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3503 S Fm 271, Bonham, TX, 75418

$275,000

Home List Price

$3,266*

Closing Credit

3 Bedrooms
2 Full Baths
1,686 SqFt
$163/SqFt
House

Location

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3503 S Fm 271, Bonham$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage, Open
Year Built1970
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #20802856
Lot Size5.00 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 3503 S Fm 271

Nice Country Setting on 5 Acre tract of land just minutes south on Bonham. Acreage includes a barn with stalls and tack room, corrals, fruit trees and pasture. Home is mostly remodeled with a few things left to do, kitchen, living room and garage conversion have been mostly updated. Split Bedroom features, One on suite bedroom and room to add a bath in the new garage conversion. This property should be a viable option for anyone looking for a home on small acreage in the hilly part of Fannin County under 300k..

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1970
  • Living Area: 1,686 SqFt

Listing Office:

  • Office Name: Weichert Realtors-Solid Ground
  • Office Phone: (903) 583-4900
  • Listing Agent: JAMES SIMPSON

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater
  • Basement: No
  • Interior: Eat-in Kitchen, Kitchen Island

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: No Garage, Open

Virtual/3D Tour

  • Virtual Tour: 3503 S Fm 271
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 5.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Highway 78 south from Bonham, left on FM Highway 271, go past Bonham State Park and property will be on your left just across from Morris Chapel Cemetery.

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $163/SqFt

Tax Information:

  • Annual Amount: $530
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bonham, TX.

Med. List Price

$242K

Med. Price/SqFt

$166

Avg. Days On Market

108

# of Sold Homes

10

3503 S Fm 271 vs Bonham

7 DAYS ON ROCKET

-101 Days

$275,000

+$33K More

$163/SqFt

-$3 Less

KEY TAKEAWAY

This property is $33K more than the Median List Price and $3/SqFt less than other homes in Bonham, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20802856

Listing Office:

  • Office Name: Weichert Realtors-Solid Ground
  • Office Phone: (903) 583-4900
  • Listing Agent: JAMES SIMPSON

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 1/2/2025, 9:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$530$112,200
2019$530$112,770
2018$1,889$95,845
2017$1,714$87,132

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-89525
2
/10
  • Finley-Oates Elementary School

  • 1901 Albert Broadfoot St

  • 5.19 miles

  • Public District Grades KG-3

school-card-donut-89526
4
/10
  • Ector Elementary School

  • 301 S Main St

  • 8.26 miles

  • Public District Grades PK-6

school-card-donut-89527
4
/10
  • Leonard Intermediate School

  • 501 E Hackberry St

  • 11.39 miles

  • Public District Grades 4-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,643. The most common annual income of people living in Bonham, TX is between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3503 S Fm 271

What is the listing price of this property?

The listing price of 3503 S Fm 271 property is $275,000.

What type of property is this?

The property 3503 S Fm 271 is a house located in Bonham, Texas, 75418.

Is this property for sale now?

Accepting Backup Offers: 3503 S Fm 271 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $530 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3503 S Fm 271 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3503 S Fm 271 is 1,686 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3503 S Fm 271 is 1970.

Rocket HomesTexasFannin CountyBonham754183503 S Fm 271

This home is located at 3503 S Fm 271 in Bonham, TX and zip code 75418. This 1,686 square foot home, which was built in 1970, sits on a 5.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 26, 2024 and is currently priced at $275,000.

The number of listings in Bonham, TX increased by 2.7% between November 2024 and December 2024. While the average time on the market in December 2024 was 108 days, the median list price was $242,000.

From Rocket Homes Real Estate and based on county public records data.

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