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$170,000

NAL Estimated Property Value

311 E Russell Avenue, Bonham, TX, 75418

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,058 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.05 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesElectric Range
FlooringCombination

Exterior

Lot Size8,751 sqft

Building Information

Year Built1955

Land Information

APN91772
Lot Number10
Land UseResidential
Legal DescriptionGLENDALE ADDN, BLOCK 1, LOT 10, ACRES .2009
Census Tract950402
Assessed Land Value$35,260
Assessed Improvement Value$108,500
Assessment Year2025

About this property

This home can be used as INCOME or as YOUR home! This home is now vacant and ready to show. Look and see how you can make it your own! 3 bedroom and one bath with hardwood floors. Central heat and air with a fenced back yard and a garage for storage.

Investor Tools

Property Icon
$170,000
Estimated Property Value
$128,362Estimated Mortgage Balance
$41,638Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,398
$143,760
2025
$35,260
$108,500
$143,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,398
$143,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$137,750
No
First
Sep 15, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,362
$41,638
24%
76%
$826/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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311 E Russell Avenue | Property Details | No Agent List