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$595,000

1310 S Shore Drive, Bonham, TX, 75418

Off MarketInfo
Baths0 Bath
Baths2,106 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size40,075 sqft

Building Information

Year Built2022

Land Information

APN92812
Lot Number27
Land UseResidential
Legal DescriptionTHE MEADOWS ADDN, LOT 27, ACRES 0.92
Census Tract950402
Assessed Land Value$91,850
Assessed Improvement Value$356,250
Assessment Year2025

About this property

Looking for a small tract of land close to Bonham Lake? Then take a look at this tract located in The Meadows Subdivision at Lake Bonham. This property is located in an established neighborhood, has electric on site and a City of Bonham water line is at the road. More lots are available. Land is on a 99 year lease with the City of Bonham.

Investor Tools

Property Icon
$595,000
Estimated Property Value
$0Estimated Mortgage Balance
$283,950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,240
$448,100
2025
$91,850
$356,250
$448,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,240
$448,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fannin Bank
Open End Mortgage / Open End With Future Advance Clause
$334,400
No
First
Aug 24, 2022
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,050
$283,950
47%
52%
$2,005/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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