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$290,000

1110-1112 N Main Street, Bonham, TX, 75418

Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths2,168 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size12,140 sqft

Building Information

Year Built2009

Land Information

APN92488
Land UseResidential
Legal DescriptionO M KENNEDY ADDN, BLOCK PT OF 5, ACRES .2787
Census Tract950401
Assessed Land Value$42,610
Assessed Improvement Value$199,700
Assessment Year2025

About this property

Income-Producing Duplex in Growing Bonham, TX! Attention investors! This duplex at 1110-1112 N Main St. offers a fantastic opportunity to own a cash-flowing rental property in the up-and-coming town of Bonham, TX—a great market for long-term investment. Property Highlights: Two spacious 2-bedroom, 1-bathroom units; Private fenced yards for added tenant appeal; Stable rental income: Unit 1110: Leased at $1,250 per month through 11-30-2026 Unit 1112: Leased at $1,200 per month since March 2022 through 2-28-2027 Reliable, long-term tenants already in place Located in a high-demand rental area with strong growth potential, this duplex is a turnkey investment in a thriving community. Don't miss this chance to own a solid income-producing property! Fully leased, this property presents a ready-to-go income stream for savvy investors looking for immediate returns and future growth. No sign in yard. DO NOT DISTURB TENANTS. No showings will be granted without offer to purchase.

Investor Tools

$0Estimated Mortgage Balance
$242,310Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,707
$242,310
2025
$42,610
$199,700
$242,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,707
$242,310

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$242,310
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bonham

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1110-1112 N Main Street | Property Details | No Agent List