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Days39Days on Market
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$825,000

$714,900

691 S State Highway 78, Bonham, TX, 75418

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,368 Sq Ft
price_per_sqft$603.07 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Range, Microwave, Refrigerator, Washer
FlooringLaminate

Exterior

Lot Size14.76 acres

Building Information

Year Built1996
Garage Spaces6

Land Information

APN75706
Land UseResidential
Legal DescriptionA0417 M GILBERT, ACRES 14.756, LABEL# PFS0408521
Census Tract950600
Assessed Land Value$303,080
Assessed Improvement Value$160,430
Assessment Year2025

About this property

Beautiful 14.75-Acre Country Property Near Downtown Bonham — No Restrictions! Discover the perfect blend of privacy, convenience, and Texas country living with this stunning 14.75-acre property located just 1 mile from downtown Bonham. This rare opportunity offers endless possibilities with no restrictions, allowing you the freedom to create your dream homestead, ranch, recreational retreat, or investment property. The property features beautiful open pastureland surrounded by mature trees, peaceful natural views, and plenty of space for livestock, gardening, outdoor activities, or future improvements. A private water well is already located on the property, adding tremendous value and convenience. Enjoy the tranquility of country living while remaining minutes away from downtown Bonham’s shopping, dining, schools, and local amenities. The land offers a unique combination of accessibility, versatility, and natural beauty, natural lovers will appreciate the abundant native wildlife frequently seen throughout the property— a true Texas gem ready for your vision. Property Highlights: 14.75 acres No restrictions Private water well on site Mature trees and open pasture Excellent potential for residential, ranch, or recreational use Only 1 mile from Downtown Bonham Peaceful country setting with easy access to city conveniences Acreage like this, this close to town, and with no restrictions is a rare find. Don’t miss the opportunity to own your piece of Texas!

Investor Tools

$0Estimated Mortgage Balance
$442,853Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

Interested in this property?

Maria Camacho

RE/MAX Four Corners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$481
$442,853
2025
$303,080
$160,430
$463,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$481
$442,853

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$548,000
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.

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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691 S State Highway 78 | Property Details | No Agent List