




$134,000
NAL Estimated Property Value217 W 7th Street, Bonham, TX, 75418
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About this property
Downtown Bonham location • Cottage-style home • Renovation opportunity • Updated electrical and plumbing systems This 2-bedroom, 1-bath cottage-style home presents an opportunity for renovation, restoration, rental investment, or long-term ownership in an established Bonham neighborhood. Situated on approximately 0.129 acres with city water and city sewer, the property offers approximately 1,118 square feet of living space, a covered front porch, fenced backyard, mature shade trees, carport parking, and existing utility connections. The home retains character features including its original charm, and hardwood flooring believed to be located beneath portions or all of the existing carpet. Electrical updates were completed in the early 2000s, and much or all of the plumbing has been replaced. Window-unit air conditioning is currently utilized. The fenced backyard provides space for future landscaping, gardening, outdoor living improvements, or additional enhancements. A unique tower structure remains on the property that originally served as a working windmill and was later adapted for ham radio use, creating a distinctive feature rarely found on residential properties. Located near Downtown Bonham, the property offers convenient access to local restaurants, coffee shops, shopping, parks, community events, and the US-82 corridor. Buyers searching for a fixer-upper, historic home restoration project, investment property, rental property, value-add opportunity, or renovation project will appreciate the potential this property offers. The combination of existing utility infrastructure, prior electrical and plumbing updates, original character elements, and downtown proximity creates multiple possibilities for future improvement. Sold AS IS. Buyer and buyer's agent to verify all information, measurements, schools, restrictions, condition, and intended uses.
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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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