Bonham Homes under $500,000

Welcome to Bonham, Texas—a charming city nestled in the heart of Fannin County, where small-town warmth meets modern convenience. With a rich history dating back to the 1800s, Bonham is not just a place to live; it's a community where neighbors become friends and every street tells a story. Known for its beautiful parks, vibrant downtown, and a strong sense of community, Bonham offers an inviting atmosphere for families, retirees, and everyone in between.

Bonham is conveniently located just a short drive from larger cities like Dallas and Sherman, making it an ideal spot for those who desire a peaceful lifestyle without sacrificing access to urban amenities. Enjoy the local farmer's market, explore the historic district, or take a leisurely stroll around Bonham State Park, where nature enthusiasts can revel in the beauty of Texas landscapes.

For homebuyers seeking affordability without compromising on quality, Bonham presents a fantastic opportunity. With a variety of homes available for under $500,000, you can find charming properties that fit your budget and lifestyle. From cozy single-family homes to spacious residences with modern updates, there’s something for everyone in this delightful city.

Whether you're looking for your first home, a place to retire, or an investment opportunity, Bonham’s real estate market is ripe with potential. Embrace the charm of Bonham, where your dream home awaits! Don’t miss the chance to become part of this welcoming community—explore your options today!

Newest Bonham Homes under $500,000

$299,900

4 Beds ⋅ 3 Baths ⋅ 21409175 MLS

Four bedroom, two and a half bath home with over 2,100 square feet of living area, built in 2022, on 0.6 acres, with large back yard. Split floor plan. Modern kitchen open to family room. Carpet in bedrooms was replaced in September, 2026. Stainless appliances. Large waterfall island in kitchen, walk in pantry, and soft close kitchen cabinets. Primary bathroom has double vanities, a stand alone tub, and a separate frameless shower. Separate utility room. Firepit in backyard. Priced to sell. Fannin County Tax Appraisal District value for 2026 is $417,260. No HOA. Contract with buyers' FHA loan only allowed after December 2, 2026 due to FHA rules.

2204 Albert Broadfoot St, Bonham

$359,000

3 Beds ⋅ 2 Baths ⋅ 21413763 MLS

Elevated finishes, distinctive design, and thoughtful upgrades give this new construction home a custom-home feel. Offering 3 bedrooms, 2 bathrooms, and a 2-car garage with an 8-foot-tall garage door, the open layout features 9-foot ceilings and waterproof luxury vinyl plank flooring throughout the main living areas. A gas fireplace framed by built-in cabinetry and shelving anchors the living room, while a separate built-in coffee and serving bar adds storage and entertaining space. The kitchen features an upgraded appliance package with a gas range-oven and LG built-in microwave and wall oven combination, providing two ovens for added cooking flexibility. Abundant cabinetry, a range hood, tile backsplash, and a walk-in pantry complete the space. The spacious primary suite offers a tray ceiling, sliding barn door, and a beautifully appointed bathroom featuring a dual-sink vanity, gold-tone fixtures, abundant storage with additional countertop cabinetry, an oversized tiled shower, and a large walk-in closet. Two additional bedrooms offer flexible space for guests, a home office, or hobbies, with convenient access to the secondary bathroom featuring a tiled tub-shower surround. A built-in mudroom bench with cubbies and overhead storage creates a convenient drop zone inside the garage entry, while the dedicated laundry room offers additional built-in cabinetry. Situated on a generous 0.21-acre lot with mature trees, this home offers covered front and back porches and a fenced backyard. Additional upgrades include spray foam insulation and a tankless, on-demand water heater for energy efficiency, plus gutters and front and back sprinkler systems.

1328 Franklin Ave, Bonham

$89,000

3 Beds ⋅ 1 Baths ⋅ 21410537 MLS

Large Lot with Mature Trees, Home has great space for someone looking for a place to call HOME. Property would also be great for investors at this price point. This 3 bedroom 1 bath home is very livable but could use some TLC and Leveling, some of the Original Wood Flooring still has amazing shine. Backyard is spacious and the outbuilding are older but could be revived to add amazing character to this property. With a Vision this property could be really special.

802 Seven Oaks Rd, Bonham

$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

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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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Bonham Homes under $500,000

Newest Bonham Homes under $500,000

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