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$899,000

6607 S State Highway 78 Highway, Bonham, TX, 75418

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,290 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$392.58 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator

Exterior

Exterior FeaturesStorage
Lot Size12.54 acres

Building Information

Year Built1999

Land Information

APN79380
Land UseResidential
Legal DescriptionA0693 T MC KAY, ACRES 12.54
Census Tract950701
Assessment Year2025

About this property

Welcome to Best of Country Living! This expansive 12.54-acre property offers a perfect blend of natural beauty and comfortable living. The charming residence features three bedrooms, three bathrooms, a spacious living room with a stone fireplace, and an additional family room. The kitchen boasts ample counter space and cabinetry, complemented by a breakfast bar that seamlessly connects to the oversized dining area. The family room, surrounded by panoramic windows, overlooks the picturesque backyard and serene pond. The master bedroom is a secluded retreat, large enough to accommodate a sitting area, and also offers views of the tranquil pond. High vaulted ceilings throughout add to the sense of space, while a wrap-around porch invites relaxation. Adjacent to the main home, a connecting two-car carport includes a versatile space for storage or a workshop. The front pasture is equipped with a loafing shed, and a driveway leads to the rear of the property, where you will find a 60 x 40 barn and an additional 31 x 18 workshop with attached 18 x 47 Carport. The barn, complete with electricity, water, and a bathroom, stands ready for versatile use. The workshop also offers electricity and features covered parking. The property is fully fenced and secured with an electric front gate. Enjoy leisurely days at the pond, which is equipped with a dock and stocked with fish. Whether you envision keeping horses, cows, or chickens, or continue the tradition of raising alpacas, this property accommodates a range of possibilities. Situated just six miles from Bonham’s new courthouse and square, the location provides easy access to Highway 121 and is less than a 45-minute drive to McKinney. It is also conveniently located 30 minutes from Sherman and 35 minutes from Greenville. Experience the endless potential and harmonious country living this exceptional property has to offer.

Investor Tools

$0Estimated Mortgage Balance
$1,156,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,936 /month
Positive
Cash Flow Estimate:
$2,312 /month

Interested in this property?

Donna Dickens

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$616/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,616
$625,380
2025
N/A
N/A
$625,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,616
$625,380

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,156,000
100%
0%
$0/mo

City: Bonham

6607 S State Highway 78 Highway | Property Details | No Agent List