$202,680
NAL Estimated Property Value122 W 3rd Street, Bonham, TX, 75418
Off Market
Commercial
Highlights
Interior
Exterior
Lot Size1.18 acres
Land Information
APN93711
Lot Number2,3
Land UseCommercial
Legal DescriptionSIMPSON DONATION, BLOCK PT OF 12, LOT 2,3, ACRES 1.175
Census Tract950600
Assessed Land Value$202,680
Assessment Year2025
About this property
One acre +- lot in the Heart of Bonham TX. This nicely shaded lot is located in the downtown historical district, is over one acre, has visibility from Sam Rayburn Dr, is adjacent to the BEDCO free parking, and is a stone's throw from the Fannin County Court House that is currently under renovation. This property has endless potential & possibilities.
Investor Tools
$202,680
Estimated Property Value
$0Estimated Mortgage Balance
$202,680Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,216 /month
Positive
Cash Flow Estimate:
$405 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$84/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$202,680
2025
$202,680
N/A
$202,680
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$202,680
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,680
100%
0%
$0/mo
