408 Rainey St Bonham, TX 75418
Estimated payment $7,641/month
Total Views
401
4
Beds
4.5
Baths
3,350
Sq Ft
$357
Price per Sq Ft
Highlights
- Cabana
- Open Floorplan
- Spanish Architecture
- Electric Gate
- Wooded Lot
- Granite Countertops
About This Home
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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,554
Year Built
- Built in 1983
Lot Details
- 5.42 Acre Lot
- Wrought Iron Fence
- Landscaped
- Wooded Lot
- Many Trees
Parking
- 2 Car Attached Garage
- 2 Carport Spaces
- Porte-Cochere
- Side Facing Garage
- Garage Door Opener
- Circular Driveway
- Drive Through
- Electric Gate
- Additional Parking
Home Design
- Spanish Architecture
- Brick Exterior Construction
- Slab Foundation
- Spanish Tile Roof
- Metal Roof
- Stucco
Interior Spaces
- 3,350 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Ceiling Fan
- Chandelier
- Wood Burning Fireplace
- Stone Fireplace
- Living Room with Fireplace
- Washer Hookup
Kitchen
- Eat-In Kitchen
- Convection Oven
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Double Vanity
Home Security
- Security System Owned
- Security Gate
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Pool
- Cabana
- In Ground Pool
- Waterfall Pool Feature
- Fence Around Pool
- Pool Water Feature
- Gunite Pool
- Pool Sweep
Outdoor Features
- Balcony
- Covered Patio or Porch
- Rain Gutters
Schools
- Finleyoate Elementary School
- Bonham High School
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Underground Utilities
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- A0112 Subdivision
Listing and Financial Details
- Assessor Parcel Number 71355
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $13,554 | $814,870 | $254,940 | $559,930 |
| 2023 | $12,526 | $818,630 | $254,940 | $563,690 |
| 2022 | $12,701 | $740,000 | $231,330 | $508,670 |
| 2021 | $13,269 | $525,000 | $104,650 | $420,350 |
| 2020 | $13,020 | $509,350 | $89,000 | $420,350 |
| 2019 | $13,328 | $509,350 | $82,620 | $426,730 |
| 2018 | $12,100 | $455,925 | $82,620 | $373,305 |
| 2017 | $11,119 | $435,040 | $80,260 | $354,780 |
| 2016 | $10,726 | $419,670 | $80,260 | $339,410 |
| 2015 | -- | $388,030 | $75,540 | $312,490 |
| 2014 | -- | $381,270 | $68,460 | $312,810 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $1,195,000 | -- | $357 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,500 | New Conventional |
Source: Public Records
Similar Homes in Bonham, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21032908
APN: 71355
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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