Status
Market MatchUP
How this home compares to similar 4 bedroom homes in Bonham- Price Comparison$1,028,793 higher
- Home Size120 sq. ft. larger
- Built in 1991Newer than 52% of homes in Bonham
- Bonham Snapshot• 108 active listings• 20% have 4 bedrooms• Typical 4 bedroom size: 2516 sq. ft.• Typical 4 bedroom price: $571,206
Description
Discover an exceptional 60± acre property offering rare versatility and immediate income potential. Perfectly suited for developers, investors, or those looking to create a high-value rental, ranch, or RV park venture, this expansive parcel delivers both existing infrastructure and room to grow. The property features a move-in-ready primary home, providing immediate livability or rental income. A second dwelling, currently unfinished, offers tremendous upside as a future rental unit, guest house, or on-site manager’s residence—ideal for maximizing ROI. Additional improvements include a storage shed and a partially constructed horse arena, setting the stage for equestrian operations or recreational use. With its generous acreage, open terrain, and flexible layout, the land is primed for conversion into a full-scale RV park, horse ranch, or a mixed-use development that capitalizes on the area’s growth potential. Whether you’re seeking a turnkey investment with built-in expansion opportunities or a large-scale development project with multiple revenue streams, this property delivers the space, infrastructure, and versatility to bring your vision to life.
MLS Listing ID
Listed By
Map
Estimated Monthly Payment
$12,356Loan Amount
$1,520,000This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.
Home Facts
Bathroom
Kitchen
Appliances
- Washer
- Microwave
- Dryer
- Dishwasher
Highlights
Interior Features
- High Speed Internet
- Cable TV
Sewer
- Aerobic Septic
Levels
- One
Current Use
- Horses
Pool Features
- None
Parking Features
- Driveway
Fireplace Features
- Masonry
- Living Room
Architectural Style
- Farmhouse
- Detached
Utilities
- Electricity Available
- Water Available
- Cable Available
- Septic Available