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$359,000

1328 Franklin Avenue, Bonham, TX, 75418

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,798 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.67 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank

Exterior

Exterior FeaturesLighting, Rain Gutters
Lot Size9,200 sqft

Building Information

Garage Spaces2

Land Information

APN91636
Lot Number1
Land UseResidential
Legal DescriptionFAIRVIEW ADDN, BLOCK 24, LOT 1
Census Tract950401
Assessed Land Value$35,140
Assessment Year2025

About this property

Elevated finishes, distinctive design, and thoughtful upgrades give this new construction home a custom-home feel. Offering 3 bedrooms, 2 bathrooms, and a 2-car garage with an 8-foot-tall garage door, the open layout features 9-foot ceilings and waterproof luxury vinyl plank flooring throughout the main living areas. A gas fireplace framed by built-in cabinetry and shelving anchors the living room, while a separate built-in coffee and serving bar adds storage and entertaining space. The kitchen features an upgraded appliance package with a gas range-oven and LG built-in microwave and wall oven combination, providing two ovens for added cooking flexibility. Abundant cabinetry, a range hood, tile backsplash, and a walk-in pantry complete the space. The spacious primary suite offers a tray ceiling, sliding barn door, and a beautifully appointed bathroom featuring a dual-sink vanity, gold-tone fixtures, abundant storage with additional countertop cabinetry, an oversized tiled shower, and a large walk-in closet. Two additional bedrooms offer flexible space for guests, a home office, or hobbies, with convenient access to the secondary bathroom featuring a tiled tub-shower surround. A built-in mudroom bench with cubbies and overhead storage creates a convenient drop zone inside the garage entry, while the dedicated laundry room offers additional built-in cabinetry. Situated on a generous 0.21-acre lot with mature trees, this home offers covered front and back porches and a fenced backyard. Additional upgrades include spray foam insulation and a tankless, on-demand water heater for energy efficiency, plus gutters and front and back sprinkler systems.

Investor Tools

$234,634Estimated Mortgage Balance
$43,366Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

Interested in this property?

Colin Conn

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$179/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$764
$35,140
2025
$35,140
N/A
$35,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$764
$35,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Texas National Bank
Building Or Construction Loan
$236,000
No
First
Jun 5, 2026
Jun 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,634
$43,366
15%
84%
$1,415/mo

City: Bonham

1328 Franklin Avenue | Property Details | No Agent List