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$228,000

NAL Estimated Property Value

501 E 12th Street, Bonham, TX, 75418

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,022 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$53.91 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Cooktop, Gas Oven, Refrigerator, Gas Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size19,737 sqft

Building Information

Year Built1950
Garage Spaces2

Land Information

APN92195
Land UseResidential
Legal DescriptionINGLISH ADDN, BLOCK PT OF 30, POA
Census Tract950402
Assessed Land Value$79,150
Assessed Improvement Value$111,780
Assessment Year2025

About this property

Here is the perfect opportunity to let your Chip and Joanna skills shine!! With a little over 2000 square feet, this home features 4 bedrooms, 3 bathrooms, 2 living rooms, and 2 dining areas. The large kitchen and bathrooms have huge potential! This home sits on a great over sized corner lot. All 4 bedrooms are a good size with good closet space. Tons of storage! The roof was replaced in November 2018. This home is close to schools and shopping. Conveniently located to downtown and it's an easy drive to Lake Bonham. Come build some sweat equity and make this home your own!!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$125,824Estimated Mortgage Balance
$102,176Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,560
$190,930
2025
$79,150
$111,780
$190,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,560
$190,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fannin Bank
Building Or Construction Loan
$145,247
No
First
Aug 28, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,824
$102,176
44%
55%
$871/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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501 E 12th Street | Property Details | No Agent List