501 Lipscomb St, Bonham, TX 75418 Property Records

Fannin County property record for 501 Lipscomb St, Bonham, TX 75418

Property Summary

Property TypeCommercial
Details10,345 sqft
Lot Size0.842 acres (36,678 sqft)
OwnerCompany Name on Record
Tax Bill$5,877 (2025)
Flood ZoneZone X (minimal risk)
APN0560-144-0000-05

Property Details

APN / Parcel Number

Primary APN0560-144-0000-05
Alternative APN
  • 77339

Interior

Building Area10,345 sqft Total Area
1st Floor Area9,433 sqft

Exterior

Lot Area36,678 sqft (0.842 acres)
Lot Dimensions93 ft deep x 436 ft wide

Location & Zoning

Account Number0560-144-0000-05
Street Address501 LIPSCOMB ST
CityBONHAM
StateTX
Zip75418-4027
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionA0560 BAILEY INGLISH, ACRES .842
JurisdictionFANNIN TX
Township / Civil DivisionBONHAM
Census Block Group2
Census Block2036
Census Tract950402

Owner

Source: Fannin County records, as of December 2, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1431 N TENNESSEE ST, MCKINNEY, TX 75069-1833
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last Transfer DateFeb 17, 2010
Transfer Doc0546/1483
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

Source: Fannin County assessment roll, as of November 18, 2025

Property Jurisdictions

TypeName
StateTexas
MunicipalityBonham City
CountyFannin County
Unified School DistrictBonham Independent School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$5,877.00 (-37.18%)$303,000 (-21.3%) Land $139,380 Building $163,620$303,000 (-21.3%) Land $139,380 Building $163,620
2024$9,356.00 (+30.14%)
2023$385,000 Land $116,270 Building $268,730$385,000 Land $116,270 Building $268,730
2018$7,189.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 16, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskModerate
above 40% of the US · lower than 85% of Texas
Wildfire Likelihood0.06% annual chance
ExposureIndirect
within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF BONHAM
serves 10,746 people · EPA ID TX0740001
Water SourcePurchased surface water from NORTH TEXAS MWD - BONHAM WTP
Last State InspectionMar 2024
LeadUnder 1 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 74 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Frontier
Fiber
7,000 / 7,000
Sparklight
Cable
1,000 / 50
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Nextlink.

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