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$899,000

1420 W Sam Rayburn Drive, Bonham, TX, 75418

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,296 Sq Ft
Mixed UseMixed Use
price_per_sqft$693.67 / sqft
Year BuiltBuilt in 1945

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile, Laminate

Exterior

Lot Size48.59 acres

Building Information

Year Built1945

Land Information

APN75880
Land UseAgriculture / Farming
Legal DescriptionA0432 W GILBERT, ACRES 48.59
Census Tract950401
Assessed Land Value$504,350
Assessed Improvement Value$65,810
Assessment Year2025

About this property

This property is mixed use. It has been approved for hotel, gas station, multi family and residential just to name a few. Please do your due diligence with the city of Bonham. There are 2 income producing billboards on the property currently. As well as a 2,500 sq ft pole barn It is only a 15 minute Drive to the Bois D' Arc Lake, this property is priced to sell and wont last long!

Investor Tools

Property Icon
$570,160
Estimated Property Value
$0Estimated Mortgage Balance
$570,160Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,100/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,349
$570,160
2025
$504,350
$65,810
$570,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,349
$570,160

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$570,160
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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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1420 W Sam Rayburn Drive | Property Details | No Agent List