920 N Center St, Bonham, TX, 75418
About This Home
RECENT PRICE REDUCTION! Prime commercial corner lot strategically positioned on high-traffic Center Street (State Highway 78), just blocks north of Bonham's downtown square. This 0.68-acre property features an existing 16,650 sq ft asphalt parking lot in excellent condition, with approximately 13,000 sq ft of additional space available for development. With commercial zoning already in place and full city services available, this turnkey site offers immediate development potential in one of Bonham's most visible and accessible locations. The substantial existing parking infrastructure provides significant value and flexibility for a wide range of commercial uses. All information deemed reliable but should be independently verified by buyer and buyer's agent.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Other
Property
Lot
- Lot size: 0.68 Acres
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
- Ice Storm
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Lightning
- Drought
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,323 | $15,876 |
| Home Insurance * | $312 | $3,744 |
| Property Taxes | $187 | $2,244 |
| Electricity | $238 | $2,859 |
| Total | $2,060 | $24,720 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-03 | Price change | $261,700 |
| 2025-11-12 | Listed for sale | $281,405 |
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