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$284,000

NAL Estimated Property Value

822 County Road 3012, Bonham, TX, 75418

Off MarketInfo
Baths0 Bath

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size20 acres

Land Information

APN127505
Land UseFarm & Ranch Improved - Rural Residence
Legal DescriptionA0906 W PARK, ACRES 20.0, UNDIVIDED INTEREST 33.3000000000%
Census Tract950500
Assessed Land Value$66,687
Assessed Improvement Value$77,376
Assessment Year2023

About this property

Welcome to a rare gem only an hour and a half from the DFW metroplex. This 50-acre property offers an opportunity to own property on a private 65 acre lake. With 2,000 feet of shoreline, this property is perfect for water enthusiasts. Spend your weekends relaxing in the A-frame cabin or take advantage of rental income potential. 2,500 sq ft home awaits your vision and personal touch, or you can build your dream home. The property also offers opportunities for development. 5-acre pasture in hay production, complete with 5-strand fencing and gates. Electricity, septic, solar, and a UV filter water system. Public water is available in the area, or you can drill your own private well. County road access and only 5 miles from HWY 121, 1 mile from HWY 56, and 12 miles from US 82, ensuring easy access to Sherman, Honey Grove, and Denison. Just 11 miles from Bois D’Arc Lake and 6 miles from Bonham State Park. Enjoy the tax benefits of a Homestead and Ag Exemption. Book your tour today!

Investor Tools

Property Icon
$284,000
Estimated Property Value
$0Estimated Mortgage Balance
$284,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,790 /month
Positive
Cash Flow Estimate:
$1,930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$144,063
2023
$66,687
$77,376
$144,063
No

Tax History

Year
Tax Paid
Assessed Value
2018
N/A
$144,063

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$284,000
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.

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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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822 County Road 3012 | Property Details | No Agent List