Downtown & the courthouse square
HistoricOlder homes within reach of the 1888 courthouse square, local shops and restaurants.
Homes near Downtown & the courthouse squareServing North DFW & North Texas

2026 Bonham community guide · Fannin County
Fannin County’s courthouse town, with Sam Rayburn’s history, Bonham State Park, the new Bois d’Arc Lake and some of the best land values within reach of DFW.
By Shayla Eadler, Broker & Owner (TREC #747934) · Updated
For sale now
Most Bonham-area listings are in-town homes, country homes on acreage and raw land. Start with the latest listings, or search land and ranches across Fannin County.
MLS# 21425682
Weichert Realtors-Solid Ground
MLS# 21425626
Weichert Realtors-Solid Ground
MLS# 21425462
Century 21 Harvey Properties
MLS# 21425363
DFW Elite
MLS# 21424063
Ten Twenty Realty LLC
MLS# 21425020
Nada Homes
01Overview
Bonham suits buyers who want small-town living, land and lakes at a lower price. The typical home value is about $226,000, Bois d’Arc Lake opened just northeast of town in 2022, and Fannin County acreage is among the best values within reach of DFW. The trade-offs are a long drive to Dallas (about an hour and 20 minutes), fewer shops and services, and a city tax rate that rose for 2026–27.
Bonham began in 1837 as Fort Inglish, a blockhouse built by settler Bailey Inglish, and was renamed for Alamo defender James Butler Bonham in the 1840s. It is the Fannin County seat, and its 1888 courthouse is being restored through the Texas Historical Commission’s courthouse program.
It is also the hometown of Sam Rayburn, the longest-serving Speaker of the U.S. House. His 1916 home is a state historic site, and the Sam Rayburn Library and Museum, opened in 1957, holds the original House Speaker’s rostrum.
Bonham has about 11,300 residents (July 2025 Census estimate), and Fannin County about 39,300. The newest draw is Bois d’Arc Lake, a North Texas Municipal Water District reservoir with free public boat ramps that is bringing fresh interest to the countryside northeast of town.
At Bois d’Arc Lake, the water district owns the land below the 541-foot contour, so lake-adjacent buyers don’t own to the water. Private docks are allowed only on shoreline classified “Dock Capable,” with an NTMWD lease. We check the shoreline class before you make an offer.
02Honest take
What we tell our own clients before they make a move.
Pros
Cons
03Where to live
Bonham is a small town, so buyers usually choose an area and a lifestyle rather than a subdivision: in-town historic homes, lake country or acreage.
Older homes within reach of the 1888 courthouse square, local shops and restaurants.
The west side of town along SH-56, home to the Sam Rayburn House and Library.
Rural acreage and lake-adjacent lots northeast of town. Docks are allowed only on NTMWD “Dock Capable” shoreline with a lease.
Rural homes southeast of town near the 261-acre state park and its 65-acre lake.
Pasture, homesteads and farm-and-ranch tracts across the county, from a few acres to working ranches.
New-construction subdivisions in Bonham are limited and change quickly. Ask us for current builder communities and lots, including properties that never reach the big portals.
04Market
Zillow’s typical Bonham home value was about $226,000 at the end of August 2026, down about 3.3% from a year earlier, and the median sale price in ZIP 75418 was about $225,000 over the past 12 months. Sales volume is small (dozens of sales a year, not hundreds), so individual homes vary widely in price.
Land is a big part of the local market. Pricing per acre depends heavily on road frontage, water, trees, soils and whether the property qualifies for ag valuation, which is why we walk land with our buyers.
Live from the NTREIS MLS for homes in Bonham (houses, townhomes and condos). Sold figures cover the last 60 days.
Monthly Bonham market report with trends Compare Bonham with nearby towns
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05Budget
For 2025, Bonham’s combined rate was about $1.94 per $100 (city $0.55, Bonham ISD about $1.0088 and Fannin County about $0.38). The city adopted a higher rate of $0.66 for FY2026–27, citing revenue lost to the over-65 tax freeze and a new state business-property exemption, which brings the 2026 total to about $2.05.
| Taxing unit | Rate per $100 of value |
|---|---|
| City of Bonham (FY2026–27) | $0.660000 |
| Bonham ISD (2025) | ≈ $1.008800 |
| Fannin County (FY2024–25) | $0.380809 |
| Typical total | ≈ $2.05 (2026) |
The city estimates its FY2026–27 increase adds about $319 a year on a $200,000 home.
Land with an agricultural valuation is taxed on productive value, not market value, which can cut the bill dramatically. Ask us before you change how a tract is used: losing ag valuation can trigger a rollback tax.
| Service | Provider |
|---|---|
| Electricity | In town: Oncor area with retail choice. Rural Fannin County: electric co-op service |
| Water & sewer | City of Bonham (North Texas Municipal Water District supply); rural water supply corporations or wells outside town |
Tax rates are the adopted 2025–26 rates and change every year. Verify any address with the Fannin Central Appraisal District before you buy. Estimate your payment →
06Education
Bonham ISD serves about 2,000 students across five campuses, from Bailey Inglish Early Childhood Center to Bonham High School, which moved into a new building funded by a 2016 bond. TEA rated the district C for 2024–25, and its four-year graduation rate was 97.5%. Voters approved a $64.4 million bond in 2023 for junior high renovations and campus reorganization.
| School district | What to know |
|---|---|
| Bonham ISD | Bonham and surrounding countryside; about 2,000 students; 97.5% graduation rate. |
| Nearby rural districts | Acreage outside town may be in Honey Grove, Dodd City, Leonard, Savoy or other districts. Confirm by address. |
School boundaries change as districts grow. We confirm the assigned campuses for every home before you make an offer.
07Location
US-82, SH-56, SH-78 and SH-121 run through Bonham. Most commuters take SH-121 southwest toward McKinney or US-82 west to Sherman. Jones Field, a city-owned airport two miles north of downtown, serves private pilots.
| Destination | Distance | Typical drive |
|---|---|---|
| Sherman | ~28 mi | 30–35 min |
| McKinney | ~39 mi | About 45 min |
| Downtown Dallas | ~71 mi | About 1 hr 20 min |
| DFW Airport | ~75 mi | 1 hr 20 min–1 hr 30 min |
Drive times are typical off-peak estimates. Allow more time at rush hour.
08Lifestyle

