509 Lipscomb Street
Bonham, TX 75418
Map
- 2 beds
- 1 bath
- 986 sqft
- 7,535 sqft lot
- $162 per sqft
- 1965 build
- – on site
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.
Last checked:
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Last updated Jun 24, 2025
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MLS# 20975208 —
The Building
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Year Built:1965
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Structural Style:Single Detached
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Accessibility Features:No
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Basement:No
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Foundation Details:Concrete Perimeter
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Levels:One
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Construction Materials:Brick
Interior
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Interior Features:Built-in Features, Cable TV Available, Eat-in Kitchen
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:986.00
Location
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Directions:Across from TMC Bonham hospital. Use GPS
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Latitude:33.57875900
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Longitude:-96.16771100
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:Yes
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Parcel Number:000000091742
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:7535.8800
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Lot Size Acres:0.1730
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Lot Size Area:0.1730
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Lot Size Units:Acres
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:2
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Tax Block:1
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Tax Legal Description:FRANCIS ADDN, BLOCK 1, LOT 2
Beds
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Bedrooms Total:2
Baths
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Total Baths:1.00
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Total Baths:1
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Full Baths:1
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20975208
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:City Sewer, City Water, Individual Gas Meter
Appliances
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Appliances:Dishwasher, Gas Cooktop
Schools
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School District:Bonham ISD
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Elementary School:Evans
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Elementary School Name:Evans
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Jr High School Name:Rather
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High School Name:Bonham
The Community
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Subdivision Name:Francis Add
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Pool:No
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Association Type:None
Parking
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Garage:Yes
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Attached Garage:Yes
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Garage Spaces:1
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Covered Spaces:1
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Parking Features:Garage, Private
Monthly cost estimate
Asking price
$160,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$856
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| Taxes | N/A |
| Insurance | $44 |
| Utilities | $143 See report |
| Total | $1,043/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
