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$382,000

NAL Estimated Property Value

2693 W Fm 898, Bonham, TX, 75418

$390,673 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,980 Sq Ft
price_per_sqft$63.13 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesGas Cooktop, Gas Oven
FlooringCarpet, Wood

Exterior

Lot Size7 acres

Building Information

Year Built1945
Garage Spaces2

Land Information

APN80742
Land UseResidential
Legal DescriptionA0810 MC KINNEY & WILLIAMS, ACRES 7.0
Census Tract950402
Assessed Land Value$169,400
Assessed Improvement Value$157,990
Assessment Year2025

About this property

Have you been watching to much HGTV during COVID 19? Well, come turn your dreams into reality, the house has recently been leveled, has new flooring trusses, has new plumbing, mostly new electrical, comes with a workshop out back and 7 beautiful acres. YOU DON'T WANT TO MISS OUT ON THIS DEAL

Investor Tools

Property Icon
$382,000
Estimated Property Value
$95,303Estimated Mortgage Balance
$286,697Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$390,672
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,760
$327,390
2025
$169,400
$157,990
$327,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,760
$327,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Credit Line (Revolving) / Heloc
$100,000
No
First
Oct 25, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,303
$286,697
75%
25%
$600/mo

City: Bonham

2693 W Fm 898 | Property Details | No Agent List