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$697,000

NAL Estimated Property Value

1320 County Road 1450, Bonham, TX, 75418

Off MarketInfo
Beds6 Beds
Baths3 Bath
Baths3,467 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$403.81 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringHardwood, Stone

Exterior

Exterior FeaturesBasketball Court
Lot Size3.53 acres

Building Information

Year Built2006

Land Information

APN109794
Land UseResidential
Legal DescriptionA0196 M COX, ACRES 3.531
Census Tract950402
Assessed Land Value$108,090
Assessed Improvement Value$453,400
Assessment Year2025

About this property

Stunning Custom Red Iron Two-Story Home – Tucked away on 3.56 serene acres, this stunning 6-bedroom, 2.5-bath estate blends natural beauty with custom luxury to create an everyday escape. Step inside and you’ll immediately feel the connection to nature—seven-foot windows throughout the home act as luminous portals to the outdoors, filling each room with golden light and panoramic views of your own private parkland. It’s like living inside a treehouse designed for comfort, beauty, and tranquility. At the heart of the home lies a custom open-concept floor plan that was crafted with both elegance and livability in mind. The gourmet kitchen features a unique custom vent-a-hood, perfect for cooking up memories, while flowing effortlessly into warm, welcoming living spaces. An office surrounded by windows brings productivity and peace together—imagine working among the birdsong and morning light. The half-moon-shaped vaulted entry greets guests with grandeur, with a sweeping central staircase that curves its way upward to the top floor like a piece of art. It’s a design that draws the eye skyward and brings the joy of the outside right through your front door. Outside, the natural beauty continues—the south side of the property gently meanders along the banks of Little Timber Creek, adding a peaceful soundtrack of flowing water and a touch of magic to your backyard haven. A massive workshop offers two distinct spaces plus a loft area, perfect for extra storage, a hobby studio, or—get creative—a potential event venue. Weddings, gatherings, retreats—this space was made to be more than just practical. This home isn’t just a place to live—it’s a place to breathe, to create, to connect with nature and those you love. It’s where the outdoors and indoors harmonize, and your dream lifestyle becomes your daily reality. The information provided is considered reliable, yet not guaranteed. Buyers are advised to verify all details and conduct thorough due diligence.

Investor Tools

Property Icon
$697,000
Estimated Property Value
$235,205Estimated Mortgage Balance
$461,795Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$873/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,990
$561,490
2025
$108,090
$453,400
$561,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,990
$561,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fannin Bank
Credit Line (Revolving) / Heloc
$169,869
No
First
Dec 2, 2008
Dec 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,205
$461,795
66%
34%
$1,889/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bonham

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1320 County Road 1450 | Property Details | No Agent List