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$1,003,481

NAL Estimated Property Value

TBD County Rd 3030, Bonham, TX, 75418

Off MarketInfo

About this property

Fannin County has seen recent phenomenal growth. This unique cultivated farm is located just south of the Bonham State Park and .34 east of FM Highway 271, on an all-weather county road, which has approximately 2,075' ft of road frontage on CR 3030. Here you will find a great cultivated farm with about 85 acres that is currently being farmed by a local farmer. The place has a fantastic cropping history of wheat, soybeans, and corn. The remainder of the tract has old growth has old growth timber adding to an overall appeal of the place. In the southwest corner of the property, where an old homesite once was located has an abundance of majestic timber, making it a great choice for a homesite. A tremendous amount of potential here!

Investor Tools

Property Icon
$1,003,481
Estimated Property Value
$0Estimated Mortgage Balance
$1,003,481Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,021 /month
Positive
Cash Flow Estimate:
$2,007 /month

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Financing Details

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

City: Bonham

TBD County Rd 3030 | Property Details | No Agent List