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$245,000

1718 Recreation Road 3, Bonham, TX, 75418

$286,825 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,904 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$128.68 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Refrigerator
FlooringLaminate

Exterior

Lot Size3.91 acres

Building Information

Year Built2001

Land Information

APN100464
Land UseResidential
Legal DescriptionA0218 WM COX, ACRES 3.912, LABEL# TXFL166A07278AV12
Census Tract950402
Assessed Land Value$129,410
Assessed Improvement Value$134,400
Assessment Year2025

About this property

This is the one you are looking for, a stone throw away from lake bonham, right up the road from the New Lower Bois D Arc Lake. Super Cute home setting on almost 4 acres, open floor plan, big rooms, located right outside the city limits of Bonham.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$186,187Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$286,824
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,546
$263,810
2025
$129,410
$134,400
$263,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,546
$263,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$85,000
No
First
Apr 5, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,813
$186,187
69%
31%
$510/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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1718 Recreation Road 3 | Property Details | No Agent List