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$217,000

NAL Estimated Property Value

1664 E State Highway 56 Highway, Bonham, TX, 75418

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,515 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.55 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Washer
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size2.06 acres

Building Information

Year Built1972

Land Information

APN82546
Land UseResidential
Legal DescriptionA0950 J ROGERS, ACRES 2.06
Census Tract950500
Assessed Land Value$89,280
Assessed Improvement Value$101,770
Assessment Year2025

About this property

Great curb appeal on 2 acres with many trees, that's just waiting for you to update! This 1,515 sf house has 3 bedrooms and 2 baths with a large fenced back yard, outbuildings for storage and a large storm cellar. This property has TONS of potential to be updated to the Farm House look and would be a stunner!

Investor Tools

Property Icon
$217,000
Estimated Property Value
$142,827Estimated Mortgage Balance
$74,173Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,302 /month
Positive
Cash Flow Estimate:
$434 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,760
$191,050
2025
$89,280
$101,770
$191,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,760
$191,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$153,000
No
First
Oct 6, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,827
$74,173
34%
66%
$918/mo

City: Bonham

1664 E State Highway 56 Highway | Property Details | No Agent List