A+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$275,000

858 County Road 2610, Bonham, TX, 75418

$289,579 ARV

Off Market

2 Beds

2 Bath

2,283 Sq Ft

Single Family Residence

$109.51 / sqft

Built in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms 2

AppliancesDisposal

Exterior

Exterior FeaturesAwning(s)

Lot Size5.01 acres

Land Information

APN78379

Land UseResidential

Legal DescriptionA0608 J KETCHAM, ACRES 5.01, SOLITAIRE/ LABEL# TXS0510094

Census Tract950402

Assessed Land Value$115,210

Assessed Improvement Value$28,760

Assessment Year2025

About this property

Motivated Seller! Want to be near Bois d'arc Lake? Picturesque 5+ acres sits between new Bois d'Arc Lake and Lake Bonham, make this your weekend getaway or future dream home site. Current maps suggest hilltop views could provide eventual views of Bois d'Arc Lake. Minutes to Hwy 81, Hwy 78, Downtown Bonham, Lake Bonham boat ramp & planned Bois d'arc Lake ramp. Private retreat, surrounded by pasture views. Beautiful mature trees, fenced & cross fenced with stock tank, livestock ready. This beautiful piece of Fannin County land has no known restrictions, is located on a County maintained paved road, with great neighbors & endless possibilities! We invite you to come & experience for yourself, the gorgeous view and country air! Come check out this paradise for full time living or a vacation retreat. Value is in the land, utilities, & septic improvements. 2-2 Mobile Home is in need of work & being sold as-is. Older barn on property, store your lake toys & recreational vehicles. Fun ready!

Investor Tools

$275,000

Estimated Property Value

$152,653Estimated Mortgage Balance

$0Estimated Equity

44% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$289,579

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,650 /month

Positive

Cash Flow Estimate:

$550 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$378/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,165

$143,970

2025

$115,210

$28,760

$143,970

Tax History

Year

Tax Paid

Assessed Value

2024

$3,165

$143,970

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Texas National Bank

Open End Mortgage / Open End With Future Advance Clause

$152,653

First

Aug 11, 2025

Aug 2030

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$301,294

N/A

110%

$1,832/mo

Learn About the Market: Opportunity in Texas

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 This Area