Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$193,380

NAL Estimated Property Value

405 Katy Boulevard, Bonham, TX, 75418

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,322 Sq Ft
IndustrialIndustrial

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size11,413 sqft

Building Information

Year Built2004

Land Information

APN92375
Lot Number18
Land UseCommercial
Legal DescriptionINGLISH ESTATE ADDN, BLOCK 15A, LOT 18, ACRES .262
Census Tract950402
Assessed Land Value$70,460
Assessed Improvement Value$122,920
Assessment Year2025

About this property

Introducing a prime auto repair opportunity! This 2,130 sq ft shop with 4 bays and a restroom, conveniently located near Highway 56 and just blocks from downtown Bonham, is perfect for your business aspirations. Additionally, the property features a 192 sq ft office building and a 200 sq ft storage building, offering versatile options for your automotive venture. Improvements to the shop in 2022 include a new roof, wiring, insulation and doors. Current list price is for the real estate and buildings only. Shop equipment available to be purchased as well for a total price of $240,000.00. Ask your real estate agent for the full list of equipment. The information provided is considered reliable, yet not guaranteed. Buyers are advised to verify all details and conduct thorough due diligence.

Investor Tools

Property Icon
$193,380
Estimated Property Value
$29,280Estimated Mortgage Balance
$164,100Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

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
$1,931
$193,380
2025
$70,460
$122,920
$193,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,931
$193,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Marshall Amlin Etux
Seller Carryback / Seller Financing / Seller Take-Back
$45,000
No
First
Jun 22, 2011
Jun 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,280
$164,100
84%
15%
$270/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

405 Katy Boulevard | Property Details | No Agent List