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314 E 2nd St , Bonham, TX 75418

$40,000

1905
year built

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.

Highlights

  • Land
  • Unimproved Land
  • Built in 1905
  • 0.172 Acre Lot
  • 327 days on Market

  • Year Built
    1905

  • Acres
    0.172
  • Lot Features
    Cleared, Few Trees
  • Utilities
    Electricity Available, Phone Available
  • Water
    Public

  • County
    Fannin
  • City
    Bonham
  • Neighborhood
    Inglish Donation
  • Zip Code
    75418
  • High School
    Bonham
  • Middle School
    Rather
  • Elementary School
    Finleyoate

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Frequently Asked Questions

How do I schedule a tour of 314 E 2nd St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 314 E 2nd St.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 314 E 2nd St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $40,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Bonham, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 314 E 2nd St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 314 E 2nd St at around $333. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 314 E 2nd St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Fannin County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 314 E 2nd St?

In most cases, yes. Whether 314 E 2nd St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Bonham's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 314 E 2nd St?

We can handle that for you. Our preferred local agent specializes in lands in Bonham and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

314 E 2nd St was listed on December 19, 2025, which means it's been on the market for 327 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1905, making it approximately 121 years old.

What is the lot size of this property?

314 E 2nd St sits on a 0.17-acre lot, which is 7,405 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Finleyoate
  • Middle: Rather
  • High: Bonham

Want to see how these schools compare? Check out our Fannin County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 314 E 2nd St?

The most recent public record shows annual property taxes for 314 E 2nd St were approximately $1,263. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 314 E 2nd St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, North Texas Real Estate Information Systems (NTREIS). All rights reserved.

Last Updated: November 11, 2026 at 10:27AM | Source: North Texas Real Estate Information Systems (NTREIS) | MLS#: 21136033