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New Ownership Press Release

Bonham Land and Ranches Real Estate Company Under New Ownership

January 6, 2020

Bonham, Texas – Fifteen years after its founding, Bonham Land & Ranches Real Estate Company is under new ownership.

“We are excited to take what Ron Lester has built and continue his legacy of professionalism and customer service,” says Teresa Mills, managing broker and one of three principles in the ownership group. “Bonham Land & Ranches has always stood on the tenets of integrity and community and we’ll continue those traditions in earnest.” Before becoming managing broker Mills is a longtime agent for Bonham Land & Ranches and a former educator in Bonham and Dodd City schools and lifelong resident of Fannin County.

Mills explains, however, that even though ownership is changing hands, Ron Lester will still be involved heavily in the business.  

“Ron will still be serving our loyal customers,” she explains. “He’s our top agent and a valuable asset to the company.”

Through the transition, Bonham Land & Ranches is also ramping up its Rural Realty Group brand. Rural Realty Group was formed as a division of Bonham Land & Ranches in 2017 to serve parts of northwest Texas. Now, however, the brand’s footprint will grow over much more of the state.

“We currently have ten active agents,” says Mills. “Under the Rural Realty Group brand, we’ll be able to strategically place new agents throughout other parts of Texas and provide new markets with the same great service consumers in Bonham and Fannin County have come to appreciate.”

Aside from Mills, the other two principal owners are Jimmy Page and Russell Graves. Page is the owner of North Texas Auctions and Real Estate and a lifelong resident of Fannin County. Russell Graves is a professional photographer and filmmaker and former agriculture science teacher who grew up in Dodd City but lived for the past 25 years in Childress, Texas until recently moved back to Fannin County.

“With the new ownership group, our ability to bring creative sales solutions and access vast pools of buyers in unprecedented,” says Mills. Jimmy, Russell and I each bring unique strengths to this business that you typically won’t find among real estate professionals. We look forward to meeting new customers and seeing what the future holds.

For more information about Bonham Land & Ranches and Rural Realty Group check out or


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