Last 24 Hours
$70,500
NAL Estimated Property Value509 Allen Avenue, Bonham, TX, 75418
$91,650 ARV
Off Market
2 Beds
1 Bath
1,176 Sq Ft
$51.02 / sqft
Built in 1949Property Lead Type:
Off-Market ListHigh EquityVacant Homes
Highlights
Interior
Bedrooms 2
Bathrooms 1AppliancesGas Range
Exterior
Lot Size6,299 sqft
Building Information
Year Built1949
Garage Spaces1
Land Information
APN90736
Lot Number1,2
Land UseResidential
Legal DescriptionALLEN PLACE ADDN, BLOCK 2, LOT 1,2
Census Tract950401
Assessed Land Value$22,490
Assessed Improvement Value$48,010
Assessment Year2025
About this property
2 bedroom one bath home in need of repair. Sold as is. Great rental opportunity. Older neighborhood in the heart of Bonham near schools and shopping. Buyer will need to purchase a new survey. All information is deemed reliable but not guaranteed
Investor Tools
$70,500
Estimated Property Value
$0Estimated Mortgage Balance
$70,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$91,650
Rent-to-Value Ratio: 0.72%
Rent Estimate
$423 /month
Positive
Cash Flow Estimate:
$141 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$59/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$358
$70,500
2025
$22,490
$48,010
$70,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$358
$70,500
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$70,500
100%
0%
$0/mo
12.4%