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$199,000

NAL Estimated Property Value

304 E Russell Ave, Bonham, TX, 75418

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,218 Sq Ft
price_per_sqft$146.96 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range
FlooringCarpet, Linoleum

Exterior

Lot Size12,245 sqft

Building Information

Year Built1959

Land Information

APN91779
Lot Number3
Land UseResidential
Legal DescriptionGLENDALE ADDN, BLOCK 3, LOT 3
Census Tract950402
Assessed Land Value$46,650
Assessed Improvement Value$100,510
Assessment Year2025

About this property

We are in multiple offers & the sellers have requested for everyone to submit their highest & best offer, due Monday April 21st 3pm. Please send your offers to my office manager Diane Smith at [email protected] or bring to our office at 721 N Center St Bonham Tx 75418 in a sealed envelope by the deadline. Please also feel free to text Diane at 903 227 1182 to confirm receipt of your offer. Charming 3-bedroom, 1-bath home located in the heart of Bonham. From the moment you enter, you're wrapped in that unmistakable feeling of home. This well-maintained property features an open living and dining area with abundant natural light. The kitchen offers ample cabinetry—perfect for gatherings. Enjoy relaxing evenings under the gazebo, additional highlights include a covered parking space, and curb appeal enhanced by mature trees and tidy landscaping. Situated near schools, parks, and shopping, this move-in-ready home is ideal for anyone seeking comfort and convenience in a growing community. Schedule your showing today!

Investor Tools

Property Icon
$199,000
Estimated Property Value
$373,877Estimated Mortgage Balance
$1,065Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,914
$147,160
2025
$46,650
$100,510
$147,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,914
$147,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fbc Mortgage Llc
Fha
$186,558
Yes
First
May 27, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,877
N/A
0%
188%
$2,283/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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304 E Russell Ave | Property Details | No Agent List