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$35,000

809 E 7th Street, Bonham, TX, 75418

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths1,542 Sq Ft
Single Family ResidenceSingle Family Residence

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5,619 sqft

Building Information

Year Built2022

Land Information

APN132773
Land UseResidential
Legal DescriptionINGLISH ESTATE ADDN, BLOCK 18R, LOT 2R2, ACRES .129
Census Tract950402
Assessed Land Value$34,950
Assessed Improvement Value$253,030
Assessment Year2025

About this property

Here is a great lot to build on inside the city limits of Bonham. This is a large lot with new homes surrounding it. It sits on the corner of Katy and 7th St. No known restrictions.

Investor Tools

$247,815Estimated Mortgage Balance
$40,165Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

Interested in this property?

Tena Underwood

Lipscomb Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,562
$287,980
2025
$34,950
$253,030
$287,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,562
$287,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Unknown
$254,210
No
First
Apr 11, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,815
$40,165
13%
86%
$1,525/mo

City: Bonham