Price Reduction
Address
408 Rainey Street, Bonham, TX
Price
$ 989,900
Property Attributes
- MLS#21208938
- TypeSingle Family
- Listing Status Active
- CountyFANNIN
- CityBonham
- NeighborhoodA0112
- Zip75418
- StyleSpanish
- Year Built1983
- Price$ 989,900
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage3350
- Lot Size5.419 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
PRICED TO SELL! Enter through the majestic stone-gated entry and discover your very own private oasis, gracefully tucked away on nearly 5.5 acres of serene wooded land, right in the heart of Bonham! This well-known, iconic estate is a true local gem, now available for the first time in nearly 25 years. Designed with both elegance and comfort in mind, the home is perfect for hosting unforgettable gatherings or simply escaping to a peaceful retreat under the shade of towering trees or beside the sparkling pool. Well maintained with many recent upgrades, this luxury residence offers both modern amenities and timeless charm. You’ll love the peace of mind that comes with two newer high-efficiency, zoned AC systems and a state-of-the-art DECRA stone-coated steel roof. Recent upgrades include water heaters, windows, and approximately three years remaining on a home warranty, ensuring worry-free living for years to come. Inside, you’ll be captivated by the expansive atrium, a cozy fireplace, granite countertops, a wet bar complete with an ice machine and mini-fridge, plus an exercise room adjacent to the garage. Step outside to your own wooded sanctuary, featuring lush St. Augustine grass, an irrigation system, a spacious upstairs patio, and a charming balcony. Also, don’t forget the stunning, oversized inground diving pool, complete with serene water features and a pool bath house with heat and air, all enclosed by wrought iron fencing. Included with the property are three lots on the east end, already surveyed into third-acre lots, which could be sold separately, or, the owner will consider selling the property, without these lots, at a reduced price. Come see it today and enjoy your future in this stunning estate!
| Elementary School |
|---|
| Finleyoate Elementary School |
| Price History | |
|---|---|
| 3/16/2026 | Listed $995,000 |
| 8/21/2026 | 1$989,900 |
General Features
| Heating | Central,Electric,ENERGY STAR Qualified Equipment,Fireplace(s),Heat Pump,Zoned |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric,ENERGY STAR Qualified Equipment,Heat Pump |
| Utilities | All Weather Road,Cable Available,City Sewer,City Water,Electricity Connected,Underground Utilities |
| Possession | Negotiable |
| Roof | Metal,Spanish Tile |
| Appliances | Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Microwave,Convection Oven,Vented Exhaust Fan |
| Easements | Utilities |
| Number of Garage Spaces | 2 |
| School District | Bonham ISD |
| Pool Y/N | Yes |
| Year Built | 1983 |
| Architectural Style | Spanish |
| Levels | Two |
| Will Subdivide | Yes |
| Property Subtype | Single Family Residence |
| Subdivision Name | A0112 |
| Transaction Type | For Sale |
| Occupant Type | Owner |
| Carport Spaces | 2 |
| Occupant Name | Owner |
| County | Fannin |
| Property Type | Residential |
| Security Features | Burglar,Carbon Monoxide Detector(s),Fire Alarm,Security Gate,Security System,Security System Owned,Smoke Detector(s) |
| Construction Materials | Brick,Stucco |
| Year Built Details | Preowned |
| HOA Type | None |
| Green Landscaping | Native Landscape |
| Full Baths | 4 |
| Status | Active |
| Directions | Take State Hwy 121 N to Bonham. At the light,turn left to stay on Hwy 121 N. Go approximately 1 mile and turn right onto Warpath St. Go .3 miles and turn left onto Albert Broadfoot St. Go .6 miles an |
| City | Bonham |
| Elementary School Name | Finleyoate |
| High School | Bonham |
| Elementary School | Finleyoate |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21208938 |
| Standard Status | Active |
| Junior High School | Rather |
| Listing Terms | Cash,Conventional,FHA,Texas Vet,VA Loan |
Interior Features
| Interior Features | Cable TV Available,Chandelier,Double Vanity,Eat-in Kitchen,Granite Counters,High Speed Internet Available,In-Law Suite Floorplan,Open Floorplan,Pantry,Walk-In Closet(s),Wet Bar |
|---|---|
| Flooring | Carpet,Ceramic Tile |
| Fireplace Features | Living Room,Stone,Wood Burning |
| Fireplaces Total | 1 |
| Dining Areas | 2 |
| Living Areas | 2 |
| Room Count | 3 |
| Half Baths | 1 |
| Lock Box Type | None |
| Total Bedrooms | 4 |
| Total Baths | 5 |
| Laundry Features | Electric Dryer Hookup,Utility Room,Full Size W/D Area,Dryer Hookup,Washer Hookup |
Exterior Features
| Exterior Features | Balcony,Covered Patio/Porch,Rain Gutters |
|---|---|
| Lot Features | Acreage,Landscaped,Many Trees |
| Vegetation | Grassed,Wooded |
| Fencing | Wrought Iron |
| Soil Type | Unknown |
| Parking Features | Additional Parking,Circular Driveway,Porte-Cochere,Concrete,Drive Through,Driveway,Electric Gate,Garage,Garage Door Opener,Garage Faces Side,Gated |
| Lot Size | 5 to < 10 Acres |
| Covered Spaces | 4 |
| Foundation | Slab |
| Pool Features | Cabana,Fenced,Gunite,In Ground,Outdoor Pool,Pool Sweep,Water Feature,Waterfall |
| Lot Size Area | 5.4190 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 236051.6400 |
| Lot Size Acres | 5.4190 |
| Patio And Porch Features | Covered |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75418
Price
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
