
$95,250
NAL Estimated Property Value520 Allen Ave, Bonham, TX, 75418
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Situated on a corner lot, this property located halfway between the high school and elementary schools and near food and shopping, offers a huge backyard and excellent opportunity for rental income. This home is being offered as is-where is with no repairs. The seller does not have a survey. Utilities have been turned off. All information contained herein is deemed to be reliable but not guaranteed. Buyer or buyers agent are encouraged to verify and perform 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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