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Days46Days on Market
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$500,000

820 Cedar Creek Circle, Bonham, TX, 75418

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,538 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.32 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit
Lot Size15,869 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN91295
Land UseResidential
Legal DescriptionCEDAR CREEK ADDN 2, LOT PT OF 13 & ALL 14, LIFE ESTATE
Census Tract950402
Assessed Land Value$55,540
Assessed Improvement Value$460,480
Assessment Year2025

About this property

Your Dream Country Estate on Over a Third Acre with Cul-de-Sac Appeal! Impeccably maintained and move-in ready, this spacious home offers the perfect blend of comfort, entertaining, and outdoor living. Situated on an oversized lot, the private backyard retreat features a sparkling pool, expansive grassy area, mature trees, and a traditional brick fireplace perfect for gathering with family and friends.The chef-inspired kitchen showcases granite countertops, abundant white cabinetry, a large center island, spacious pantry, and oversized utility room. The inviting family room offers soaring ceilings, abundant natural light, and walls of windows overlooking the backyard oasis. A desirable dual-staircase design adds both character and functionality.The spacious first-floor primary suite features dual walk-in closets, a relaxing garden tub, and room for a sitting area. Upstairs you'll find generously sized secondary bedrooms plus a large flex space ideal for a game room, media room, or entertaining area complete with a built-in bar and fireplace. The garage includes a dedicated workshop area, perfect for hobbies, projects, or additional storage. Major updates include over $20,000 invested in newer HVAC systems and attractive cedar fencing, providing both peace of mind and enhanced privacy. Enjoy the best of North Texas outdoor living with convenient access to Lake Bonham, Lake Bois d'Arc, and the new Ralph Hall Lake, offering boating, fishing, kayaking, camping, and hiking opportunities. Historic Downtown Bonham features local boutiques, restaurants, wineries, coffee shops, farmers markets, and community events throughout the year. Convenient access to Sherman, McKinney, Greenville, and the growing North Texas corridor provides a perfect balance of country charm and city convenience.Whether you're entertaining poolside, enjoying lake weekends, gardening, or simply relaxing under the Texas sky, this exceptional property offers the lifestyle you've been searching for.

Investor Tools

Property Icon
$516,020
Estimated Property Value
$0Estimated Mortgage Balance
$179,514Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,096 /month
Positive
Cash Flow Estimate:
$1,032 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$516,020
2025
$55,540
$460,480
$516,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$516,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$373,500
Yes
First
Apr 1, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,506
$179,514
34%
65%
$2,240/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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820 Cedar Creek Circle | Property Details | No Agent List