Fannin County Homes under $250,000

Welcome to Fannin County, Texas, a hidden gem in the heart of North Texas that offers a perfect blend of small-town charm and natural beauty. Nestled between the picturesque landscapes of rolling hills and serene lakes, Fannin County is an ideal location for those seeking a peaceful lifestyle combined with easy access to urban conveniences. Known for its friendly communities and rich history, this county is home to vibrant towns like Bonham, the county seat, where you’ll find delightful shops, local eateries, and a warm community spirit.

For homebuyers on a budget, Fannin County is a treasure trove of affordable real estate options. With homes available for under $250,000, this area presents an excellent opportunity for first-time buyers, families, and investors alike. Whether you’re looking for a quaint cottage, a spacious family home, or a cozy retreat, Fannin County has something to suit every taste and need.

Imagine waking up to the tranquility of nature, with the opportunity to explore beautiful parks, enjoy fishing on Lake Bonham, or take leisurely strolls through charming neighborhoods. The county’s low cost of living, combined with its welcoming atmosphere, makes it an attractive destination for anyone looking to settle down in a community that values connection and quality of life.

With a variety of homes available at budget-friendly prices, Fannin County is not just a place to live; it’s a place to thrive. Come discover your dream home in this idyllic setting, where affordability meets opportunity!

Newest Fannin County Homes under $250,000

$110,000

2 Beds ⋅ 1 Baths ⋅ 21404458 MLS

Welcome to this cozy and charming cottage nestled in the heart of the quaint and growing community of Bonham, Texas! This inviting 2-bedroom, 1-bath home features beautiful hardwood floors, plenty of character, and a warm, welcoming atmosphere. Situated on a spacious quarter-acre lot in an established neighborhood, this property offers the perfect blend of small-town charm and convenience. Within walking distance of historic downtown Bonham, you'll enjoy easy access to local shops, restaurants, and the charming town square. Outdoor enthusiasts will appreciate being close to several area lakes, including the recently opened Bois d'Arc Lake, offering wonderful opportunities for fishing, boating, and recreation. Conveniently located approximately 30–35 minutes from Sherman, 40–45 minutes from Paris, 45–50 minutes from McKinney, and approximately 1 hour and 20 minutes from DFW International Airport. Whether you're searching for a cozy place to call home, a charming weekend getaway to escape the hustle and bustle of city life, or an investment opportunity, this delightful cottage offers endless possibilities in a wonderful small-town setting!

1007 Willow St, Bonham

$189,000

3 Beds ⋅ 2 Baths ⋅ 21406143 MLS

Welcome home to a very well maintained home nestled in the town of Bailey. Sitting across from the city park, this charming residence is the perfect blend of comfort, style and functionality. Step inside to an open-concept living and dining area that flows seamlessly into spacious kitchen that is ideal for everyday living and entertaining. Entering the backyard, there sits a pergola for your morning coffee or relaxing evenings. There is also a 12x25 storage building for extra storage!

402 Cleveland St, Bailey

$185,000

3 Beds ⋅ 2 Baths ⋅ 21406469 MLS

Discover the perfect blend of comfort and convenience in this charming 3-bedroom, 2-bathroom home located right in the heart of town. This inviting residence puts you just moments away from the best local shopping, healthcare, and recreational activities, making daily errands a breeze. Whether you are starting your homeownership journey or looking for a cozy place to settle down, this home offers an incredible opportunity at an affordable price. All measurements are approximate and deemed reliable but not guaranteed; square footage, lot size, and room dimensions are estimates and should be verified.

