tomo logo

$550,000

Beds
5
Baths
3.0
sq ft
3,698

1860 FM 273, Bonham, TX 75418

1860 FM 273

Bonham, TX 75418

  • 150 days on market
    • Price drop $25,000↓
Spacious 5-Bedroom Home on 2 Acres Near Lake Bonham! Discover the perfect blend of space, comfort, and location with this stunning 5-bedroom, 3-bathroom home nestled on 2 beautifully maintained acres in Bonham. Ideal for a growing family, the property features secure pipe fencing and a chain-link area, making it pet-friendly and ready for outdoor fun. Just minutes from Lake Bonham and Bois D’Arc Lake, this home invites you to enjoy endless outdoor adventures while offering the convenience of nearby shopping, dining, and a quick commute to Sherman. Inside, you’ll love the thoughtful layout with a spacious living room, dining area, and a functional kitchen designed for everyday living. The master suite provides a peaceful retreat, and the additional four bedrooms offer flexibility for family, guests, or hobbies. Work from home effortlessly in the dedicated office space. Relax on the covered porch or soak in the hot tub while enjoying the serene views of your private acreage. Practical amenities include an oversized 3-car garage and a separate laundry room for added convenience. Whether you're entertaining, enjoying quiet evenings, or embracing the rural lifestyle with urban access, this property is ready to be your family's forever home. Don’t miss this rare opportunity—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$538,878

Lot size

2.04 acres

Price per sq ft

$149

Year built

1998

Annual property taxes

$8,063

Price History

11/18/2024
NTREIS

NTREIS #20711924

Price change
$550,000
-4.35%
09/17/2024
NTREIS

NTREIS #20711924

Price change
$575,000
-6.5%
08/27/2024
NTREIS

NTREIS #20711924

Listed
$615,000

Schools & Community

Elementary school: 

Finleyoate

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

$178,825
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$327,175
Cash to seller
$178,825

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

July 2022

Original loan amount

$340,000

Est. remaining balance

$327,175

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Crystal Buckley and Jeffrey Buckley

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: 01/24/2025 at 7:10 PM

Listing updated: 01/15/2025 at 2:07 PM

Listed by: Barbara Thomas, OnwardTX Real Estate Advisors Phone #: (903) 624-1474

MLS: NTREIS #20711924

NTREIS logo

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