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$25,000

602 Pine Street, Bonham, TX, 75418

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6,839 sqft

Land Information

APN92072
Land UseResidential
Legal DescriptionINGLISH ADDN, BLOCK PT OF 19
Census Tract950402
Assessed Land Value$28,040
Assessment Year2025

About this property

Bring your home blueprints to the BOOMING city of Bonham, Texas! These two, clear and clean lots are being sold together (MLS# 20375852, MLS# 20375924 ) to make a total of a third of an acre. They are minutes away from Downtown Bonham (2 minute drive or 8 min walk). What more could you ask for than a corner lot in a quiet neighborhood yet so close to city convenience. Downtown Bonham is always having so much fun with year round activities. This would make a great investment lot to build a brand new home or your forever “home sweet home”. Water and electricity should be an easy hookup. This is within city limits therefore no mobile homes are allowed. Buyer will need to buy a new survey.

Investor Tools

Property Icon
$28,040
Estimated Property Value
$0Estimated Mortgage Balance
$28,040Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$56/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$531
$28,040
2025
$28,040
N/A
$28,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$531
$28,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$28,040
100%
0%
$0/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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