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$751,000

NAL Estimated Property Value

550 Fm 2815, Bonham, TX, 75418

Off MarketInfo
Beds6 Beds
Baths3 Bath
Baths3,080 Sq Ft
price_per_sqft$145.78 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 3Bathrooms 3
AppliancesElectric Range

Exterior

Lot Size1 acre

Building Information

Year Built1995

Land Information

APN82560
Land UseResidential
Legal DescriptionA0952 J ROGERS, ACRES 1.
Census Tract950600
Assessed Land Value$66,000
Assessed Improvement Value$193,150
Assessment Year2025

About this property

COME TO COUNTRY LIVING! Although these are separate homes with separate addresses, they are sold as a package at this listing price. The 2-story home is cooled and heated by space units, has its own aerobic septic and separate water meter from the one-story home. Open floor plan on this home lends to many options for the buyers. Brick home is 3 bedrooms and 2 baths and has central heating and air conditioning. Aerobic Septic is attached to this home as well. The co-op water certificate will be transferred to new owner at closing for each meter. Since the survey is not done separately, this property will come with almost 5 acres per the old records. New survey will be required. All boundaries are estimated from old records and the cross fencing is the most recently known boundary that is correct at the west side.

Investor Tools

Property Icon
$751,000
Estimated Property Value
$53,288Estimated Mortgage Balance
$697,712Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,506 /month
Positive
Cash Flow Estimate:
$1,502 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,737
$259,150
2025
$66,000
$193,150
$259,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,737
$259,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Captex Bank
Credit Line (Revolving) / Heloc
$80,000
No
First
Jan 24, 2012
Jan 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,288
$697,712
92%
7%
$480/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.

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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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550 Fm 2815 | Property Details | No Agent List