Bonney's housing stock is limited and rural, reflecting its small size. The village contains a mix of older single-family homes, manufactured houses, and some newer construction, often set on larger lots than suburban equivalents. Much of the surrounding area is open farmland and ranchland, with occasional acreage properties available. There are no large subdivisions within the village, and the market is quiet and modest. Buyers are typically drawn by space, affordability, and the village's location along the Texas 288 corridor, which keeps Houston and the growing Brazoria County job centers within a reasonable commute.

Bonney is a compact village without formal subdivisions, organized loosely around Farm-to-Market Road 521 and its old rail-town origins. Homes are spread across the village's small footprint and its rural edges, where farmland and coastal prairie begin almost immediately. The village hall and a few local landmarks anchor the community, while most commercial and civic needs are met in nearby Angleton. This layout — a tiny incorporated core surrounded by open Brazoria County countryside — gives Bonney the feel of a rural crossroads community rather than a conventional town, with neighbors connected by local roads and shared institutions.

Bonney offers a quiet, small-village way of life in the coastal prairie of Brazoria County. As the smallest incorporated village in Texas, it is a close-knit community of a few hundred residents, with an unhurried pace and a strong sense of local identity. Daily life is centered on the home, the village, and the surrounding countryside, with Angleton about ten miles south providing schools, groceries, healthcare, and services. Houston's employment and cultural amenities are within a commutable drive, making Bonney a practical choice for those who want rural living without losing access to the metro area. It suits families and retirees seeking a genuinely small community.

Bonney is served by the Angleton Independent School District, based in the county seat about ten miles south. Students from the village attend Angleton ISD's elementary, intermediate, middle, and high school campuses, part of a district that serves much of central Brazoria County. This arrangement gives Bonney families access to a full public school system within a short drive while preserving the village's small residential character. For higher education, Brazosport College in nearby Lake Jackson and the institutions of the Houston area are within commuting distance.

Bonney sits along Farm-to-Market Road 521 and is reached via Texas Highway 288, the principal route connecting the area to Houston about 37 miles to the north. The village's position off this corridor makes commuting to Houston and the growing Brazoria County employment centers practical, while local roads connect south to Angleton and west toward the Brazos River. The area is car-dependent, with no fixed-route transit, and residents rely on nearby Angleton and the Houston metro for most services. William P. Hobby Airport in Houston is the nearest major commercial airport, roughly 45 minutes to an hour away.

Bonney's recreation draws on the natural assets of Brazoria County. Brazos Bend State Park, a roughly 5,000-acre park known for its alligator population, Brazos River frontage, and miles of hiking and fishing trails, lies a short drive to the north. The Gulf Coast is within easy reach, with Brazoria County's beaches — including Bryan Beach — offering swimming, fishing, and birding, while the county's bays and bayous support paddling and crabbing. Hunting and rural outdoor pursuits are common across the surrounding coastal prairie, giving residents a range of options from state-park trails to saltwater fishing.