$163,742
1115 S 6th Street, Bonham, TX, 75418
On Market
Property Lead Type:
High EquityCash Buyers
Highlights
Interior
AppliancesDryer, Gas Range, Gas Water Heater, Refrigerator, Washer
FlooringVinyl
Exterior
Lot Size21,179 sqft
Building Information
Year Built1940
Land Information
APN83703
Land UseResidential
Legal DescriptionA1018 J P SIMPSON LIFE ESTATE
Census Tract950600
Assessed Land Value$44,690
Assessed Improvement Value$51,570
Assessment Year2025
About this property
This 1,178 sq ft home sits on nearly half an acre and offers 2 bedrooms and 1 bathroom, with a flexible front room currently being used as a bedroom. The spacious lot is shaded by beautiful, mature pecan trees, creating a peaceful setting with plenty of room for kids to play and pets to roam. A 21x23 workshop with electricity adds extra value and is perfect for projects, storage, or hobbies. With wide-open outdoor space and endless possibilities, this property is ideal for those looking to enjoy a little extra room to spread out and relax.
Investor Tools
$0Estimated Mortgage Balance
$162,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$982 /month
Positive
Cash Flow Estimate:
$327 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,223
$96,260
2025
$44,690
$51,570
$96,260
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,223
$96,260
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$162,000
100%
0%
$0/mo
