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$159,750

NAL Estimated Property Value

200 Wes Michael Road, Bonham, TX, 75418

$207,675 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,274 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.25 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListARV Flip

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Vinyl

About this property

Discounted home on a beautiful and quiet block. This brick home sits on a corner lot with a fireplace, central HVAC and a fenced in yard. It could use some upgrades and renovations but we have started the process for you with all new paint and flooring throughout. Great opportunity for someone looking to buy a home under market value and willing to make it their own. It could also be a solid investment property as a rental. Sold As Is. No repairs. House sits on lot 9. Lot 8 next door is not for sale.

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$207,675
Rent-to-Value Ratio: 0.72%
Rent Estimate
$959 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

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

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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200 Wes Michael Road | Property Details | No Agent List