228 E Boyd Ave, Bonham

$195,000

3 Beds ⋅ 2 Baths ⋅ 21405010 MLS

Fully Renovated 3BD-2BA Gem Near Historic Downtown Bonham – Like-New Construction! Experience the worry-free lifestyle of modern construction paired with the charm of living near historic downtown Bonham. Recently rebuilt from the studs up, this 3-bedroom, 2-bathroom home offers complete peace of mind with brand-new essential systems, including a new HVAC system, updated electrical service, new hot water heater, fresh interior and exterior paint, and stylish vinyl plank wood flooring and blinds throughout. The windows were replaced in 2024. As you step inside, you are greeted with an open, sunlit floor plan. At the heart of the home is the contemporary kitchen with shaker-style cabinetry, sleek granite countertops, and a new electric range and dishwasher. The new refrigerator and microwave will remain. Both bathrooms feature new vanities and new shower-tub enclosures. Outside, enjoy a spacious backyard equipped with a new privacy fence, a large storage shed (6x10) – perfect for a workshop or just extra storage – and a beautiful deck (14x11) that is perfect for entertaining or just enjoying your morning coffee! The home also has a 12x21 carport. Minutes from Bonhams local dining, shopping, and the town square, this turnkey property is low maintenance and ready for its new owners. Schedule your private showing today before its gone!

506 W 7th St, Bonham

$105,000

2 Beds ⋅ 1 Baths ⋅ 21403410 MLS

Historic Charm & Timeless Character in the Heart of Bonham Step into the charm and character of another era at 103 S Center St in Bonham, Texas. This unique 2-bedroom, 1-bath home offers beautiful original hardwood floors, classic details, and a story of its own. The bathroom features a charming clawfoot tub, adding a touch of vintage elegance that perfectly complements the home's character. Throughout the home, the original hardwood floors bring warmth, beauty, and timeless appeal. Upstairs, discover an intriguing piece of the home's history — an attic space that was once used as a bedroom. The original door still opens with a skeleton key, offering a rare glimpse into the home's past and adding to its unmistakable historic personality. Whether used for storage, a creative space, or simply appreciated as a unique architectural feature, this area is sure to spark conversation. The property also offers an exciting opportunity with the vacant lot behind the home. The lot previously had a house on it, creating potential for future use or possibly another structure, subject to city approvals, zoning, utilities, and applicable restrictions. With its original character, beautiful hardwood floors, clawfoot tub, skeleton-key attic, and additional land, this is more than just a house — it's a property with history, personality, and possibilities. Come see this special Bonham property and discover the charm for yourself!

103 S Center St, Bonham

$159,000

3 Beds ⋅ 2 Baths ⋅ 21400502 MLS

Great opportunity in Honey Grove! This home underwent an extensive remodel approximately 3 years ago, including the addition of a bedroom and second bathroom, interior updates throughout, and foundation repairs. After being tenant-occupied for the past 3 years, the property is ready for some TLC and has experienced some foundation movement. Buyers have options—purchase AS-IS at a price that allows room to make improvements and build equity, or the seller is open to completing agreed-upon repairs with an acceptable offer and approved financing. A great opportunity for a buyer looking to customize a home and add value!

903 14th St, Honey Grove

$235,000

4 Beds ⋅ 2 Baths ⋅ 21399800 MLS

Rare multi-home property offering space, flexibility, and built-in value in the quiet community of Bailey. This .75-acre property includes two separate homes: a 4-bedroom main mobile home plus a charming 2-bedroom cottage, ideal for multi-generational living, rental income, or a private guest retreat which features approximately 1500 sq ft, durable LVP flooring in main areas, and cozy carpeted bedrooms. Enjoy outdoor living on the covered wooden deck, perfect for morning coffee or evening relaxation. The high-end appliances stay with the home, such as washing machine, dryer, and commercial upright freezer. The second home is a 2-bedroom, single bath cottage offering additional living space, guest accommodations, or investment potential. Each home includes two- car carport, a large storage shed, and a spacious yard suited for projects, gardening, or outdoor enjoyment. Conveniently located about 15 miles from Bonham, this property offers peaceful small-town living with easy access to shopping, dining, and everyday amenities. A versatile setup with two homes, multiple outbuildings, and modern updates—a standout opportunity ready for your next chapter.

