Last 24 Hours
$142,900
1305 Lynn Street, Bonham, TX, 75418
On Market
3 Beds
1 Bath
954 Sq Ft
$149.79 / sqft
Built in 1954Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 1AppliancesElectric Cooktop, Electric Oven
Exterior
Lot Size12,798 sqft
Building Information
Year Built1954
Land Information
APN92696
Lot Number11
Land UseResidential
Legal DescriptionLISPCOMB ADDN 1, BLOCK 1, LOT S 48' OF 12 & N 16' LOT 11
Census Tract950402
Assessed Land Value$52,980
Assessed Improvement Value$90,140
Assessment Year2025
About this property
Located across the street from the VA in Bonham, TX. This three bedroom one bath room home was recently updated. Large trees in the backyard offer plenty of shade. Currently being used as a rental, it would make a great addition for someone looking to add to their portfolio. Would also make a great place for a first time home buyer or someone looking to downsize.
Investor Tools
$101,498Estimated Mortgage Balance
$41,622Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$859 /month
Positive
Cash Flow Estimate:
$286 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,406
$143,120
2025
$52,980
$90,140
$143,120
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,406
$143,120
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lima One Capital Llc
Commercial
$106,500
No
First
Jan 31, 2024
Feb 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,498
$41,622
29%
71%
$639/mo
12.4%