# 505 W 3rd Street, Bonham, TX 75418

> **TL;DR:** land, $29,000. Est. $155/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $29,000 |
| Lot Size | 6,360 sqft (0.15 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $147 |
| Estimated Insurance | $8 |
| **Total** | **$155** |

## Nearby Schools

- **Elementary:** Finleyoate
- **Middle:** Rather
- **High:** Bonham

## Property Highlights

- 0.15 acre lot

## Description

### AI Summary
Located in the J P Simpson neighborhood of Bonham, Texas, this 0.15-acre residential lot is within city limits and offers a setting for a future custom home or investment property. The property is land with no existing bedrooms or bathrooms, providing an open site for planning and development. Utilities are available, and the lot has access from a paved street. Its location in the heart of Bonham provides convenient access to local amenities, schools, and parks. Listed at $29,000, 505 W 3rd Street offers a city-lot opportunity in an established local setting. Buyers can consider the property’s size, available utilities, and street access when evaluating potential residential construction or investment use.

### Agent Description
This residential lot is situated in the heart of Bonham, TX. Located within city limits, it offers convenient access to local amenities, schools, and parks. Ideal for building a custom home or investment property, with utilities available and paved street access.

## Location

- **Address:** 505 W 3rd Street, Bonham, TX 75418
- **County:** Fannin
- **Neighborhood:** J P Simpson
- **Coordinates:** 33.57598338, -96.18430839
- **Google Maps:** https://www.google.com/maps?q=33.57598338,-96.18430839

## Listing Agent

- **Name:** Ashley Hammons
- **Brokerage:** AT HOME TEXAS REAL ESTATE
- **Phone:** (903) 454-2824
- **Broker Phone:** (903) 454-2824
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/505-W-3rd-St_Bonham_TX_75418_M73094-09709?f=listhub&s=NTREIS&m=21055244&c=propsimple)

## Photos

![505 W 3rd Street - Photo 1](http://lh.rdcpix.com/56f10949ad290f0bc8ddd080767f0c11l-f3117936803r.jpg)

---

**MLS#:** 21055244 | **Updated:** 2026-08-29
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/505-w-3rd-street-bonham-tx-75418-21055244)

---

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