$285,000
NAL Estimated Property Value401 Glen Oaks Road, Bonham, TX, 75418
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Wood
Exterior
Lot Size12,301 sqft
Building Information
Year Built1966
Garage Spaces2
Land Information
APN91028
Lot Number6
Land UseResidential
Legal DescriptionBIRDWELL ADDN 3, BLOCK 3, LOT 6
Census Tract950402
Assessed Land Value$46,750
Assessed Improvement Value$195,000
Assessment Year2025
About this property
A great home on a large corner lot with many upgrades. This 3 bedroom 2 bath home was leveled in 2015 with a minor adjustment in 2016 with a transferable warranty. Also in 2015 the sellers installed ceramic tile in the small living room, kitchen, utility room, hallway and both bathrooms. In 2017 they replaced the dishwasher and kitchen stove and had new insulation blown in. Upgrades in 2018 include a new roof and back fence. A new heat and ac unit was added in 2019. The backyard storage building doubles as a workshop. More pictures coming soon
Investor Tools
$285,000
Estimated Property Value
$35,958Estimated Mortgage Balance
$249,042Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,098
$241,750
2025
$46,750
$195,000
$241,750
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,098
$241,750
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fannin Bank
Open End Mortgage / Open End With Future Advance Clause
$49,603
No
First
Jan 24, 2014
Jan 2019
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$35,958
$249,042
87%
13%
$298/mo
