2566 E  FM 1550, Bonham, TX 75418
OFF MARKET

$384,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,618 sqft (on 11 acres)

2566 E FM 1550, Bonham, TX 75418

Est. Refi. Payment $2,482/mo*
Refinance Your Home

Home Value

Trulia Estimate
$385K
Since last month
Decreased$3K (-0.7%)
Since last year
Increased$47K (+13.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +35% in the last 10 years
MonthEstimated value
2026
August 2026$385K
August 2026$385K
July 2026$387K
June 2026$386K
May 2026$378K
April 2026$373K
March 2026$343K
February 2026$338K
January 2026$336K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.49
Single-Family Home
-
12/01/25
4
3
2,660
2.47
Single-Family Home
-
03/11/26
2
2
2,056
2.34
Single-Family Home
-
01/29/26
3
2
2,134
2.59
Single-Family Home
-
08/05/26
4
2
2,345
2.69
Single-Family Home
-
09/08/26
3
2
2,258
2.69
Single-Family Home
-
05/14/26
2
2.5
2,360
2.61
Single-Family Home
-
03/18/26
2
1
1,220
3.15
Single-Family Home
-
04/17/26
5
2
2,304
3.22
Single-Family Home
-
03/23/26
2
2
1,392
3.34
Single-Family Home
-
04/09/26
4
3
3,572

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.22
-
-
-
-
Off Market
0.22
-
-
-
-
Recently Sold
0.44
-
-
-
-
Off Market
0.55
-
-
-
-
Off Market
0.56
$756,188
-
-
-
For Sale
1.04
$284,400
3
2
1,320
Off Market
1.20
$769,000
-
-
-
For Sale
1.23
$1,670,808
-
-
-
For Sale
1.24
$202,800
-
-
-
For Sale
1.26
$203,400
-
-
-
For Sale
1.26
$203,760
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 2566 E FM 1550.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1970
11 acre lot
1,618 sqft
$238/sqft
2 Carport Spaces

About this House

11 Ag Exempt acres, with sweeping views in every direction you look, located off of a paved FM road, and just a short jaunt to town. Bring the kids and all the animals this property is set up for country living and enjoyment, offering a private outdoor summer oasis for outdoor grilling and late night swims that offer sunset views. A long driveway sets you back off the road for privacy, great internet service offered by 903Broadband, greenhouse, basketball court, storage shed, and the skeleton is in place for a tractor barn or covered RV parking. The property is fenced & set up for cows, tractor could be negotiated for additional fee. Very large laundry room that is so spacious it is also being used as a home office.
2566 E FM 1550, Bonham, TX 75418 is a 3 bedroom, 2 bathroom, 1,618 sqft single-family home built in 1970. It last sold for the $345,000 asking price on Aug 19, 2024. More recently, it was listed as a rental in November 2025 with an asking price of $1,950 per month. That rental listing was removed on January 16, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $384,700, with a rent estimate of $1,934/month.
Last check for updates: about 10 hours ago
Listed by Megan Towery 0645852, (903) 583-3188
Century 21 Harvey Properties, (903) 583-3188
Bought with: Toni Evans Morrow, RE/MAX Four Corners, (972) 396-9100
Source: NTREIS, MLS#20657818

Home Details for 2566 E FM 1550

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Bedroom, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1618 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Septic Available, Water AvailableAppliances: Electric Range
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Combination
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Combination

Exterior Features

Exterior Home Features
Patio / Porch: Covered, DeckFencing: Cross Fenced, WireVegetation: ClearedExterior: Deck, Lighting, Outdoor Living Area, Storage, Sport CourtFoundation: Pillar/Post/Pier
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageNo Attached GarageParking Spaces: 2Parking: Carport
Pool
Pool: Other, Pool
Frontage
Road Frontage: Farm to Market RoadNot on Waterfront
Water & Sewer
Sewer: Aerobic Septic
Farm & Range
Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: ResidentialProperty Subtype: Farm, Single Family ResidenceStructure Type: HouseArchitecture: Prairie,Farmhouse
Building
Construction Materials: FrameAttached To Another Structure
Property Information
Usage of Home: Agricultural, Cattle, Livestock, Pasture, Poultry, Ranch, Residential, Recreational, Single FamilyParcel Number: 000000108924

Price & Status

Price
List Price: $345,000
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: BonhamCommunity: Alanzo Bears
School Information
Elementary School: EvansElementary School District: Bonham ISDJr High / Middle School District: Bonham ISDHigh School: BonhamHigh School District: Bonham ISD

