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$403,920

NAL Estimated Property Value

2005 S Village Drive, Bonham, TX, 75418

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,853 Sq Ft
price_per_sqft$202.37 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Lot Size15,577 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN109162
Lot Number51
Land UseResidential
Legal DescriptionCOUNTRY CLUB VILLAGE ADDN, BLOCK 1, LOT 51
Census Tract950402
Assessed Land Value$56,700
Assessed Improvement Value$347,220
Assessment Year2025

About this property

New Construction, Beautiful 3 bedroom 2 bath White Brick Modern Farmhouse located on large lot close to local dining and shopping in the growing community of Bonham. This home has an wonderful open floor plan with a vaulted ceiling in the Living area that is open to the Kitchen and Dining area making for a great place to entertain those large family gatherings. The bedrooms are split with the Master at the back of the home with a large private bathroom and walk-in shower that is sure to please. The two front bedrooms have a shared bathroom that also shares as a guest bathroom. There is a large utility room leading out the the 2 car garage at the front of the home. On the outside you'll find a large front and back porch area that are covered for you to enjoy the mornings and evenings. Come check this one out today!

Investor Tools

Property Icon
$403,920
Estimated Property Value
$208,699Estimated Mortgage Balance
$195,221Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$403,920
2025
$56,700
$347,220
$403,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$403,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$226,000
No
First
Apr 22, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,699
$195,221
48%
52%
$1,355/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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2005 S Village Drive | Property Details | No Agent List