Fm 1550, Bonham, TX 75418

Listing agent Rich Riemer License #0721755 Show Phone

Listing office Century 21 Mike Bowman, Inc. d***@c21bowman.com Grapevine, TX Show Phone

Listing date May 4, 2026

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MLS# 21246234 Listing URL

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Overview

This offering is a rare 11-acre farm tract designed for flexible ownership and future development. The property is described as well-drained and is already improved with a community water meter installed. Electric is available at the road, and culverts with permanent driveway access are in place, supporting practical use from day one. The tract is currently under an ag exemption, which may provide potential tax advantages to qualified owners.

The land is located in a prime, high-growth area, positioned south of Bonham and north of Leonard, with access that is described as just minutes from Trenton. It is also noted to be near Lake Ralph Hall and close to Bois d’Arc Lake, as well as Lake Bonham and Bonham State Park. This surrounding mix of water access and regional growth contributes to the property’s appeal for buyers seeking both country living and convenience.

With the combination of usability, basic infrastructure, and a clean slate for planning, the tract is well suited for a custom home or ranchette-style development. It also presents an option for buyers looking at a future homesite or business venture, supported by the installed water service, road-proximate electric, and established driveway access.

Map

City

Bonham

County

Fannin

State

Texas

Longitude

-96.117945

Latitude

33.50985

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FAQs

What type of property is this?

Agricultural land / Farmland - Well-drained acreage with water service and driveway access, positioned for future homesites or light commercial use.

Where is this agricultural land / farmland located?

The property is located at Fm 1550 Bonham, TX.

What is the asking price?

The asking price for this property is $310,000.

What are key features of this property?

This property features: 11‑acre well‑drained farm tract in a high‑growth area south of Bonham and north of Leonard.; Minutes from Trenton, with proximity to Lake Ralph Hall, Bois d'Arc Lake, Lake Bonham, and Bonham State Park.; Community water meter already installed for the property.