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Accessible Medical Office Space
For Sale
$299,900

503 Lipscomb Street, Bonham, TX 75418

CommercialSale, Bonham, TX

Property SizeContact for details
Lot Size0.15 Acres
Days on Market202

Property Features for 503 Lipscomb Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description commercial
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
Subdivision Francis Add
Directions Property is correctly pinned on the MLS please use GPS to locate
Standard status Active
APN 000000091745
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description FRANCIS ADDN, BLOCK 1, LOT 5R, ACRES .1454
Tax Annual Amount 4771
Legal Description FRANCIS ADDN, BLOCK 1, LOT 5R, ACRES .1454

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Electric
Water source Public

Amenities

wheelchair ramps

Building Details

Year built 1995
Floors in Building 1
Number of units 1
Flooring type Carpet, Laminate
Building materials Brick
Roof type Composition
Listing Agency: PARAGON, REALTORS
Listed By: Megan Towery · License #0645852
Added: Feb 12 Changed: Aug 23 Last Checked: Sep 2 at 11:06AM
MLS# 20843141

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.

Investment Insights

Based on property information with market context.

This medical office property occupies a 0.145-acre lot and was built in 1995. The brick building includes carpet and laminate flooring, central heating, electric cooling, a composition roof, and an on-site parking lot. An accessible approach with ramp is already in place.

Located at 503 Lipscomb Street in Bonham, the property sits directly across from TMC Bonham. Public water and public sewer serve the site, providing established utility infrastructure for the building.

Key Highlights

  • 0.145‑acre medical office property built in 1995
  • Directly across from TMC Bonham at 503 Lipscomb Street
  • Accessible approach with ramp

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service Hair Salon Big Box & Wholesale Store Storage Facility Furniture & Home Goods Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75418, TX

14,775
Population
5,704
Households
2.6
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
140.8 sq mi
ZIP Area
105
Density / Sq Mi
$61,265
Median Household Income
$37,944
Median Earnings
$1,040
Median Rent
$207,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Brick commercial building with ramp access, parking lot, and central heating for professional occupancy.
Where is this medical office space located?
The property is located at 503 Lipscomb Street Bonham, TX.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 0.145‑acre medical office property built in 1995; Directly across from TMC Bonham at 503 Lipscomb Street; Accessible approach with ramp
More about this property
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