NOT LISTED FOR SALE

1600 Franklin Ave Bonham, TX 75418

6 Beds
6 Baths
2,645 Sq Ft
0.49 Acres

Last Sold August 24, 2023

6 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of August 2023

Townhome - Duplex in Bonham! So many opportunities. Live in one side - lease the other side. Tenant in place on 1602 side. This remarkable property features 3 spacious bedrooms & 2.5 baths. A convenient one-car attached garage ensures effortless parking and storage. Each duplex comes fully equipped with appliances, including a washer, dryer, fridge, stove, dishwasher, and microwave. Impeccably maintained and thoughtfully prepared, this property is ready to welcome you and your tenants with minimal effort required. Unlock its exceptional cash flow potential, allowing you to reap the rewards of a solid investment. Unit 1600 boasts new paint and the recent updates extend to a brand-new refrigerator, AC unit, carpet in the stairs, and primary bedroom, ensuring a luxurious and contemporary feel throughout. Don't miss this incredible opportunity to own a remarkable brick townhome-duplex that effortlessly combines style, functionality, and investment potential.

Last Agent to Sell the Property

Wendi Conley

eXp Realty LLC Brokerage Phone: 972-772-6025 License #0631249 Listed on: 07/28/2023

eXp Realty LLC

Last Buyer's Agent

Jeffrey Carter

Competitive Edge Realty LLC License #0759622

Competitive Edge Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 0.49 Acre Lot
  • Corner Lot
  • Few Trees
  • Large Grassy Backyard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,645 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Lighting

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Evans Elementary School
  • Rather Middle School
  • Bonham High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2,645 Sq Ft Building
  • Fairview Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 4A / 21
  • Assessor Parcel Number 000000091620
  • $4,403 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 6130
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 124.76371
  • Attribution Contact: 972-772-6025
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Square Footage: 2645.00
  • Interior Amenities: Cable TV Available, Decorative Lighting, Eat-in Kitchen, Pantry
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Bonham ISD
  • Elementary School: Evans
  • Junior High School: Rather

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Few Trees, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 0.4880
  • Parcel Number: 000000091620
  • Lot Size Acres: 0.4880
  • Lot Size Sq Ft: 21257.2800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2004
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 11969.00
  • Gross Annual Income: 18100.00
  • Insurance Expense: 2066
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 4403
  • TaxBlock: 21
  • Tax Lot: 4A

MLS Schools

  • Elementary School Name: Evans
  • High School Name: Bonham

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold -- -- --
08/04/2023 08/04/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $380,000 -- $144 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20386593

North Texas Real Estate Information Systems (NTREIS)