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    518 S 3Rd St Bonham, TX 75418

    For Sale
    Contact for pricing

    Unimproved Land - Bonham, TX

    Type:Unimproved Land
    Lot size:
    0.21 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for 518 S 3Rd St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    000000093251
    Lot size
    0.21 Acres

    Building Details

    Architectural style
    Other

    Penny Meyer (972) 369-3200

    Listing agent Penny Meyer (972) 369-3200 License #0673571

    Listing date Nov 20, 2025

    MLS# 20947701 Listing URL

    Copyright © 2025 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.

    Overview

    Bonham, TX Building Lot

    This 0.207-acre building lot is located in South Bonham, Texas. The neighborhood is currently undergoing revitalization. Situated near Powder Creek Park, residents can enjoy a walking trail, splash pad, covered picnic area, and children's playground. This lot presents an opportunity to construct a single-family home or duplex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonham
    County
    Fannin
    State
    Texas
    Longitude
    -96.18431
    Latitude
    33.570063

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    FAQs

    What type of property is this?
    Land - Building lot in revitalizing Bonham neighborhood near Powder Creek Park.
    Where is this land located?
    The property is located at 518 S 3Rd St Bonham, TX.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: - Great building lot in a revitalizing South Bonham neighborhood.; - Opportunity to build a single-family home or duplex.; - Located near Powder Creek Park.
    (972) 369-3200
    Request Owner's contact information
    518 S 3Rd St Bonham, TX 75418
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    Bonham, TX 75418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    518 S 3Rd St Bonham, TX 75418
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