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$364,000

8200 Carter Drive, Bonham, TX, 75418

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,702 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.05 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Hardwood, Wood

Exterior

Lot Size22,433 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APN93014
Lot Number17R
Land UseResidential
Legal DescriptionPIN OAKS ADDN, LOT 17R, ACRES .515
Census Tract950800
Assessed Land Value$61,430
Assessed Improvement Value$182,060
Assessment Year2025

About this property

Incredible Opportunity for you to be living in a lake community! Big corner lot right with lots of mature trees. Less than one hour from the DFW area. 3 Bedroom 2.5 Bath home with an office. New wiring throughout the home, new insulation, hardwood flooring, new energy-efficient windows, and new carpets in the bedrooms. This home is the only home for sale in this incredible lake community. The home also includes a detached 2-car garage. Be ready to sit back, relax, and make new memories in this beautifully renovated home. Come check it out before it's gone!

Investor Tools

Property Icon
$364,000
Estimated Property Value
$0Estimated Mortgage Balance
$124,468Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,445
$243,490
2025
$61,430
$182,060
$243,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,445
$243,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$250,502
Yes
First
Dec 29, 2023
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,532
$124,468
34%
66%
$1,502/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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8200 Carter Drive | Property Details | No Agent List