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$265,600

718 Lynn Street, Bonham, TX, 75418

$278,822 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,746 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$76.47 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesElectric Oven, Gas Cooktop
FlooringCarpet

Exterior

Lot Size10,171 sqft

Building Information

Year Built1967
Garage Spaces2

Land Information

APN92729
Lot Number6
Land UseResidential
Legal DescriptionLIPSCOMB ADDN 2, BLOCK 1, LOT 6 & PT OF 7,16,17, ACRES .2335
Census Tract950402
Assessed Land Value$42,720
Assessed Improvement Value$222,880
Assessment Year2025

About this property

Located just a thorn stone away from the Bonham VA, with a little love this could be your forever home. Setting on a double lot with big mature hard wood tree. Has large rooms, with a large living room, has a good size den off of the living room. The possibilities are endless, bring your ideas and make this your forever home

Investor Tools

Property Icon
$265,600
Estimated Property Value
$0Estimated Mortgage Balance
$94,010Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$278,821
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,594 /month
Positive
Cash Flow Estimate:
$531 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,282
$265,600
2025
$42,720
$222,880
$265,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,282
$265,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Community Bank
Commercial
$185,475
No
First
May 10, 2022
May 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,590
$94,010
35%
65%
$1,113/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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718 Lynn Street | Property Details | No Agent List