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$217,090

NAL Estimated Property Value

1611 N Center St, Bonham, TX, 75418

$267,358 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,520 Sq Ft
Year BuiltBuilt in 1970

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size28,096 sqft

Land Information

APN129415
Lot Number2
Land UseCommercial
Legal DescriptionMC BROOM ADDITION, LOT 2, ACRES 0.645
Census Tract950401
Assessed Land Value$60,410
Assessed Improvement Value$156,680
Assessment Year2025

About this property

Don’t miss this rare opportunity to own a well-maintained commercial 2,500 SF concrete building situated on over half an acre with high visibility and road frontage on Main Street, plus additional access from Center Street. This commercial functional space features: Two roll-up doors for easy loading and unloading. Private office space and restroom. Paved parking lot with plenty of space for customers or equipment. Covered RV parking with a 50 amp plug, perfect for added storage or use. Fully fenced lot for security and privacy. Ideal for a variety of uses: automotive, storage, small business headquarters, or workshop space, this property offers the flexibility and location that’s hard to find. Whether you're expanding your business or investing in your future, this property checks all the boxes.

Investor Tools

Property Icon
$217,090
Estimated Property Value
$0Estimated Mortgage Balance
$217,090Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$267,357
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,355
$217,090
2025
$60,410
$156,680
$217,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,355
$217,090

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$217,090
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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1611 N Center St | Property Details | No Agent List