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$259,900

9606 Timbercreek Drive, Bonham, TX, 75418

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,647 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.8 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Plumbed For Ice Maker

Exterior

Lot Size1 acre

Building Information

Year Built1994
Garage Spaces2

Land Information

APN93901
Lot Number4
Land UseResidential
Legal DescriptionTIMBER CREEK ADDN, LOT 4, ACRES 1.0
Census Tract950800
Assessed Land Value$178,200
Assessed Improvement Value$317,800
Assessment Year2025

About this property

Enjoy this well maintained home that has everything new! From the fixtures to the foundation, to the sinks, to the HVAC unit. This 3 bedroom, 3 bath home is nestled in a cove on Lake Bonham and has a split floor plan and all three bedrooms have their own private bath. Home has wood floors, granite counter tops, open living and kitchen area, a wood burning fireplace and a two car garage. Hangout with family & friends under the shade trees or under the covered back patio. The back yard is fenced and has a walking path that leads to a peaceful fishing pier. The owner has caught many catfish off the pier. Property is great for your primary home or a weekend get-a-way.

Investor Tools

Property Icon
$529,000
Estimated Property Value
$0Estimated Mortgage Balance
$399,823Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,321
$496,000
2025
$178,200
$317,800
$496,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,321
$496,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fannin Bank
Stand Alone Second / Subordinate Position
$136,000
No
First
Aug 7, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,177
$399,823
75%
24%
$816/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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9606 Timbercreek Drive | Property Details | No Agent List