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$240,000

707 Cedar Street, Bonham, TX, 75418

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,499 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.78 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator

Exterior

Lot Size12,070 sqft

Building Information

Year Built1987

Land Information

APN94034
Land UseResidential
Legal DescriptionWILLIAMS ADDN, BLOCK PT OF 37
Census Tract950401
Assessed Land Value$42,490
Assessed Improvement Value$186,980
Assessment Year2025

About this property

Bonham Beauty! 4 bedroom, 2 bath home on a peaceful street with a large yard is the one you've been waiting for! Updated and open floor plan with the living room opening to the kitchen. Kitchen has ample storage with 2 pantries and all new appliances. Spacious bedrooms have fresh paint, window coverings and celling fans. Primary bedroom has a beautifully updated en suite and door to back yard patio. Relax on the covered patio or entertain in the huge yard. Backyard also has a 24x13 metal storage building or workshop with ramp and shelving. Wired but no electricity currently in place. The 10x8 wood shed is perfect for storing your yard equipment. Easy access to downtown Bonham, Highway 121 and Highway 82. Near the VA hospital.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$0Estimated Mortgage Balance
$240,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,275
$229,470
2025
$42,490
$186,980
$229,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,275
$229,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$240,000
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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707 Cedar Street | Property Details | No Agent List