$808,970
NAL Estimated Property Value1580 Fm 273, Bonham, TX, 75418
Off Market
Commercial
Highlights
Interior
FlooringCarpet
Exterior
Exterior FeaturesStorage
Lot Size2.12 acres
Building Information
Year Built1987
Land Information
APN83128
Land UseCommercial
Legal DescriptionA0993 S SLAUGHTER, ACRES 2.116
Census Tract950402
Assessed Land Value$127,660
Assessed Improvement Value$681,310
Assessment Year2025
About this property
2.5 +- acres in a great location with lots to offer! 4862 sq ft brick building, 1125 sq ft house with 3 bedrooms & 2 baths, and a 30x20 metal workshop with an office & restroom. The possibilities are endless, expand your church, open a restaurant, B&B, have a retail store, or open your dream business. Property is located on a corner lot and is in direct traffic to Bonham Lake and Bois D' Arc Lake.
Investor Tools
$808,970
Estimated Property Value
$327,806Estimated Mortgage Balance
$481,164Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,854 /month
Positive
Cash Flow Estimate:
$1,618 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,143/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,668
$808,970
2025
$127,660
$681,310
$808,970
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,668
$808,970
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Building Or Construction Loan
$366,010
No
First
Dec 30, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,806
$481,164
59%
41%
$2,195/mo