HOA

No HOA

Lot Information

Lot Area: 11 Acres

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA, USDA Loan, VA Loan

Miscellaneous

Mls Number: 20657818Living Area Range Units: Square FeetAttribution Contact: 903-583-3188Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48147-N-000000108924-R-N

Price and Tax history

DateEventPrice
Jan 16, 2026
Source: Zillow Rentals
ListingRemoved
$1,850
Dec 15, 2025
Source: Zillow Rentals
PriceChange
$1,850
Price decreased by 5%
Nov 20, 2025
Source: Zillow Rentals
Listed For Rent
$1,950
Jan 17, 2025
Source: Zillow Rentals
ListingRemoved
$1,995
Jan 4, 2025
Source: Zillow Rentals
Listed For Rent
$1,995

Market trends in Bonham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
132
1
MoM

What Locals Say about Bonham

At least 46 Trulia users voted on each feature.
  • 90 % Say yards are well-kept

  • 89 % Say parking is easy

  • 89 % Say car is needed

  • 85 % Say there's holiday spirit

  • 71 % Say it's dog friendly

  • 68 % Say it's quiet

  • 64 % Say kids play outside

  • 53 % Say neighbors are friendly

  • 52 % Say people would walk alone at night

  • 50 % Say it's walkable to grocery stores

  • 50 % Say there's wildlife

  • 50 % Say it's walkable to restaurants

  • 47 % Say they plan to stay for at least 5 years

  • 38 % Say there are sidewalks

  • 19 % Say streets are well-lit

  • 17 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Robbie Jackson
    "Itโ€™s important to know you have to drive 1+ hrs to do any activities other than school sports or lake visits. The traffic to commute to the metroplex has significantly increased the last few years. Most people are friendly but keep to themselves. People do not pick up after pets & itโ€™s gross. There are a few parks but theyโ€™re older. Parks really need to be updated. Restaurants come & go quickly here. There are a few that have stood the test of time though.You have two grocery options here. Most shop outside of town for groceries, clothing, etc."
  • Kcwebb
    "The street in front of my house is very very busy with tractor trailers driving on it all day long it would be very scary for children"
  • Hannah C.
    "the schools are terrible and there are drugs and drug users throughout the town. just a sad, run down, poor poor place."
  • Candace C.
    "Bonham is special to me because of my family, but I wouldnโ€™t live here if I had the money to move. In bonham, you can walk most everywhere (I did), and I felt safe. "
  • Lynne N.
    "They have parades and a rodeo and Christmas and many nice events and a senior lunch shooing like Brahms and Dairy Queen and brookshires and Wallmart and the like"
  • Texstarr46
    "We are in the country with acreage. Bonham is a lake city. Itโ€™s a growing city due to the Bois dโ€™Arc Reservoir being created."
  • Timothy W.
    "people are always walking there dogs here. and kids are out playing all the time it's really quite "
  • Krystal H.
    "Near the lake there are often dogs running loose and speeding vehicles on the main lake road. People generally keep to themselves. Itโ€™s a very politically conservative area and often there are only republican candidates for local positions. The public schools are large but still value their students and their families. "
  • Hollysantos8686
    "Itโ€™s an overall safe area with a nice vibe and great schools and kids activities. We are an open arms community overall"
  • Unspecified
    "Peaceful, beautiful flowers and trees and just always gives you that feeling of no place like home. "
  • maxout2
    "We spend weekends up on Lake Bonham. The dogs and the kids love it. This has all the excellent features of country and lakeside living in under 1 hour away from the Dallas suburbs. The fishing on the lake is outstanding and most tourist boaters bypass this place for Texoma so it is very peaceful even on the weekends."
  • kgunlock
    "Bonham has everything available for daily living. Great community and close to large city benefits. Bonham has good restaraunts and shoppng for every need. Good schools and friendl living. Sherman is 25 minutes away for anything you need or could want. This area is beautiful!"

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Frequently asked questions about 2566 E FM 1550

  • What is 2566 E FM 1550 estimated to be worth?
    Trulia's estimated value for 2566 E FM 1550 in Bonham, TX is $384,700.
  • What is the price history for 2566 E FM 1550?
    2566 E FM 1550 in Bonham, TX last sold in August 2024.
  • Is Bonham a buyer's or seller's market?
    Bonham is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Bonham?
    Residents describe Bonham, TX as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Bonham, TX.
  • Does 2566 E FM 1550 have air conditioning?
    Yes, 2566 E FM 1550 in Bonham, TX has air conditioning.
  • Does 2566 E FM 1550 have a pool?
    Yes, 2566 E FM 1550 in Bonham, TX has a pool.

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