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$279,000

407 Henderson Street, Bonham, TX, 75418

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size7,362 sqft

Building Information

Garage Spaces2

Land Information

APN93235
Lot Number3R
Land UseResidential
Legal DescriptionREICH ADDN, BLOCK 26, LOT 3R, ACRES 0.169
Census Tract950600
Assessed Land Value$27,610
Assessment Year2025

About this property

Welcome home to this light and bright, highly upgraded new construction home with elevated finishes and all of the extras, including tall and tray ceilings, crown molding, a bespoke all wood accent wall, stunning quartz counters, recessed lighting, USB-integrated outlets, premium fixtures, remote-controlled lighting, HGTV finishes, all window coverings plus oversized covered patio overlooking the serene and fenced yard. The open kitchen features architectural refinements, tall soft-close custom cabinetry, a spacious pantry, coordinating stone and stunning quartz countertops and luxe backsplash, plus includes an all stainless steel appliance package—including a refrigerator. Outside, enjoy uplighting, the fully sodded and fenced yard, planted trees, gutters, and expanded covered patio perfect for relaxing and entertaining. Ultra-modern, energy-efficient construction methods are incorporated throughout without compromising style. Garage features a sink for convenience. Location has a secluded feel, yet conveniently located near Powder Creek Park and just minutes from preferred amenities and the downtown square. This home is the perfect blend of relaxed sophistication and modern efficiency.

Investor Tools

$146,908Estimated Mortgage Balance
$120,092Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Hillary Leutwyler

The Agency Frisco

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$418
$27,610
2025
$27,610
N/A
$27,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$418
$27,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Building Or Construction Loan
$150,000
No
First
Mar 20, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,908
$120,092
44%
55%
$900/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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407 Henderson Street | Property Details | No Agent List