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$65,500

1309 S Shore Drive, Bonham, TX, 75418

Off MarketInfo
Baths0 Bath
Baths1,944 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3.38 acres

Building Information

Year Built2022

Land Information

APN92815
Lot Number30R
Land UseResidential
Legal DescriptionTHE MEADOWS ADDN, LOT 30R, ACRES 3.379
Census Tract950402
Assessed Land Value$202,740
Assessed Improvement Value$371,750
Assessment Year2025

About this property

3 +- acres with a lake view! Looking for a nice rolling lot with beautiful shade trees, outside of town, but not to far? Then take a look at this lot in the Meadows Subdivision at Bonham Lake. Property has a view of the lake, electric on site, city water line at the road and is situated in an established neighborhood. More lots are available to choose from. Lot size is an estimate. A survey will be needed to verify exact acreage.

Investor Tools

Property Icon
$601,000
Estimated Property Value
$0Estimated Mortgage Balance
$291,852Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,606 /month
Positive
Cash Flow Estimate:
$1,202 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$786/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,427
$574,490
2025
$202,740
$371,750
$574,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,427
$574,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fannin Bank
Building Or Construction Loan
$337,900
No
First
Oct 19, 2021
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,148
$291,852
48%
51%
$2,026/mo

Learn About the Market: Opportunity in Texas

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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.

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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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1309 S Shore Drive | Property Details | No Agent List