112 Se Front St, Bailey

$163,500

2 Beds ⋅ 1 Baths ⋅ 21400943 MLS

Welcome to this charming 1,178 sq. ft. home nestled on nearly half an acre, offering 2 bedrooms and 1 bathroom, plus a flexible front room that could be used as a bedroom or living room. The spacious, tree-shaded lot features beautiful, mature pecan trees, creating a peaceful outdoor setting with plenty of room for kids to play, pets to roam, or simply enjoy the extra space. A 21’ x 23’ workshop with electricity provides even more versatility—perfect for projects, hobbies, storage, or a dedicated workspace. With its generous lot, mature trees, workshop, and abundant outdoor space, this property offers plenty of opportunity to make it your own and enjoy a little more room to spread out and relax.

1115 S 6th St, Bonham

$220,000

2 Beds ⋅ 1 Baths ⋅ 21392931 MLS

Come tour this pristine single story 2 bedroom home situated on a .425 acre lot nestled in the desirable Lindawood Acres Neighborhood. This charming brick residence features a flexible floor plan with beamed ceilings, cozy fireplace, and and warm laminate wood flooring throughout. (no carpet) The kitchen offers ample cabinetry, a breakfast bar, and an adjoining dining room that creates a functional inviting space for meals and conversation. The spacious bedrooms ensure comfort and generous closet space. Large 2-car garage includes expanded storage capacity. Savor outdoor living in the expansive backyard with majestic mature trees, perfect for a garden, play area or outdoor entertaining. Located just minutes from Downtown Bonham, schools, VA Medical Center and local amenities with excellent commuter connectivity via Hwy 82 to Sherman and 121 toward Mckinney.

503 Wes Michael Rd, Bonham

$35,000

21397544 MLS

Here is a great lot to build on inside the city limits of Bonham. This is a large lot with new homes surrounding it. It sits on the corner of Katy and 7th St. No known restrictions.

809 E 7th St, Bonham

$210,000

3 Beds ⋅ 2 Baths ⋅ 21395486 MLS

Come home to a little more breathing room and a lifestyle that feels refreshingly uncomplicated. This newer Bonham home combines modern finishes with an easy, open layout that makes everyday life feel comfortable from the moment you walk through the door.The kitchen truly sits at the heart of the home, with a large island that’s ready for morning coffee, quick weeknight dinners, or gathering with friends. Stainless steel appliances, generous counter space, and plenty of cabinetry keep everything functional without sacrificing style. Natural light carries throughout the open living and dining areas, creating a bright space that feels equally suited for quiet nights at home or a house full of guests. The private primary suite gives you a comfortable place to recharge, while the additional bedrooms can easily adapt as life changes, whether you need guest space, a home office, or room for hobbies. Outside, there’s space to garden, entertain, let the pets play, or create the backyard you’ve been imagining. Living in Bonham gives you the charm and slower pace of a smaller Texas community while keeping shopping, dining, recreation, and everyday necessities within easy reach. It’s a great opportunity for buyers looking for a newer home, modern comfort, and a little more room to enjoy life.

805 S 4th St, Bonham

$219,500

3 Beds ⋅ 2 Baths ⋅ 21396605 MLS

Welcome to 2108 N Village Drive, a well-located 3-bedroom, 2-bath home in an established Bonham neighborhood. This inviting property offers a comfortable floor plan with spacious living and dining areas, a cozy fireplace, and a functional kitchen with plenty of room for everyday living and entertaining. The primary bedroom provides a comfortable retreat, while two additional bedrooms offer flexibility for family, guests, or a home office. Outside, enjoy a large covered patio overlooking the backyard—an ideal spot for morning coffee, weekend gatherings, or relaxing evenings. The property also features an attached two-car garage and a conveniently located lot with mature neighborhood surroundings. Located close to schools, shopping,and dining this home offers an excellent opportunity for a buyer looking for an established home in a convenient Bonham location. Come see the possibilities at 2108 N Village Drive!

2108 N Village, Bonham

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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