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$652,380

1606 Bonanza Ln, Corinth, TX, 76208

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,297 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.98 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave

Exterior

Private PoolPrivate Pool
Lot Size11,360 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR678006
Lot Number17
SubdivisionParkside Farms
Land UseResidential
Legal DescriptionPARKSIDE FARMS BLK D LOT 17
Census Tract021412
Assessed Land Value$122,120
Assessed Improvement Value$530,260
Assessment Year2025

About this property

Welcome to your dream home! This beautiful property features 4 spacious bedrooms and 4 baths, highlighted by a recently remodeled modern chef's kitchen with a large granite island.The open floor plan flows seamlessly, showcasing luxurious hardwood floors downstairs and new carpet upstairs. Step outside to your private state-of-the-art pool and jacuzzi, perfect for entertaining, surrounded by lush trees and no rear neighbors for added privacy. Enjoy movie nights in your dedicated media room, and take advantage of the three-car garage that accommodates vehicles and a golf cart. Situated on a quarter-acre lot,this home boasts a landscaped yard with a sprinkler system and a brand-new roof and gutters (2024). Conveniently located just a mile off I-35 in charming Corinth, you’ll have easy access to the Corinth Community Park, ball fields, and the new Commons at Agora Entertainment Center. Plus, water sports at Lake Lewisville and vibrant downtown Denton are just minutes away. Welcome home!

Investor Tools

Property Icon
$652,380
Estimated Property Value
$654,725Estimated Mortgage Balance
$17,131Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,134 /month
Positive
Cash Flow Estimate:
$1,378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,057/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,425
$652,380
2025
$122,120
$530,260
$652,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,425
$652,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Home Loans Inc
Va
$654,725
Yes
First
Sep 26, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$635,249
$17,131
2%
97%
$3,926/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$4,426/mo
$-1,696/mo
5.0%

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: Corinth

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1606 Bonanza Ln | Property Details | No Agent List