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A+
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$144,000

2806 Rec Road 3, Bonham, TX, 75418

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$43.66 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher
FlooringVinyl

Exterior

Lot Size15,682 sqft

Building Information

Year Built1986

Land Information

APN93053
Lot Number13
Land UseResidential
Legal DescriptionPOST OAK ADDN 2, LOT 13, ACRES .36, MH LABEL# TEX0405223 / TEX0405224
Census Tract950402
Assessed Land Value$44,710
Assessed Improvement Value$52,960
Assessment Year2025

About this property

Fixer-Upper! This 3 bedroom, 2 bath home has a split floor plan an open living and kitchen area and a garden tub. The covered front porch with a bar area makes a great outdoor living space. The backyard has chain link fencing and has plenty of space for a family pet. Property is located within walking distance to the Bonham Lake Recreational Area with a public boat ramp, a beach area, a playground & a 9 hole golf course.

Investor Tools

Property Icon
$144,000
Estimated Property Value
$0Estimated Mortgage Balance
$144,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$864 /month
Positive
Cash Flow Estimate:
$288 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$142/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$981
$97,670
2025
$44,710
$52,960
$97,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$981
$97,670

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$144,000
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.

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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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2806 Rec Road 3 | Property Details | No Agent List