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$170,000

706 County Road 4232, Bonham, TX, 75418

$204,367 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,191 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$142.74 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size1.33 acres

Building Information

Year Built2018

Land Information

APN124043
Land UseResidential
Legal DescriptionA0863 S PENDERGRASS, ACRES 1.33, LABEL# NTA1808031
Census Tract950600
Assessed Land Value$74,090
Assessed Improvement Value$114,940
Assessment Year2025

About this property

One whole acre of Texas love. Bring your plans. You have a blank canvas to design and create the homestead you've been thinking about. Plant a vegetable garden, build a chicken coupe, or perhaps dig a pond. After a hard days work you can come into your singlewide manufactured home, wash up, rest, and watch the big game. There is plenty of wall space to hang a big screen tv. The nearly new red shed and the above ground pool will stay with the property. Consider the easy access to state highway 121. Downtown Bonham is just 8 minutes away and McKinney is just 37 minutes south. Call your favorite agent and schedule an appointment.

Investor Tools

Property Icon
$215,000
Estimated Property Value
$104,000Estimated Mortgage Balance
$111,906Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$204,367
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,380
$189,030
2025
$74,090
$114,940
$189,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,380
$189,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fannin Bank
Stand Alone First / Home Equity First Lien
$104,000
No
First
Nov 19, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,094
$111,906
52%
48%
$624/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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706 County Road 4232 | Property Details | No Agent List