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$994,500

Beds
2
Baths
3.0
sq ft
2,360

1430 County Road 3025, Bonham, TX 75418

1430 County Road 3025

Bonham, TX 75418

  • 175 days on market
    • Price drop $100↓
Bring your horses, cows, 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 sought after heavily treed areas. Includes a custom built log cabin, only 15 minutes to Lake Bonham. This one-of-a-kind home features two primary suites, with en suite bathrooms and large walk in closets. Cathedral ceilings with soaring windows offer stunning views of the property from nearly every room in the home. Sip your morning coffee on the covered, wrap-around porch as you enjoy views of the nearby pond and the cows grazing on the pasture. 3700 sq ft barn on the property comes equipped with water and electricity. Spend your weekends in the riding arena for horse training, riding, and roping! RV pad for parking. 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

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

$692,351
Asking price
$994,500
Closing costs (~8% of asking)
-$79,560
Est. remaining loan balance
-$222,589
Cash to seller
$692,351

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

$222,589

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: 09/19/2024 at 8:25 PM

Listing updated: 09/19/2024 at 6:19 PM

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

MLS: NTREIS #20567721

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