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$446,000

2940 County Road 1410, Bonham, TX, 75418

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.88 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size2 acres

Building Information

Year Built1998
Garage Spaces2

Land Information

APN78242
Land UseResidential
Legal DescriptionA0600 G W KING, ACRES 2.0, LABEL# PFS0630065
Census Tract950800
Assessed Land Value$70,700
Assessed Improvement Value$27,430
Assessment Year2025

About this property

Stunning new construction farmhouse set in a peaceful country setting on just under 2 acres. This thoughtfully designed 3-bedroom, 2-bath home blends timeless charm with modern craftsmanship. A welcoming front porch with warm wood columns and double entry doors sets the tone for the quality found throughout. Inside, the home features beautiful custom wood cabinetry, a spacious island kitchen, and an eye-catching arched range alcove that anchors the heart of the home. The open-concept layout is complemented by natural textures, warm finishes, and abundant light, creating an inviting atmosphere ideal for everyday living and entertaining. The primary suite offers a private retreat with an ensuite bathroom and an oversized walk-in closet, while two additional bedrooms provide flexibility for family or guests. Upstairs, a large bonus room adds valuable additional living space—perfect for an office, game room, or additional bedroom. Exterior details include board-and-batten siding, brick accents, and a metal roof, delivering classic farmhouse appeal with durability in mind. This brand-new home offers the comfort of modern construction with the warmth and character buyers are looking for. Located only minutes from Bonham city limits, a short drive to Mckinney-Dallas area, and close proximity to 3 lakes, including the new Bois D'Arc Lake. A rare opportunity to own a beautifully built farmhouse-style home—ready for its first owners.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$400,000Estimated Mortgage Balance
$47,734Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,060
$98,130
2025
$70,700
$27,430
$98,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,060
$98,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vip Independent Mortgage Inc
Conventional
$400,000
No
First
Feb 23, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,266
$47,734
10%
89%
$2,399/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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2940 County Road 1410 | Property Details | No Agent List