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$269,920

NAL Estimated Property Value

5577 S Fm 271, Bonham, TX, 75418

Off MarketInfo
Beds— Beds
Baths— Bath
Baths2,156 Sq Ft
RanchRanch

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size3 acres

Building Information

Year Built1905

Land Information

APN73220
Land UseAgriculture / Farming
Legal DescriptionA0200 B F COOKE, ACRES 3.
Census Tract950500
Assessment Year2025

About this property

This is TRACT 2 of 3 TRACTS. Acreage and price reduction! Just waiting for you is this picturesque property just south of Bonham State Park with so much to offer! Once on this property, you will have the feeling it is much larger than it actually is. You will find fenced pastureland with good native grasses for your cattle operation along with the rolling topography, areas of majestic thick hardwoods. There is an old farm style two-story home on the property that has little or no value; however, there is a water meter and electric in place. FEMA mapping shows none of this property is within a determined floodplain. The property has frontage on HWY 271, adding to the potential of this picturesque and unique property. This property is a split off of MLS # 20086557. Other tracts available include: MLS # 20197933, 20.43 Acres; MLS # 20197968, 21.85 Acres.

Investor Tools

Property Icon
$269,920
Estimated Property Value
$0Estimated Mortgage Balance
$269,920Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$95/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,135
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,135
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
N/A
N/A
N/A
$0/mo

City: Bonham

5577 S Fm 271 | Property Details | No Agent List