

$29,900
704 E 8th Street, Bonham, TX, 75418
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About this property
*Owner Financing Available - Contact Listing Agent for details or questions* Build your future in the growing community of Bonham with this spacious residential lot offering just over a quarter acre of opportunity. The level terrain provides an ideal foundation for new construction. Mature trees along the back of the property create a natural privacy buffer, perfect for enjoying outdoor gatherings, relaxing evenings, or future backyard amenities. Whether you’re planning a custom home, investment property, or exploring the potential for duplex development (subject to city approval), this property offers flexibility and long-term potential in an expanding area. Conveniently located near local shopping, grocery stores, restaurants, schools, and everyday essentials, the property also provides easy access to popular area destinations including Bonham State Park, historic downtown Bonham, and Lake Bonham for outdoor recreation and fishing. Commuters and investors alike will appreciate the property’s accessibility to the greater Dallas–Fort Worth metroplex, offering small-town living with convenient connections to the Metroplex. With growth continuing throughout North Texas, this property presents an excellent opportunity to build, invest, or hold for the future.
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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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