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$189,250

NAL Estimated Property Value

1508 N Center Street, Bonham, TX, 75418

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths904 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.03 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesNone
FlooringCarpet, Wood

Exterior

Lot Size25,439 sqft

Building Information

Year Built1900

Land Information

APN92967
Lot Number6
Land UseResidential
Legal DescriptionPARK ADDN, BLOCK 1, LOT 6
Census Tract950402
Assessed Land Value$113,460
Assessed Improvement Value$75,790
Assessment Year2025

About this property

NEW PRICE, Come see this fully restored vintage property.Exterior newly painted, foundation level, new roof, new back porch, new back porch, new central air & heat, huge back yard. This will be a fantastic home, office, retail shop or even a private residence. Center Street has a great drive by potential for your business. Front room, kitchen area, and two other rooms, restored bathroom with original claw foot tub, this is totally ready for your ideas, and family. Interior has original refinished hardwood flooring, with restored, exposed shiplap walls! Bead board ceiling, and original stain glass windows brings back the beauty of its past history. Come see this property!

Investor Tools

Property Icon
$189,250
Estimated Property Value
$0Estimated Mortgage Balance
$189,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,136 /month
Positive
Cash Flow Estimate:
$379 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,478
$189,250
2025
$113,460
$75,790
$189,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,478
$189,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$189,250
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.

Explore Texas Explore This Area
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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1508 N Center Street | Property Details | No Agent List