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$899,500 -$50,500 (-5.32%) Price Reduced
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Property Description
Welcome to country living at its finest on 20 beautiful Ag Exempt acres designed for both everyday farm life and unforgettable gatherings. This "farm lived-in" property offers the perfect blend of functionality, charm, and wide-open space. Beautiful mature pecan trees shade the yard creating a peaceful setting that has hosted numerous weddings and special events over the years, offering natural beauty including pear, peach and jujube trees. Plenty of room for entertaining family and friends. Equestrian enthusiasts will appreciate the sandy soil, ideal for horses, along with cross-fenced pastures ready for livestock or rotational grazing. The property also features a 86'x40' wood-frame barn with metal exterior siding, a concrete slab floor, and 56'x12' attached covered parking and storage for farm equipment, trailers, and additional vehicles. The home features 3 bedrooms and 2 bathrooms, with all bedrooms located upstairs for added privacy. Downstairs offers an abundance of versatile living space including flex spaces perfect for a home office, game room, hobby space, guest area, or additional living areas to fit your needs. Whether you're looking for a working farm, horse property, event venue potential, or simply a peaceful country retreat, this unique acreage offers endless possibilities.
Full Property Details
Full Property Details for 1847 Co Rd 4205
General
- Price: $899,500
- Taxes: $5,775
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21274250
- Updated: 8/11/2026
- Added to Site: 91 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Kitchen Island
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Wood Burning
- Appliances: Dishwasher, Electric Range
- Flooring: Carpet, Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Rear Porch, Covered
Parking
- Covered Spaces: 4
- Parking Features: Additional Parking, Driveway
Location
- County: Fannin
- Subdivision: M Gilbert
- Driving Directions: Property is pinned correctly on the MLS please use GPS to locate. From FM 1629 turn North on County Rd 4205 property is located about mile down the road on the right hand side or East side of the road, sign in the yard.
School Information
- Elem School District: Bonham ISD
- Midd School District: Bonham ISD
- High School District: Bonham ISD
- Elementary School: Finleyoate
- Middle School: Rather
- High School: Bonham
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Water: Community/Coop
- Utility Description: Electricity Available, Water Available
Structural Information
- Architectural Style: Mid-Century Modern, Farmhouse
- Structure Type: House
- Detached/Attached: Attached
- Roof: Composition
- Stories/Levels: 2
- Living Area: 2,934 Sq. Ft.
- Current Bldg. Use: Horses
- Year Built: 1977
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Lot Size (Acres): 20.59
- Lot Size (Sq. Ft.): 896,900.4
- Frontage: County Road, Farm to Market Road
- Lot Features: Acreage
- Trees/Vegetation: Partially Wooded
- Fencing (Description): Cross Fenced, Fenced, Wire
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $5,775
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: A0417 M GILBERT, ACRES 2.91
- Property ID: 75716
Listed by Paragon, Realtors, Megan Towery
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Schools
Schools serving 1847 Co Rd 4205
School District:Bonham Independent School District
| Name | Grades | Distance |
|---|---|---|
Evans Elementary School 1300 North Main Street, Bonham, TX 75418 | 4-6 | 2.6 mi |
Finley-Oates Elementary School 1901 Albert Broadfoot Street, Bonham, TX 75418 | K-3 | 3.1 mi |
Rather L High School 1201 North Main Street, Bonham, TX 75418 | 7-8 | 2.5 mi |
Bonham High School 1002 Warpath Drive, Bonham, TX 75418 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1847 Co Rd 4205
Date
Details
Price
Change
Source
8/11/2026
Price Reduced
$899,500
-5.32%
MLS
5/18/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1847 Co Rd 4205
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,905
23%
$424,930
1%
2024
$4,818
89%
$419,280
14%
2018
$2,548
—
$367,470
7%
2018
$2,548
—
$341,860
20%
2018
$2,548
—
$284,490
10%
2018
$2,548
—
$258,300
41%
2018
$2,548
—
$183,330
25%
2018
$2,548
100%
$146,800
1%
2014
100%
$145,200
4%
2014
—
$139,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1847 Co Rd 4205
Want to learn more about 1847 County Road 4205? Do you have questions about finding other Farm real estate for sale in Bonham? You can browse all Bonham real estate or contact a Coldwell Banker agent to request more information.

