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$562,610

NAL Estimated Property Value

406 N Center St, Bonham, TX, 75418

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths6,120 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1908

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete, Laminate

Exterior

Lot Size3,480 sqft

Building Information

Year Built1908

Land Information

APN92286
Lot Number4
Land UseCommercial
Legal DescriptionINGLISH DONATION, BLOCK 7, LOT 4, ACRES .0799
Census Tract950402
Assessed Land Value$50,220
Assessed Improvement Value$512,390
Assessment Year2025

About this property

Beautiful historic building in the heart of Bonham can be yours! The possibilities are endless for this commercial property located on square downtown. Renovated in 2018 with new concrete floors on the ground level and laminate on second story, new electrical, new plumbing, steel beam supported walls and ceilings, and HVAC make this property ready for you to open your business. Second story has the potential to be a trendy loft apartment with exposed brick and HVAC. Schedule your showing today on this amazing property!

Investor Tools

Property Icon
$562,610
Estimated Property Value
$0Estimated Mortgage Balance
$562,610Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,069/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,018
$562,610
2025
$50,220
$512,390
$562,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,018
$562,610

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$562,610
100%
0%
$0/mo

City: Bonham

406 N Center St | Property Details | No Agent List