




$134,000
NAL Estimated Property Value619 Thomas St, Bonham, TX, 75418
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About this property
Corner lot • 0.3 acres • Infill Development Opportunity • Investment or Redevelopment • Utilities on Site 0.3-acre corner parcel in Bonham positioned for residential infill development or investment redevelopment. Existing 1910 structure (2 bed, 1 bath, approx. 1,124 sq ft) and detached barn are in advanced disrepair and are not safe for entry—property is being offered at lot value with all improvements conveying as-is. No interior access or showings permitted. Corner positioning allows multiple access points and flexible site planning for new construction, including potential for single-family build, spec home, or long-term hold. Lot size and layout support redevelopment potential with room for new footprint, driveway access, and yard space. Opportunity for new construction resale, build-to-rent, or portfolio addition. Utilities are present on site (water, electric, sewer—buyer to verify), which may reduce upfront development costs and support faster project timelines. Existing infrastructure may benefit builders and investors seeking infill lots, teardown opportunities, or entry-level development projects. Located within Bonham city limits with proximity to established neighborhoods, downtown Bonham, local retail, and dining. Positioned approx. 1.0 mile to Bonham Square and approx. 1.0 mile to US-82 for regional access. Offered at a price point adjusted for demolition and site cleanup, creating an opportunity for builders, investors, and developers targeting new construction, rental build strategies, or resale projects. Buyer to verify all information including zoning, utilities, permits, and building requirements.
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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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