$225,900
610 W 6th Street, Bonham, TX, 75418
$229,320 ARV
On Market
Property Lead Type:
BankruptcyMust-SellAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range
Exterior
Lot Size10,672 sqft
Building Information
Year Built1897
Land Information
APN94036
Land UseResidential
Legal DescriptionWILLIAMS ADDN, BLOCK PT OF 38
Census Tract950401
Assessed Land Value$39,270
Assessed Improvement Value$110,730
Assessment Year2025
About this property
Looking for a house for a big family? Check out 610 West 6th Street, a five bedroom three bathroom home located in the heart of Bonham. With updates recently completed, big rooms, and tons of space. A big family could have all the room they need inside and outside with an oversized yard. The place has tons of character. Is currently being used to bring in rental income. You could add it to your portfolio or use it as a primary residence. It's a lot of house for the money.
Investor Tools
$238,505Estimated Mortgage Balance
$175,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$229,320
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,355 /month
Positive
Cash Flow Estimate:
$452 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,382
$150,000
2025
$39,270
$110,730
$150,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,382
$150,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lima One Capital Llc
Building Or Construction Loan
$112,500
No
First
Aug 30, 2024
Apr 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,505
N/A
0%
136%
$1,467/mo
