314 E 2nd St, Bonham, TX 75418
FOR SALE

$40,000

Original price: $50,000

    314 E 2nd St, Bonham, TX 75418

    Est. Mortgage $325/mo*
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    Home Highlights

    Lot/Land
    Built in 1905

    Local Information

    • Map ViewExplore the area around 314 E 2nd St.
    • Schools2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Great lot located in walking distance to the Historic town square of Bonham where you can enjoy admiring the beautifully restored 1880's courthouse, dining at one of the many restaurants or shopping at all the quaint little shops. There was a house on the lot at one time but it is no longer there. Lot has a park like setting and can be sold along with the lot next to it (MLS #21136013) for extra space if desired. Bonham is only 25 mins. from Sherman, 30 mins. from Melissa and 40 mins. from Paris. Easy commute to the Metroplex.
    Last check for updates: about 14 hours ago
    Listing courtesy of Jo Ann Lipscomb 0480590, (903) 583-5835
    Lipscomb Realty, 903-583-5835
    Source: NTREIS, MLS#21136033
    Also Listed on NTREIS.

    Home Details for 314 E 2nd St

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Overhead Utilities, Sewer Available, Separate Meters, Water Available

    Exterior Features

    Frontage
    Road Surface Type: AsphaltNot on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Cumulative Days on Market: 184Days on Market: 180+

    Property Information

    Year Built
    Year Built: 1905
    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 000000092343

    Price & Status

    Price
    List Price: $40,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: BonhamCommunity: Inglish Donation
    School Information
    Elementary School: FinleyoateElementary School District: Bonham ISDJr High / Middle School: RatherJr High / Middle School District: Bonham ISDHigh School: BonhamHigh School District: Bonham ISD

    Agent Information

    Listing Agent
    Listing ID: 21136033

    HOA

    No HOA

    Lot Information

    Lot Area: 7492.32 sqft

    Miscellaneous

    Mls Number: 21136033Living Area Range Units: Square FeetAttribution Contact: 903-583-5835

    Around this home

    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
      "It’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 & it’s gross. There are a few parks but they’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."
      3
      Flag
    • 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"
      0
      Flag
    • Hannah C.
      "the schools are terrible and there are drugs and drug users throughout the town. just a sad, run down, poor poor place."
      0
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    • Candace C.
      "Bonham is special to me because of my family, but I wouldn’t live here if I had the money to move. In bonham, you can walk most everywhere (I did), and I felt safe. "
      10
      Flag
    • 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"
      4
      Flag
    • Texstarr46
      "We are in the country with acreage. Bonham is a lake city. It’s a growing city due to the Bois d’Arc Reservoir being created."
      0
      Flag
    • Timothy W.
      "people are always walking there dogs here. and kids are out playing all the time it's really quite "
      1
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    • Krystal H.
      "Near the lake there are often dogs running loose and speeding vehicles on the main lake road. People generally keep to themselves. It’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. "
      0
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    • Hollysantos8686
      "It’s an overall safe area with a nice vibe and great schools and kids activities. We are an open arms community overall"
      4
      Flag
    • Unspecified
      "Peaceful, beautiful flowers and trees and just always gives you that feeling of no place like home. "
      1
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    • 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."
      0
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    • 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!"
      0
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    Market trends in Bonham

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

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    120 S 5th St, Bonham, TX
    0.29
    Lot/Land
    -
    12/10/25
    -
    -
    505 S Main St, Bonham, TX
    0.26
    Lot/Land
    -
    12/10/25
    -
    -
    816 E 6th St, Bonham, TX
    0.43
    Lot/Land
    -
    06/12/26
    -
    -
    717 S 4th St, Bonham, TX
    0.65
    Lot/Land
    -
    04/15/26
    -
    -
    FM 3221, Bonham, TX
    0.23
    Lot/Land
    -
    12/11/25
    -
    -
    W FM 274, Bonham, TX
    0.23
    Lot/Land
    -
    04/09/26
    -
    -
    605 Svoboda St, Bonham, TX
    0.86
    Lot/Land
    -
    11/02/25
    -
    -
    1328 Franklin Ave, Bonham, TX
    0.91
    Lot/Land
    -
    03/16/26
    -
    -
    Lot Three Smith St, Bonham, TX
    0.84
    Lot/Land
    -
    02/09/26
    -
    -
    Lot Four Smith St, Bonham, TX
    0.85
    Lot/Land
    -
    08/12/26
    -
    -

    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
    315 E 2nd St, Bonham, TX 75418
    0.04
    -
    3
    2
    1,041
    Recently Sold
    309 E 2nd St, Bonham, TX 75418
    0.04
    -
    3
    2
    1,697
    Recently Sold
    301 E 2nd St, Bonham, TX 75418
    0.04
    $115,600
    1
    1
    500
    Off Market
    306 E 2nd St, Bonham, TX 75418
    0.01
    $40,000
    -
    -
    -
    For Sale
    105 SE 4th St #1 & 2, Bonham, TX 75418
    0.08
    $377,900
    6
    5
    2,576
    Off Market
    102 Elm St, Bonham, TX 75418
    0.10
    $18,000
    -
    -
    -
    For Sale
    301 Chestnut St, Bonham, TX 75418
    0.16
    -
    -
    -
    -
    Off Market
    202 Pine St, Bonham, TX 75418
    0.19
    -
    3
    2
    1,265
    Recently Sold
    605 E 3rd St, Bonham, TX 75418
    0.21
    $930,800
    27
    18
    10,799
    Off Market
    308 E 5th St, Bonham, TX 75418
    0.23
    $169,300
    1
    1.5
    1,175
    Off Market
    418 E 5th St, Bonham, TX 75418
    0.24
    $232,000
    3
    2
    1,215
    Off Market

    Price and Tax history

    DateEventPrice
    Jun 19, 2026
    Source: NTREIS #21136033
    		PriceChange
    $40,000
    Price decreased by 20%
    Dec 19, 2025
    Source: NTREIS #21136033
    		Listed For Sale
    $50,000

    LGBTQ Local Legal Protections

    Jo Ann Lipscomb, Lipscomb Realty, 903-583-5835
    Agent Phone: (903) 583-5835
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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    Frequently asked questions about 314 E 2nd St

    • How big is 314 E 2nd St?
      314 E 2nd St in Bonham, TX is about 0.17 acres (7,492 sq ft).
    • What is the price per acre for 314 E 2nd St?
      314 E 2nd St in Bonham, TX is listed at $40,000, or about $235K per acre.
    • 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 homes for sale in Bonham, TX.
    • What are the closest schools to 314 E 2nd St?
      The closest schools to 314 E 2nd St in Bonham, TX are Bonham High School (rated 3/10), Evans Elementary School (rated 5/10), Finley-Oates Elementary School (rated 3/10).
    314 E 2nd St, Bonham, TX 75418 is a lot/land built in 1905. This property is currently available for sale and was listed by NTREIS on Dec 19, 2025. The MLS # for this home is MLS# 21136033.