$575,000
●
House -
Off Market
1385 County Road 1450
Bonham, TX 75418
3 Beds
2 Baths
2,566 Ft²
$686,550
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
VERY private 10 acre property located outside Bonham city limits!
Lovely custom 3 bedroom, 2 bath, 2 living area home has a Colorado
vibe with beautiful, serene views from every corner of the house!
Property has its own private pond! Large wrap around covered
porch overlooks stunning views and pond. Lovely well thought out
home with many commodities and beauty. 10 acres of heavily treed
acreage with open spaces to enjoy nature! Holding pens currently
with goats towards rear of property. Storage unit included! Just
minutes away from Lake Bonham, and 10 minutes from downtown. Feels
like you are on vacation every day! A wonderful place to raise a
family and experience country living! Come and see!
Unit Size
2,566 Ft²
Days on Market
-
Land Size
10.34 acres
Price per sqft
$234
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (NTREIS #14575489)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
| Aug 2, 2021 | Sold | ||
| Sold | |||
| Jul 4, 2021 | In contract | - | |
| In contract | |||
| Jun 7, 2021 | Listed by Compass RE Texas, LLC. | $599,900 | |
| Listed by Compass RE Texas, LLC. | |||
| | |||
|
VERY private 10 acre property located outside Bonham city limits! Lovely custom 3 bedroom, 2 bath, 2 living area home has a Colorado vibe with beautiful, serene views from every corner of the house! Property has its own private pond! Large wrap around covered porch overlooks stunning views and pond. Lovely well thought out home with many commodities and beauty. 10 acres of heavily treed acreage with open spaces to enjoy nature! Holding pens currently with goats towards rear of property. Storage unit included! Just minutes away from Lake Bonham, and 10 minutes from downtown. Feels like you are on vacation every day! A wonderful place to raise a family and experience country living! Come and see! The manager has listed the unit size as 2566 square feet.
| |||
| May 11, 2021 | Listed by Compass RE Texas, LLC. | $599,900 | |
| Listed by Compass RE Texas, LLC. | |||
| | |||
|
VERY private 10 acre property located outside Bonham city limits! Lovely custom 3 bedroom, 2 bath, 2 living area home has a Colorado vibe with beautiful, serene views from every corner of the house! Property has its own private pond! Large wrap around covered porch overlooks stunning views and pond. Lovely well thought out home with many commodities and beauty. 10 acres of heavily treed acreage with open spaces to enjoy nature! Holding pens currently with goats towards rear of property. Storage unit included! Just minutes away from Lake Bonham, and 10 minutes from downtown. Feels like you are on vacation every day! A wonderful place to raise a family and experience country living! Come and see!
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
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ft²
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HOA + Taxes
About Fannin
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Listed by: Barbara Butler, Compass RE Texas, LLC.
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14575489
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14575489
Details provided by NTREIS and may not match the public record
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