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Days30Days on Market
Views1view
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$29,500

413 Gates Street, Bonham, TX, 75418

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3,942 sqft

Land Information

APN93789
Lot NumberS
Land UseResidential
Legal DescriptionSTEVENS ADDN, BLOCK 13, LOT S PT OF 42, ACRES .0905
Census Tract950600
Assessed Land Value$16,830
Assessment Year2025

About this property

Cleared and buildable lot close to downtown Bonham. This 0.09-acre residential lot offers a great opportunity to create a home or investment property in a peaceful location. Just minutes from local schools, shopping, and the Powder Creek Park and splash pad. This property offers small-town charm with easy access to everything you need. Whether you're a builder, investor, or future homeowner, this lot is ready for your vision!

Investor Tools

Property Icon
$25,000
Estimated Property Value
$0Estimated Mortgage Balance
$11,481Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Hope Liebel

Weichert Realtors-Solid Ground

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$30/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$240
$16,830
2025
$16,830
N/A
$16,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$240
$16,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Commercial
$14,000
No
First
Aug 30, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$13,519
$11,481
45%
54%
$84/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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413 Gates Street | Property Details | No Agent List