Last 24 Hours
$195,170
NAL Estimated Property Value1900 N Center Street, Bonham, TX, 75418
Off Market
Commercial
— Beds
— Bath
2,252 Sq Ft
Built in 1980Highlights
Interior
Bedrooms —
Bathrooms —FlooringConcrete
Exterior
Lot Size14,641 sqft
Land Information
APN91967
Lot Number1,2
Land UseCommercial
Legal DescriptionHUNTER TERRACE ADDN, BLOCK 4, LOT 1,2, ACRES 0.3361
Census Tract950402
Assessed Land Value$77,010
Assessed Improvement Value$118,160
Assessment Year2025
About this property
Are you looking for commercial space in the heart of Bonham, TX? This spot was previously utilized as a used car lot but has the potential to be ideal for any business. It is conveniently located near schools and other businesses. The lot is already fenced. Bring your ideas and come check out this place.
Investor Tools
$195,170
Estimated Property Value
$140,275Estimated Mortgage Balance
$54,895Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$391/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,716
$195,170
2025
$77,010
$118,160
$195,170
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,716
$195,170
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Commercial
$150,000
No
First
Nov 2, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,275
$54,895
28%
72%
$900/mo
12.4%