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B+
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$134,000

706 County Road 2505, Bonham, TX, 75418

$174,200 ARVInfo
SoldInfo
7/06/26
Beds3 Beds
Baths2 Bath
Baths2,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.42 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Tankless Water Heater, Vented Exhaust Fan
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters
Lot Size2.57 acres

Building Information

Year Built1998
Garage Spaces2

Land Information

APN79471
Land UseResidential
Legal DescriptionA0698 J R MOORE, ACRES 2.5722
Census Tract950800
Assessed Land Value$100,300
Assessed Improvement Value$2,740
Assessment Year2025

About this property

*OPEN HOUSE- Sunday, May 31st 1-3PM* Experience the charm of country living in this beautiful new construction home situated on 1.28 acres (additional 1.28 acres available for purchase) just north of the growing community of Bonham, Texas. Offering the perfect balance of peaceful rural living and modern convenience, this property allows you to enjoy a slower pace of life while remaining within easy reach of McKinney, Sherman, and the DFW Metroplex. Thoughtfully designed with timeless farmhouse appeal, this 3-bedroom, 2-bath home features a versatile bonus room that can serve as a home office, playroom, guest room, or flex space to fit your needs. Inside, you’ll find exceptional craftsmanship throughout, including custom cabinetry, detailed woodwork, and beautiful custom tile finishes that add warmth and character to every room. The heart of the home is the spacious kitchen, highlighted by a stunning 7-foot island with quartz countertops, providing ample space for gathering, meal preparation, and entertaining. The open-concept living and dining areas create a bright, welcoming atmosphere perfect for everyday living and hosting family and friends. The private primary suite offers a relaxing retreat, complete with a luxurious freestanding soaking tub, custom tile shower, and thoughtfully selected finishes that bring a spa-like feel to your daily routine. Outside, enjoy the freedom and possibilities that come with acreage living. Whether you envision a garden, workshop, outdoor entertaining area, or simply a peaceful place to watch Texas sunsets, this property provides the ideal setting. Outdoor enthusiasts will appreciate the proximity to Lake Bonham, the newly opened Bois d’Arc Lake, and the future Ralph Hall Lake, offering abundant opportunities for fishing, boating, and recreation.

Investor Tools

Property Icon
$134,000
Estimated Property Value
$48,000Estimated Mortgage Balance
$89,756Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$174,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,568
$103,040
2025
$100,300
$2,740
$103,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,568
$103,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Purchase Money Mortgage
$48,000
No
First
May 5, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,244
$89,756
66%
33%
$288/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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706 County Road 2505 | Property Details | No Agent List