518 S 3rd St

$25,000
Price
9,016 / 0.21
Lot Size / Acres

Description

Great building lot located in South Bonham. This neighborhood in Bonham is being revitalized. Located near Powder Creek Park, which offers a beautiful walking trail, Splash pad, covered area for picnics and wonderful park for Children to explore. Nice opportunity to build a single family home or Duplex. No survey available.Great building lot located in South Bonham. This neighborhood in Bonham is being revitalized. Located near Powder Creek Park, which offers a beautiful walking trail, Splash pad, covered area for picnics and wonderful park for Children to explore. Nice opportunity to build a single family home or Duplex. No survey available.
  1. Listed by Penny Meyer • TREC #0673571 • Penny Meyer

Property Details for 518 South 3rd Street

Subdivision Name
Reich Add
Zoning Description
Contact City of Bonham for questions regarding zoning
LISTING UPDATED: 12/22/2025 07:06 PM

Property Details for 518 South 3rd Street

StatusActive
MLS #20947701
Days on Market204
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Unimproved Land
Year Built-
Lot Size0.21 AC
CountyFannin County

Location

Listing Courtesy of Penny Meyer, Penny Meyer
Add your commute

Building Information for 518 South 3rd Street

Lot Size0.21 AC

Payment Calculator

$165 per month

30 year fixed, 6.28% Interest

Principal and Interest

$124

Property Taxes

$41

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 518 South 3rd Street

Summary
Location and General Information
  • Block: 27
  • Directions: Please use GPS
  • Elementary School: Evans
  • Elementary School Name: Evans
  • High School: Bonham
  • High School Name: Bonham
  • Junior High School: Rather
  • School District: Bonham ISD
  • Geocode Confidence: High
  • Latitude: 33.57
  • Longitude: -96.18
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: REICH ADDN, BLOCK 27, LOT E 60' OF 5,6
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: E
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Waterfront: No
  • Horse Permitted: No
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water, Electricity Available
Property and Assessments
  • AG Exemption: No
  • Financing Proposed: Cash, Conventional
  • Loan Type: Treat As Clear
  • Restrictions: No Known Restriction(s)
  • Property Match: Address
Lot Information
  • Development: City Limits
  • Easements: Electric, Natural Gas
  • Lot Features: Few Trees, Interior Lot
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.207
  • Lot Size Area: 0.207
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9016.92
  • Multi Parcel ID: No
  • Number Of Lots: 1
  • Parcel Number: 000000093251
  • Road Frontage: City Street
  • Subdivided: No
  • Current Use: Residential

Property History for 518 South 3rd Street

DateEvent & SourcePriceAppreciation
Nov 20, 2025

Price Change

NTREIS #20947701

$25,000—
Aug 2, 2025

Price Change

NTREIS #20947701

$35,000—
Jun 10, 2025

Listed (Active)

NTREIS #20947701

$39,900—
DateEvent & SourcePrice
11/20/2025

Price Change

NTREIS #20947701

$25,000
08/02/2025

Price Change

NTREIS #20947701

$35,000
06/10/2025

Listed (Active)

NTREIS #20947701

$39,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 518 South 3rd Street

Taxable ValueLand$31,230Additions$80Total$31,310
Tax Record2024$494 ($41 / month)
Home Facts
Beds0Total Finished SqFt926 SqFtAbove Grade Finished SqFt926 SqFtLot Size8,999 SqFtStyleSingle Family ResidenceYear Built1950CountyFANNINAPN93251

Schools near 518 South 3rd Street

This home is within Bonham Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Finley-Oates Elementary School
PublicK to 3

Evans Elementary School
Public4 to 6

Rather L High School
Public7 to 8

Bonham High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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518 South 3rd Street is a 0.21 ac of land for sale in Bonham, TX 75418. This property was listed for sale on June 10, 2025 by Penny Meyer, it's currently listed at $25,000. This listing's school district is Bonham Independent School District. Nearby schools include Finley-Oates Elementary School, Evans Elementary School and Rather L High School. 518 South 3rd Street is a 0-bed, 0-bath, 0.21 ac of land on a 9,016 sq. ft. / 0.21 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Penny Meyer, Penny Meyer

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 12/22/2025 07:06 PM