406 W 1st St, Mount Pleasant, TX, 75455
About This Home
Own a piece of Northeast Texas history with the renowned "Bonnet House." This stunning 1935 architectural gem has been meticulously reimagined to offer a rare triple-threat investment opportunity as a high-performing short-term rental for Airbnb or VRBO, a sophisticated secondary residence, or a prestigious full-time family estate. Offered as a fully furnished, income-generating property, this five-bedroom, 4.5-bathroom landmark is guest-ready from day one. Investors can bypass the setup process and immediately begin hosting in a market with high demand for luxury group stays, and boutique travel experiences. Approximately 75% of the home has undergone a top-to-bottom renovation, including a new roof, new plumbing, new electrical, and new HVAC systems. All five oversized bedrooms feature individual mini-split units to ensure personalized comfort and peak energy efficiency for every guest. The designer interiors include a completely remodeled chef’s kitchen, brand-new luxury showers and soaking tubs, and updated energy-efficient windows on the main floor. The "Bonnet House" maintains its 1935 character while delivering the high-end aesthetic today's buyers crave. Architectural highlights include striking original brickwork, curated designer wallpapers, and statement light fixtures, alongside the charming original mailbox drop built directly into the front door. The layout flows seamlessly from the cozy library and study with a fireplace to formal dining and living rooms built for entertaining. The backyard has been professionally designed to serve as a private oasis and a premier destination for gatherings and retreats. True to its namesake, the grounds transform every spring into a breathtaking sea of Texas Bluebonnets. Experience the best of Mount Pleasant with an unbeatable location just steps away from vibrant downtown shopping and dining. Whether seeking a flagship addition to your rental portfolio or a grand historic estate, this is a premier opportunity.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1935
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Construction materials: Brick and Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Early American
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven-Gas,Dishwasher,Microwave,Refrigerator,2 or more Water Heaters
Bathroom
- Features: Shower Only,Tub Only,Shower and Tub,Walk-In Closet(s),Linen Closet
Bedroom
- Features: Walk-In Closet(s)
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Dining Room
- Features: Separate Formal Dining
Features
- Kitchen Island
- Fireplace features: Gas Log,Master Bedroom
- Fireplace: Yes
Heating & Cooling
- Heating features: Central/Gas,Fireplace(s)
- Cooling features: Central Electric,Individual Controlled,Ceiling Fan(s)
Interior Area
- Total structure area: 4,916
- Total interior livable area: 4,916 sqft
Property
Details
- Parcel number: 10842
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Patio Covered
- Exterior features: Lighting
- Fencing: Wood
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Strong Wind
- Cold Wave
- Hail
- Heat Wave
- Lightning
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,983 | $35,796 |
| Home Insurance * | $508 | $6,096 |
| Property Taxes | $540 | $6,480 |
| Electricity | $539 | $6,477 |
| Total | $4,570 | $54,840 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-16 | Price change | $590,000 |
| 2025-12-16 | Listed for sale | $650,000 |
| 2023-10-24 | Sold | -- |
| 2023-10-10 | Price change | $299,900 |
| 2023-09-08 | Listed for sale | $359,900 |
| 2023-08-24 | Pending sale | $359,900 |
| 2023-07-17 | Listed for sale | $359,900 |
For Sale by Agent
View on Zillow