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$41,500

602 Seven Oaks Road, Bonham, TX, 75418

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10,141 sqft

Land Information

APN138876
Lot Number2
Land UseVacant Urban
Legal DescriptionBAJOR ADDITION, LOT 2, ACRES .2328
Census Tract950402
Assessed Land Value$42,590
Assessment Year2025

About this property

Build your dream home or investment property on this beautiful shaded interior lot! Mature trees provide natural beauty and privacy, while existing fencing, installed culverts, and established access make this property ready for your vision. Utilities are available at the road but have not yet been connected, offering flexibility for future development. Whether you're planning a custom single-family residence or exploring the potential for a duplex investment (subject to local zoning and restrictions), this versatile lot offers an excellent opportunity. Enjoy being conveniently located near area amenities.

Investor Tools

$0Estimated Mortgage Balance
$376,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

Interested in this property?

Megan Towery

PARAGON, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$787
$42,590
2025
$42,590
N/A
$42,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$787
$42,590

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$376,000
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.

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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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602 Seven Oaks Road | Property Details | No Agent List