surroundings. Located close to schools, shopping,and dining this home offers an excellent opportunity for a buyer looking for an established home in a convenient Bonham location. Come see the possibilities at 2108 N Village Drive!

2108 N Village, Bonham

$142,000

2 Beds ⋅ 1 Baths ⋅ 21343385 MLS

Looking for a place to call your own? Welcome to this charming 2-bedroom, 1-bath brick home in a convenient West Bonham location. Featuring a 1-car carport and a spacious, tree-filled lot, this property offers plenty of potential. The backyard is shaded by large pecan trees and is partially fenced, creating a wonderful outdoor setting. Whether you're searching for a starter home or looking to add another property to your rental portfolio, this home is worth a look. Conveniently located near shopping and schools. This could be a great opportunity with plenty of potential. To make this home your own, contact your favorite Realtor to get the ball rolling.

826 W 9th St, Bonham

$117,500

2 Beds ⋅ 1 Baths ⋅ 21394912 MLS

Beautifully renovated home that combines modern upgrades with everyday comfort. This move-in ready property has been thoughtfully updated throughout, offering a clean, stylish, and functional living space. The fully remodeled kitchen is a standout feature, complete with granite countertops, stainless steel appliances, and ample cabinet space—perfect for cooking, entertaining, and daily living. Vinyl wood flooring flows seamlessly throughout the home, providing durability and a contemporary feel, while faux wood blinds and updated fixtures add a polished touch. Both bathrooms have been tastefully remodeled with modern finishes, creating a fresh and inviting atmosphere. The home is filled with natural light and offers a well-designed layout that maximizes space and comfort. Conveniently located near local shopping, dining, and major roadways, this home offers both style and accessibility. Don't miss your opportunity to lease this beautifully updated home—schedule your showing today!

1916 Liberty St, Bonham

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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