


$40,000
NAL Estimated Property Value1616 Cedar Street, Bonham, TX, 75418
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About this property
Enjoy the tranquil ambiance created by this beautifully shaded lot, providing a perfect canvas to build your dream custom home. Situated near Bonham High School, Bonham Elementary School, local dining and shopping. Seize the opportunity to create a residence that reflects your unique vision while relishing the perks of a prime and well-connected location. The information provided is considered reliable, yet not guaranteed. Buyers are advised to verify all details and conduct thorough due diligence.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Bonham
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