509 Lipscomb St Bonham, TX 75418
Estimated payment $995/month
Total Views
2,688
2
Beds
1
Bath
986
Sq Ft
$152
Price per Sq Ft
Highlights
- 1 Car Attached Garage
- Built-In Features
- Central Heating and Cooling System
- Eat-In Kitchen
- 1-Story Property
About This Home
Welcome home to this solid 2 bedroom, 1 bath brick house, full of potential and primed for your personal touch. This home sits on a solid foundation and has been well maintained over the years. It offers a strong structure and classic charm, making it an ideal investment property or starter home. Set on a generous lot in a quiet, established neighborhood, it maintains peace and privacy while staying close to everything that matters—great schools, quality healthcare, and easy access to shopping and main roads. Inside, you'll find central heat and air for year-round comfort, ample storage space, and a dining area open to the kitchen with plenty of natural light. Attached garage includes laundry hookups and offers potential for conversion into a third bedroom or expanded living space. Step outside to discover a shady backyard with mature trees and storage shed that adds both charm and functionality. With the community experiencing rapid growth, this well-kept home presents a prime opportunity in a highly desirable area—whether you're looking for your first home or a smart investment with room to grow. Solid bones, great potential, and an opportunity to add real value. Schedule your personal tour today.
Listing Agent
FRONTIER PROPERTIES REAL ESTATE, LLC Brokerage Phone: 903-583-8721 License #0650381 Listed on: 06/20/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,118
Year Built
- Built in 1965
Lot Details
- 7,536 Sq Ft Lot
Parking
- 1 Car Attached Garage
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 986 Sq Ft Home
- 1-Story Property
- Built-In Features
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Evans Elementary School
- Bonham High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- Francis Add Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / 1
- Assessor Parcel Number 000000091742
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,118 | $124,970 | $39,460 | $85,510 |
| 2023 | $1,957 | $114,480 | $29,200 | $85,280 |
| 2022 | $1,985 | $104,330 | $21,130 | $83,200 |
| 2021 | $2,073 | $82,090 | $10,640 | $71,450 |
| 2020 | $1,906 | $74,580 | $7,770 | $66,810 |
| 2019 | $1,832 | $68,940 | $6,110 | $62,830 |
| 2018 | $1,705 | $64,240 | $6,110 | $58,130 |
| 2017 | $1,570 | $61,410 | $6,110 | $55,300 |
| 2016 | $1,480 | $59,400 | $6,110 | $53,290 |
| 2015 | -- | $52,650 | $5,960 | $46,690 |
| 2014 | -- | $54,710 | $5,890 | $48,820 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Price Changed | $150,000 | -6.3% | $152 / Sq Ft |
| 06/20/2025 06/20/25 | For Sale | $160,000 | -- | $162 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Similar Homes in Bonham, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20975208
APN: 91742
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