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$808,970

NAL Estimated Property Value

1580 Fm 273, Bonham, TX, 75418

Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths4,862 Sq Ft
price_per_sqft$67.67 / sqft
Year BuiltBuilt in 1987

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
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

Property Icon
$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

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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

City: Bonham

1580 Fm 273 | Property Details | No Agent List