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$170,000

1110 Chestnut Street, Bonham, TX, 75418

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,168 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.55 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal
FlooringWood

Exterior

Lot Size4,574 sqft

Building Information

Year Built1940

Land Information

APN92230
Land UseResidential
Legal DescriptionINGLISH ADDN, BLOCK PT OF 36, TODD
Census Tract950402
Assessed Land Value$29,830
Assessed Improvement Value$127,050
Assessment Year2025

About this property

Full of charm and character, this beautifully updated 3-bedroom, 2-bath home offers the perfect blend of historic appeal and modern convenience in the heart of Bonham. Built in 1940 and situated on a pier-and-beam foundation, the home features original hardwood floors that add warmth and timeless character throughout its 1,168 square feet of living space. The inviting open-concept layout creates a comfortable flow between the living, dining, and kitchen areas, making it ideal for everyday living and entertaining. Thoughtful updates preserve the home's charm while providing the conveniences today's buyers appreciate. Major improvements offer peace of mind, including updated electrical and plumbing (2021), HVAC and heat pump (2016), water heater (2018), and a roof (2024). The low-maintenance 0.10-acre lot includes a fenced backyard with space to relax, garden, or enjoy time with family and pets. Conveniently located just steps from the elementary school and city park, and only minutes from downtown Bonham shopping, dining, and community events, this move-in-ready home is perfect for first-time buyers, downsizers, investors, or anyone looking to enjoy small-town living with modern updates already in place. Don't miss the opportunity to own a piece of Bonham's history with the comfort and confidence of today's essential upgrades. For investors, this is a cash flow positive opprotunity!

Investor Tools

$0Estimated Mortgage Balance
$163,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

Interested in this property?

Corey Chambers

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,247
$156,880
2025
$29,830
$127,050
$156,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,247
$156,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$163,000
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 Chestnut Street | Property Details | No Agent List