$128,000
NAL Estimated Property Value1120 Elm Street, Bonham, TX, 75418
Off Market
Highlights
Interior
Exterior
Lot Size31,585 sqft
Building Information
Year Built1905
Land Information
APN92176
Lot Number1-3,1R
Land UseResidential
Legal DescriptionINGLISH ADDN, BLOCK REPLAT OF NW CORNER OF 28, LOT 1R, RPLT OF LT 1, 2 & 3, ACRES .7251
Census Tract950402
Assessed Land Value$98,860
Assessed Improvement Value$22,040
Assessment Year2025
About this property
Lovely land with trees ready for new homes to be built. 3 lots. Lot 2 is over a half acre and has a spacious 1350 sqft well lit, concrete foundation metal building (30 x 45) for use as a garage, workshop and or storage. On the front of the building is 750 sqft of covered carport (30 x 25). Owner will consider leasing the metal building for $800 monthly or accepting 10% or more down payment and $720 interest only monthly payments on purchase. Buyer or renter to pay property taxes and insurance separately or by escrow.
Investor Tools
$128,000
Estimated Property Value
$54,712Estimated Mortgage Balance
$73,288Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$768 /month
Positive
Cash Flow Estimate:
$256 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,257
$120,900
2025
$98,860
$22,040
$120,900
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,257
$120,900
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Captex Bank
Unknown
$102,000
No
First
Feb 15, 2008
Feb 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,712
$73,288
57%
43%
$612/mo
