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$1,197,587

NAL Estimated Property Value

4866 County Road 2610, Bonham, TX, 75418

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,786 Sq Ft
FarmFarm
price_per_sqft$615.9 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Concrete, Laminate

Exterior

Lot Size24.60 acres

Building Information

Year Built1998

Land Information

APN73388
Land UseAgriculture / Farming
Legal DescriptionA0219 T COWART, ACRES 24.599
Census Tract950402
Assessed Land Value$1,025,790
Assessed Improvement Value$254,830
Assessment Year2025

About this property

Welcome to this amazing and one of kind property. This property is on the new Bois d' arc Lake and is classified as dockable shoreline according to the NTMWD shoreline management plan. For an added bonus it is barely over 1 mile from very popular Lake Bonham. Pull in the drive and take in the awesome views of mature oaks on rolling hills over looking 2 ponds and pick the perfect spot for your dream home. This property is meticulously maintained and kept in park like condition. Just under 25 acres that also includes a very well maintained home with great outdoor patios and also a shop with water and electric. This is an outdoorsman and fisherman paradise with the proximity to two lakes and abundant wildlife.

Investor Tools

Property Icon
$1,197,587
Estimated Property Value
$646,412Estimated Mortgage Balance
$551,175Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,186 /month
Positive
Cash Flow Estimate:
$2,395 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,639
$1,197,587
2025
$1,025,790
$254,830
$1,280,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,639
$1,197,587

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Flca
Credit Line (Revolving) / Heloc
$700,000
No
First
Apr 22, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$646,412
$551,175
46%
54%
$4,197/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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4866 County Road 2610 | Property Details | No Agent List