Ad #6108219
MLS #21400515
Owner-financed value-add in a Bonham Opportunity Zone. Former
1601 Kennedy St, Bonham, TX 75418
$300,000
--Beds
--Baths
21,064Sqft
1.61Acres
About this property
Owner-financed value-add in a Bonham Opportunity Zone. Former nursing home with more than 21,000 square feet under roof on 1.6 acres in a quiet residential part of town. Sold as-is. Substantial remodeling is required. Interior demolition has been started and is not finished. The slab and structure appear sound. Buyers should verify with their own inspection. A fire suppression and detection system is in place, often a major cost in a building of this type. The layout already has private rooms, corridors, a nurses' station, dining, and a med room. Possible uses, subject to zoning, licensing, and buyer due diligence, include assisted living or memory care, residential treatment or behavioral health, and disability group housing. Confirm Opportunity Zone tract status before relying on any tax benefit. Owner financing will require at least 20 percent down payment. NOTE! Year built is not available through tax records and 1970 is strictly an estimate.
Property Features
0 Beds
0 Baths
21,064 Sqft
Built in 1970
1.61 Acres
1 Story
Parking Lot
Siding: Brick
Shingle, Asphalt Roof
Natural Gas, Central
$17,794 / yr property tax
Fannin County
H Burkhardt Surv Abs # 112 Community
Additional Photos
Contact Information
David Cullar
RE/MAX DFW Associates
972-462-8181
Location
Listing Agent: David Cullar 972-462-8181
Broker: RE/MAX DFW Associates 972-462-8181 Listing Site
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: RE/MAX DFW Associates 972-462-8181 Listing Site
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Oct 29, 2026
Photo Gallery
$300,000
--
Beds
--
Baths
21,064
Sqft
1601 Kennedy St, Bonham, TX 75418
By contacting this agent you agree to these Terms and Conditions.
MLS# 21400515
$300,000
1601 Kennedy St, Bonham, TX 75418
--
Beds
--
Baths
21,064
Sqft
1.61
Acres
-- Beds
-- Baths
21,064 Sqft
1.61 Acres
Accessibility Features
Accessible Approach with Ramp
Owner-financed value-add in a Bonham Opportunity Zone. Former
Owner-financed value-add in a Bonham Opportunity Zone. Former nursing home with more than 21,000 square feet under roof on 1.6 acres in a quiet residential part of town. Sold as-is. Substantial remodeling is required. Interior demolition has been started and is not finished. The slab and structure appear sound. Buyers should verify with their own inspection. A fire suppression and detection system is in place, often a major cost in a building of this type. The layout already has private rooms, corridors, a nurses' station, dining, and a med room. Possible uses, subject to zoning, licensing, and buyer due diligence, include assisted living or memory care, residential treatment or behavioral health, and disability group housing. Confirm Opportunity Zone tract status before relying on any tax benefit. Owner financing will require at least 20 percent down payment. NOTE! Year built is not available through tax records and 1970 is strictly an estimate.
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Property Details
HOME DETAILS
0 Beds
0 Baths
21,064 Sqft
Built in 1970
1.61 Acres
1 Story
EXTERIOR
Parking Lot
Siding: Brick
Shingle, Asphalt Roof
INTERIOR
Natural Gas, Central
FINANCIAL & COMMUNITY
$17,794 / yr property tax
Fannin County
H Burkhardt Surv Abs # 112 Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
6108219
Viewed
28 times
Listing Status
Active
Added
Oct 02, 2026
Last Refreshed
Oct 29, 2026 01:46:33 PM
Listing Information
Data Source
North Texas Real Estate Information Systems, Inc
Source Property ID
21400515
Listing Agent: David Cullar 972-462-8181
Broker: RE/MAX DFW Associates 972-462-8181 Listing Site
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: RE/MAX DFW Associates 972-462-8181 Listing Site
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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