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$239,900

224 County Road 1446, Bonham, TX, 75418

$311,870 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,681 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.71 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Oven, Refrigerator
FlooringHardwood

Exterior

Exterior FeaturesDog Run
Lot Size32,234 sqft

Building Information

Year Built1940

Land Information

APN78223
Land UseResidential
Legal DescriptionA0600 G W KING, ACRES .74
Census Tract950402
Assessed Land Value$39,890
Assessed Improvement Value$166,210
Assessment Year2025

About this property

Looking for a home that is move in ready? Then take a look at this 3 bedroom, 2 bath home with an office or 4th bedroom and a large living room on 0.7 acres. Sellers have nicely renovated this home with granite counter tops in the kitchen, stainless steel appliances, updated baths, refinished hardwood floors, replaced Hvac, fresh paint, all new light fixtures and rain gutters. The front of the home has a new porch, freshly planted landscaping and a huge Oak tree to relax under. The back porch is covered and has a sunset view of the back yard. The rustic barn is about 1,100 sq ft and has plenty of space to use as a dog kennel, a workshop, a garage, or for a couple of outdoor farm animals. Property has paved road frontage on two sides and is only a short distance outside of Bonham City limits.

Investor Tools

Property Icon
$283,000
Estimated Property Value
$237,650Estimated Mortgage Balance
$0Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$311,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,964
$206,100
2025
$39,890
$166,210
$206,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,964
$206,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$237,650
No
First
Jun 23, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,922
N/A
0%
159%
$2,850/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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224 County Road 1446 | Property Details | No Agent List