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$130,000

NAL Estimated Property Value

TBD County Rd 1540, Bonham, TX, 75439

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

5.4 acres total across two parcel id's. 118' wide access to paved road, the front .6 acres portion is in city limits and provides access to the 4.8 acre county property at the back. You have large mature trees providing privacy for your homesite or workshop location. This property is priced below market value due to proximity to Cole Correctional Unit across the road. You have options to build or place a mobile home on this property. Verify with the county about your options to build your commercial business location here. Your access is from a paved road and almost 119' feet wide. The property goes back 552' to wear it opens up to a rectangle 403' wide and 344' deep all in the county. Lot's of options at a great price.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$780 /month
Positive
Cash Flow Estimate:
$260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bonham

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TBD County Rd 1540 | Property Details | No Agent List