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$90,000 -$6,000 (-6.25%) Price Reduced

  • For Sale
  • Active
  • Business
  • 1,456 Sq. Ft.
  • 0.152 Acres
  • Updated 2 days ago
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Opportunity knocks at 501 Katy Boulevard in Bonham! This commercial shop is located on a corner lot along heavily traveled Katy Blvd (Hwy 56), providing excellent visibility and convenient access. The building is in need of repair and priced accordingly-perfect for investors, tradesmen, or entrepreneurs looking to renovate or repurpose a versatile space. Plenty of room for parking or outdoor use. Just minutes from downtown Bonham and US-82, this property offers strong potential in an area poised for continued growth. Sold as-is. Additional properties also for sale: 501 Katy Blvd - Distressed shop on a corner lot 503 Katy Blvd - Residential structure in need of repair 816 & 820 E 6th St - Spacious corner lot on the same street All properties are being sold as-is-purchase individually or as a package for even greater potential.

Full Property Details for 501 Katy Blvd

General

  • Price: $90,000
  • Taxes: $1,060
  • Status: Active
  • Type: Business
  • Source: NTREIS
  • MLS ID: 20928202
  • Updated: 5/6/2026
  • Added to Site: 366 day(s) ago

Business

  • Business Type: Auto Service

Interior

  • Flooring: Concrete

Parking

  • Parking Features: Driveway

Location

  • County: Fannin
  • Subdivision: Inglish Estate Add
  • Driving Directions: Hwy 56 East of square to Katy Blvd , turn left. Property on left side of road.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Sewer Available, Water Available

Structural Information

  • Detached/Attached: Detached
  • Construction: Concrete
  • Roof: Metal
  • Stories/Levels: 1
  • Square Feet: 1,456
  • Sq. Ft. Source: Assessor
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.152
  • Lot Size (Sq. Ft.): 6,621.12
  • Lot Size Source: Public Records
  • Potential Use: Automotive
  • Zoning: COM

Financial Considerations

  • Tax Amount: $1,060
  • Tenant Pays: Other

Disclosures and Reports

  • Legal Description: INGLISH ESTATE ADDN, BLOCK 16A, LOT 1, ACRES
  • Inclusions: Building Only
  • Property ID: 92360
  • Block: 16A
  • Lot Number: 1

Listed by Washington First Realty TX LLC, Jennifer Turner

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Listing agent

— 501 Katy Blvd —

  • Jennifer Turner

    Washington First Realty TX LLC

469-629-9690

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 501 Katy Blvd

School District:Bonham Independent School District
NameGradesDistance
Evans Elementary School
1300 North Main Street, Bonham, TX 75418
4-60.7 mi
Finley-Oates Elementary School
1901 Albert Broadfoot Street, Bonham, TX 75418
K-31.5 mi
Rather L High School
1201 North Main Street, Bonham, TX 75418
7-80.7 mi
Bonham High School
1002 Warpath Drive, Bonham, TX 75418
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 501 Katy Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Price Reduced
$90,000
-6.25%
MLS
5/07/2025
Listed
$96,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 501 Katy Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,060
—
$49,970
-9%
2024
$1,060
163%
$54,650
20%
2018
$403
—
$45,730
17%
2018
$403
—
$39,120
36%
2018
$403
—
$28,750
9%
2018
$403
—
$26,430
27%
2018
$403
—
$20,870
37%
2018
$403
100%
$15,180
28%
2014
100%
$11,900
-6%
2014
—
$12,640
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 501 Katy Blvd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Washington First Realty TX LLC, Jennifer Turner

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501 Katy Boulevard, Bonham, TX 75418 (MLS# 20928202) is a Business property. 501 Katy Boulevard is currently listed for $90,000 and was received on May 07, 2025. Want to learn more about 501 Katy Boulevard? Do you have questions about finding other Business real estate for sale in Bonham? You can browse all Bonham real estate or contact a Coldwell Banker agent to request more information.

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