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$320,000

2707 S State Highway 121 Highway S, Bonham, TX, 75418

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths2,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.94 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
AppliancesGas Cooktop, Microwave, Other

Exterior

Exterior FeaturesBalcony, RV Hookup, Other
Lot Size2.42 acres

Building Information

Year Built1990
Garage Spaces1

Land Information

APN71502
Land UseResidential
Legal DescriptionA0114 W BEATY, ACRES 2.425
Census Tract950600
Assessed Land Value$274,630
Assessed Improvement Value$71,630
Assessment Year2025

About this property

Want a little country living with investment potential? Situated on 2.425 acres with Hwy 121 frontage just outside of Bonham, this property offers excellent visibility and plenty of possibilities. Improvements include a large shop on a concrete pad with electricity, two oversized doors, 220V outlets, a compressor, an attached RV port, and some existing automotive repair fixtures. The property is ready for a makeover—bring your vision and make it your own. Investors welcome. Property is being sold AS IS. Buyer to verify all measurements, taxes, permitted use, and any required county approvals for a change of use. Value is primarily in the land, highway frontage, and improvements. All fair offers welcome.

Investor Tools

$0Estimated Mortgage Balance
$422,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,532 /month
Positive
Cash Flow Estimate:
$844 /month

Interested in this property?

Alejandra Silva

AXEN Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$983
$346,260
2025
$274,630
$71,630
$346,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$983
$346,260

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$422,000
100%
0%
$0/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.

Explore Texas Explore This Area
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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2707 S State Highway 121 Highway S | Property Details | No Agent List