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$419,500

1518 E State Highway 56, Bonham, TX, 75418

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.92 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Hardwood, Other

Exterior

Exterior FeaturesOther
Lot Size1 acre

Building Information

Year Built1970

Land Information

APN82549
Land UseResidential
Legal DescriptionA0950 J ROGERS, ACRES 1.0
Census Tract950500
Assessed Land Value$31,610
Assessed Improvement Value$75,010
Assessment Year2025

About this property

Exquisite Country living House!!!! If you are looking for a peaceful and private acres property. Where you can grow up with your family. Here is an amazing opportunity to own this home with a fantastic location on E Hwy 56 in Bonham TX a complete remodel, beautiful real estate sitting on 3.221 acres with a pond for grazing animals Featuring 4 bedrooms, 3 full bathrooms, and an open-concept layout, the home includes a gourmet kitchen, and large windows for natural light throughout. The luxurious primary suite includes exquisite shower bath and walk-in closet. Enjoy both covered front and back porches, a cozy fireplace, and plenty of space to add a barn, garden, or workshop. Thoughtfully designed for comfort, privacy, and modern living perfect for living and entertaining. Fireplace with a wood log to enjoy a family cozy winter night, spacious rooms, and laundry room. This is a very unique property for potential guest house, barn, stable, or anything that you can dream of. This beautiful, charming, peaceful property is full of trees in the back with access to your pound. Amazing location within 4 minutes to Historical downtown Bonham TX in Fannin County. Do NOT miss the opportunity to own this wonderful property with many amenities, ready to enjoy the country living, and many advantages to build your lifestyle needs. MUST SEE!

Investor Tools

$0Estimated Mortgage Balance
$415,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,517 /month
Positive
Cash Flow Estimate:
$839 /month

Interested in this property?

Maria Camacho

RE/MAX Four Corners

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$479
$106,620
2025
$31,610
$75,010
$106,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$479
$106,620

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$415,000
100%
0%
$0/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.

Explore Texas Explore This Area
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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1518 E State Highway 56 | Property Details | No Agent List