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$995,000
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Property Description
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!
Full Property Details
Full Property Details for 408 Rainey St
General
- Price: $995,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21208938
- Updated: 3/16/2026
- Added to Site: 59 day(s) ago
Interior
- Interior Features: Wet Bar, Chandelier, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, In-Law Floorplan, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Stone, Wood Burning
- Appliances: Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Vented Exhaust Fan
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Additional Information
- Pool: Yes
- Pool Description: Cabana, Fenced, Gunite, In Ground, Outdoor Pool, Pool, Pool Sweep, Waterfall, Water Feature
- Security/Safety: Security System Owned, Security System, Carbon Monoxide Detector(s), Fire Alarm, Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Rain Gutters
- Porch/Patio/Deck: Balcony, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 4
- Parking Features: Additional Parking, Circular Driveway, Concrete, Drive Through, Driveway, Electric Gate, Garage, Garage Door Opener, Gated, Porte-Cochere, Garage Faces Side
Location
- County: Fannin
- Subdivision: A0112
- Driving 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 and turn right onto Rainey St. Entry will be on your left in approximately 500 ft.
School Information
- Elem School District: Bonham ISD
- Midd School District: Bonham ISD
- High School District: Bonham ISD
- Elementary School: Finleyoate
- High School: Bonham
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Heat Pump
- Heating Type: Central, Electric, ENERGY STAR Qualified Equipment, Fireplace(s), Heat Pump, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Connected, Sewer Available, Underground Utilities, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Spanish, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Stucco
- Roof: Metal, Spanish Tile
- Stories/Levels: 2
- Living Area: 3,350 Sq. Ft.
- Year Built: 1983
Lot Features
- Lot Size (Acres): 5.419
- Lot Size (Sq. Ft.): 236,051.64
- Frontage: All Weather Road
- Lot Features: Acreage, Landscaped, Native Plants, Many Trees
- Trees/Vegetation: Grassed, Wooded
- Fencing (Description): Wrought Iron
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, FHA, Texas Vet, VA Loan
Disclosures and Reports
- Legal Description: A0112 H BURKHARDT, ACRES 5.419
- Property ID: 71355
Listed by RE/MAX Visionary, David Harrison
Get Pre-Approved Today
Schools
Schools serving 408 Rainey St
School District:Bonham Independent School District
| Name | Grades | Distance |
|---|---|---|
Finley-Oates Elementary School 1901 Albert Broadfoot Street, Bonham, TX 75418 | K-3 | 0.5 mi |
Evans Elementary School 1300 North Main Street, Bonham, TX 75418 | 4-6 | 1 mi |
Rather L High School 1201 North Main Street, Bonham, TX 75418 | 7-8 | 1.1 mi |
Bonham High School 1002 Warpath Drive, Bonham, TX 75418 | 9-12 | 0.7 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 408 Rainey St
Date
Details
Price
Change
Source
3/15/2026
Listed
$995,000
—
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 408 Rainey St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,483
—
$792,060
-3%
2024
$6,483
-27%
$814,870
—
2018
$8,837
—
$818,630
11%
2018
$8,837
—
$740,000
41%
2018
$8,837
—
$525,000
3%
2018
$8,837
—
$509,350
12%
2018
$8,837
100%
$455,925
5%
2014
100%
$435,040
4%
2014
—
$419,670
—
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 408 Rainey St
408 Rainey Street, Bonham, TX 75418 (MLS# 21208938) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 408 Rainey Street is currently listed for $995,000 and was received on March 15, 2026. Want to learn more about 408 Rainey Street? Do you have questions about finding other Single Family real estate for sale in Bonham? You can browse all Bonham real estate or contact a Coldwell Banker agent to request more information.

