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14867 Fm 274, Bonham, TX, 75418

5beds
6baths
4,571sqft
$1,549,999
$339price/sqft
$11,022/moest. monthly cost
$440,880/yrincome needed

About This Home

Discover an exceptional 56.27 acre ranch for sale in Bonham, Texas offering an ideal combination of luxury living, productive pastureland, recreational water features, and turnkey livestock improvements. Located at 14867 FM 274, Bonham, TX, this highly desirable North Texas property is positioned for both full-time country living and weekend retreat use, with convenient access to Bonham, Sherman, and the Dallas suburbs. The centerpiece of the ranch is a recently renovated two-story home encompassing approximately 4,571 square feet. Designed for comfort and functionality, the residence includes 4 bedrooms and 5 bathrooms, providing ample space for owners and guests. Interior features include a gourmet kitchen with a large island, formal dining area, spacious family room, dedicated office, laundry room, front sitting room, attached garage, carport, and a covered patio overlooking the scenic ranch setting. The home blends classic ranch appeal with modern updates, making it move-in ready. The land itself offers a beautiful mix of rolling hills, open pasture, and mature pecan trees, creating a picturesque setting with agricultural and recreational value. The established pasture is currently set up for cattle production but also offers excellent potential as a horse property in Fannin County, Texas. Cross fencing, pipe fencing, barb wire fencing, cattle guards, and a cattle working pen with chutes provide the infrastructure needed for efficient livestock operations. Water is a major highlight of this ranch. A stunning 2 acre bass lake serves as a centerpiece for fishing, wildlife viewing, and outdoor enjoyment. In addition, the property includes two ponds, enhancing water availability for livestock and wildlife habitat. Ducks and geese are regularly seen on the property, making this an attractive option for buyers seeking a Texas recreational ranch with waterfowl potential. Additional improvements include a spacious 2,880 square foot barn featuring an efficiency apartment with utilities. This versatile structure can be used for guest lodging, ranch help quarters, equipment storage, workshop space, or hobby use. Utilities in place include co-op water, electricity, and septic, adding convenience and long-term functionality. Accessibility is another standout feature with approximately 1,900 feet of county road frontage, allowing for easy entry, excellent visibility, and potential future flexibility. The location places you minutes from downtown Bonham, within easy reach of Sherman, and less than an hour from expanding North Dallas communities. Outdoor recreation opportunities continue beyond the ranch boundaries, as the property is a short drive from Bois D'Arc Lake and the developing Lake Ralph Hall, two major North Texas destinations known for boating, fishing, and long-term regional growth. Whether you are searching for a Bonham TX ranch for sale, a cattle operation, horse property, country estate, or investment land with premium improvements, this property checks every box. With quality water features, a large updated home, mature trees, strong fencing, and a strategic location, this ranch is ready for immediate enjoyment and long-term ownership.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

3/10
5/10
Rather L High SchoolGrades 7-84.7 mi
3/10
Bonham High SchoolGrades 9-124.0 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6

Interior Area

  • Total structure area: 4,571
  • Total interior livable area: 4,571 sqft

Property

Details

  • Parcel number: 81064

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Ice Storm
    Ice StormVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Heat Wave
Ice Storm
Strong Wind
Tornado
Cold Wave
Hail
Lightning
Drought
Inland Flooding
Wildfire

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,837$94,044
Home Insurance *$1,849$22,188
Property Taxes $835$10,020
Electricity $501$6,023
Total$11,022$132,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$377,897/yr
40% on housing$330,660/yr
45% on housing$293,920/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$339This listing

vs Other Active Listings

Avg $/sqft

ZIP 75418$157
Fannin County$184

vs Homes Sold Last Month

Median $/sqft

ZIP 75418$144
Fannin County$161

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-02Price change$1,549,999
2026-02-12Price change$3,799,999
2026-02-12Price change$2,899,999
2026-01-14Price change$3,999,999
2026-01-14Price change$2,999,999
2025-02-20Price change$3,299,000
2025-02-18Listed for sale$4,599,000
2025-02-04Listing removed$5,299,999
2024-08-30Price change$5,299,999
2024-05-22Listed for sale$5,590,000

For Sale by Agent

AgentWhitetail Properties
BrokerageWhitetail Properties

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