




$399,000
221 W 5th Street, Bonham, TX, 75418
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About this property
Step into the timeless charm of this historic 6-bedroom, 4.5-bathroom home located just moments from the downtown Bonham square. Rich in character and thoughtfully updated, this spacious property offers the perfect blend of classic architecture and modern comfort, making it an excellent fit for large or multi-generational families. The main portion of the residence welcomes you with generous living and dining areas that create an inviting space for everyday living and entertaining. The kitchen is conveniently located alongside a half bath on the first floor, while upstairs you'll find four spacious bedrooms and two full bathrooms. The private primary suite features its own ensuite bath, and a balcony overlooks the beautiful oversized lot, providing the perfect place to enjoy your morning coffee or unwind in the evening. Throughout the home you'll appreciate the original architectural details that give this property its unique character, complemented by tasteful modern updates that enhance everyday functionality. A standout feature of this home is the secondary wing, offering its own full kitchen, two bedrooms, and two full bathrooms. Whether you're accommodating extended family, hosting long-term guests, creating private living quarters, or simply looking for additional flexibility, this separate living space provides endless possibilities. Outside, the oversized lot offers plenty of room to enjoy, while the detached garage provides convenient storage for vehicles, tools, lawn equipment, or hobbies. Combining historic charm, an exceptional amount of living space, and a prime location just off Bonham's vibrant downtown square, this is a rare opportunity to own a truly distinctive home with room for everyone.
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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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