Free public ramps open 24/7, with ShareLunker-stocked largemouth bass, crappie and catfish.
A CCC-built park with a 65-acre lake, camping, swimming, fishing and mountain-bike trails.
The Speaker’s 1916 home, with original furnishings and his 1947 Cadillac.
Home of the original House Speaker’s rostrum and a replica of his office.
Local shops and restaurants around the 1888 Fannin County Courthouse.
A replica of the 1837 blockhouse where Bonham began.
09Everyday life
Bonham’s economy is built on county government, schools, healthcare, retail and agriculture. Many residents commute to Sherman, McKinney or Greenville, and Bois d’Arc Lake is drawing new lake-area interest.
10Quick answers
Bonham suits buyers who want small-town, lake-and-acreage living at lower prices. The trade-offs are a long commute to Dallas or DFW and fewer amenities.
It is the hometown of House Speaker Sam Rayburn, whose 1916 home and 1957 library and museum are open to visitors. It is also the Fannin County seat, founded in 1837 as Fort Inglish.
NTMWD broke ground in May 2018, dedicated the lake in October 2022 and began water deliveries in March 2023. Public access areas with free boat ramps now serve the lake.
Only on shoreline NTMWD classifies as “Dock Capable,” with a Shoreline Lease and Use Agreement, a survey, an engineer’s plans and an NTMWD-registered contractor. NTMWD owns the land below the 541-foot contour.
About 71 miles, roughly an hour and 20 minutes by car. McKinney is about 39 miles (45 minutes).
About 1.94% combined for 2025 (city $0.55, Bonham ISD about $1.0088, Fannin County about $0.38). The city raised its rate to $0.66 for FY2026–27, bringing the total to about 2.05%.
Zillow’s typical home value was about $226,000 in August 2026, down about 3% from a year earlier.
Fannin County is one of the most popular areas for acreage within a reasonable drive of DFW. Water, access, soils and restrictions vary widely, so local guidance matters.
Crime statistics are published by the Bonham Police Department. We encourage every buyer to review the data for the specific area they are considering and to visit at different times of day. As agents, we share data sources rather than opinions about which neighborhoods are “safe.”
About this guide. Written by Shayla Eadler, Licensed Broker & Owner of Ten Twenty Realty (TREC #0747934), and reviewed October 2026. Facts come from public sources, including: U.S. Census Bureau (Vintage 2025), Bois d’Arc Lake (NTMWD), Texas Historical Commission, KXII, Texas Tribune school data.

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Courtney serves Fannin County and the surrounding North and Northeast Texas towns, and knows its rural roads, acreage tracts and hometown neighborhoods.
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