$195,000
621 E 8th Street, Bonham, TX, 75418
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesElectric Range, Microwave
Exterior
Lot Size10,877 sqft
Building Information
Year Built1930
Land Information
APN92108
Land UseResidential
Legal DescriptionINGLISH ADDN, BLOCK 23
Census Tract950402
Assessed Land Value$45,470
Assessed Improvement Value$140,510
Assessment Year2025
About this property
Cute recently updated 3 bedroom , 2 full bath. Close proximity to downtown Bonham. Large lot with ample with space to add a garage or workshop. Painted recently inside and out. Windows, Central AC, floors and kitchen have also been updated. Come check this property out, large lot with room for parking boat or RV. Move in ready. Seller will be updating living area, kitchen and hallway floors.
Investor Tools
$16,655Estimated Mortgage Balance
$176,345Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,899
$185,980
2025
$45,470
$140,510
$185,980
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,899
$185,980
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swartz & Brough Inc
Unknown
$31,050
No
First
Jun 13, 2008
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,655
$176,345
91%
9%
$0/mo
