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$994,400

Beds
2
Baths
3.0
sq ft
2,360

1430 County Road 3025, Bonham, TX 75418

1430 County Road 3025

Bonham, TX 75418

  • 222 days on market
    • Price drop $100↓
Bring your horses, goats and livestock to this fully fenced, Ag exempt, 37 acre property with over an acre of pond fed by nearby creek and zero floodplain! Acreage is 100 percent useable land including pasture along with heavily treed areas. Sip your morning coffee on the covered, wrap-around, wood deck porch as you soak in the serene views. The front entry opens to a spacious open floor plan with rustic luxury at its best, featuring cathedral ceilings, real wood walls, doors and ceiling beams, real hardwood floors, and light fixtures with lavish country design. A large stone wall in the living room houses a wood burning fireplace with gas starter and a raised hearth. The eat-In kitchen includes an undermount hammered copper farmhouse sink, redwood cabinets, leaded glass cabinet with hanging stemware rack, pot and pan drawers, and granite countertops. Off the kitchen is a spacious dining room, centered with a wagon wheel chandelier, and showcases soaring windows with views of the pond and pasture. Glass French doors lead from the dining room to the back deck. The first floor primary bedroom offers ample space for a sitting area, windows that overlook the property, and an en suite bathroom. A wooden log staircase leads to the upstairs loft or family room, perfect to watch movies, play games, or could serve as an office or a play area. The second floor primary bedroom features a balcony deck and a luxurious en suite bathroom. A short walk from the cabin leads to a 3700 square foot metal barn, which can be used for equipment storage, and also has an area specifically for animals. The barn is equipped with two garage bays and a built-in tack room with electricity and a water line. Concrete RV pad for parking. Pipe fence riding arena, located directly next to the barn, for horse training, riding, and roping. Perfect for vacationing and getting away from the hustle and bustle of city life, yet the property is only a quick 45 minute drive to McKinney.

Details

Property type

Single Family Residence

Lot size

37.665 acres

Price per sq ft

$422

Year built

2006

Annual property taxes

$9,035

Price History

10/10/2024
NTREIS

NTREIS #20567721

Price change
$994,400
-0.01%
09/09/2024
NTREIS

NTREIS #20567721

Listed
$994,500

Schools & Community

Elementary school: 

Inglish

Middle school: 

Unknown

High school: 

Bonham

School district: 

Bonham ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$693,200
Asking price
$994,400
Closing costs (~8% of asking)
-$79,552
Est. remaining loan balance
-$221,648
Cash to seller
$693,200

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

The American National Bank Of Texas

Loan start date

August 2020

Original loan amount

$243,800

Est. remaining balance

$221,648

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Steven N Williams and Elizabeth L Williams

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 6:05 PM

Listing updated: 11/05/2024 at 2:12 PM

Listed by: Hannah Gigley, RE/MAX Four Corners Phone #: (972) 396-9100

MLS: NTREIS #20567721

NTREIS logo

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