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$759,000

1302 Mitchell Dr, Bonham, TX, 75418

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths2,070 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$366.67 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater

Exterior

Exterior FeaturesBoat Slip, Dock
Lot Size1.39 acres

Building Information

Year Built1984

Land Information

APN93945
Lot Number1R
Land UseResidential
Legal DescriptionVETERANS POINT ADDN, LOT 1R, ACRES 1.392
Census Tract950800
Assessed Land Value$165,740
Assessed Improvement Value$351,360
Assessment Year2025

About this property

Lake life starts here! Set on one of Lake Bonham's standout waterfront lots, this furnished, move-in-ready retreat comes with a tritoon boat included, making it easy to start enjoying the lake from day one. Mature trees, beautiful water views, and inviting outdoor spaces create a setting made for relaxing and entertaining. Inside, the home offers bright, welcoming living spaces, a kitchen with white cabinetry, stainless steel appliances, and generous seating, plus comfortable bedrooms and charming lake-house touches throughout. Expansive windows and doors connect the indoor spaces to the outdoors. Spend mornings with coffee on the deck, afternoons out on the water, and evenings gathered around the fire pit. The spacious deck and stone patio offer multiple places to dine and unwind, while the private dock features a covered boat slip and room to enjoy the waterfront. Additional outbuildings provide space for hobbies, recreation, and storage. Whether you're looking for a full-time home or a weekend escape, this Lake Bonham property brings the home, furniture, and boat together in one ready-to-enjoy package. Bring your bags and start making memories on the lake!

Investor Tools

$971,788Estimated Mortgage Balance
$517,100Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,554 /month
Positive
Cash Flow Estimate:
$1,518 /month

Interested in this property?

Jim SIMPSON

Weichert Realtors-Solid Ground

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,285
$517,100
2025
$165,740
$351,360
$517,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,285
$517,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Bank Na
Conventional
$500,000
No
First
Mar 10, 2025
Apr 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$971,788
N/A
0%
188%
$5,996/mo

City: Bonham

1302 Mitchell Dr | Property Details | No Agent List