509 LIPSCOMB STREET, BONHAM, TX 75418

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509 Lipscomb Street

Bonham, TX 75418

Status of the property has changed, please contact for details

List Price$139,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20975208

2

Bedrooms

1 full

Bathrooms

986

Square Feet

House

Type

About This Property

Reduced to sell! 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 pier and beam 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.

Property Features

Location Information

County

Fannin

Subdivision

Francis Add

Interior Features

Rooms

First Floor Bedroom, First Floor Living Room, First Floor Primary Bedroom

Has Fireplace

No

Interior

Built-in Features, Eat-in Kitchen, Cable TV

Number of Fireplaces

0

Master Bedroom Description

0 x 0

Heating

Central

Full Baths

1

Cooling

Central Air

Living Room Description

0 x 0

Appliances

Dishwasher, Gas Cooktop

Exterior Features

Style

Detached

Has Garage

Yes

Stories

1

Garage Spaces

1

Construction

Brick

Pool Description

None

Foundation

Concrete Perimeter

Lot Size in Acres

0.173

Water / Sewer

Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available

Lot Size in Sq. Ft.

7,535

Utilities

Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available

Is One Story

Yes

Parking Description

Garage, Private

School

Elementary School District

Bonham ISD

High School

Bonham

Elementary School

Evans

Additional Information

Property Type

SFR

Status

Active

Property SubType 2

House

Has a Home Owners Association

No

Property SubType

Single Family Residence

Tax Annual Amount

2118.0

Year Built

1965

Similar Listings

Mortgage Calculator

$647

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$500

Monthly Tax

$115

Monthly Insurance

$32

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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