Last 24 Hours
$95,250
NAL Estimated Property Value520 Allen Ave, Bonham, TX, 75418
Off Market
2 Beds
1 Bath
1,594 Sq Ft
$47.05 / sqft
Built in 1938Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityVacant Homes
Highlights
Interior
Bedrooms 2
Bathrooms Full 1AppliancesNone
Exterior
Lot Size9,448 sqft
Building Information
Year Built1938
Land Information
APN90734
Lot Number7
Land UseResidential
Legal DescriptionALLEN PLACE ADDN, BLOCK 1, LOT 7
Census Tract950401
Assessed Land Value$35,900
Assessed Improvement Value$59,350
Assessment Year2025
About this property
Situated on a corner lot, this property located halfway between the high school and elementary schools and near food and shopping, offers a huge backyard and excellent opportunity for rental income. This home is being offered as is-where is with no repairs. The seller does not have a survey. Utilities have been turned off. All information contained herein is deemed to be reliable but not guaranteed. Buyer or buyers agent are encouraged to verify and perform due diligence.
Investor Tools
$95,250
Estimated Property Value
$6,559Estimated Mortgage Balance
$88,691Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$572 /month
Positive
Cash Flow Estimate:
$191 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,999
$95,250
2025
$35,900
$59,350
$95,250
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,999
$95,250
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fannin Bank
Open End Mortgage / Open End With Future Advance Clause
$10,000
No
First
Sep 12, 2011
Sep 2016
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,559
$88,691
93%
7%
$60/mo
12.4%