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$329,000

1580 Fm 273, Bonham, TX, 75418

$413,643 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,862 Sq Ft
OfficeOffice
price_per_sqft$67.67 / sqft
Year BuiltBuilt in 1987

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet

Exterior

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
$366,010Estimated Mortgage Balance
$481,164Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$413,643
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

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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1580 Fm 273 | Property Details | No Agent List