$570,000
NEW CONSTRUCTION

400 E 7th St Bonham, TX 75418

Estimated payment $3,614/month

Total Views 2,615
6 Beds
6 Baths
2,800 Sq Ft
$204 Price per Sq Ft

Highlights

  • New Construction
  • 1 Car Attached Garage
  • Double Vanity
  • Granite Countertops
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

7 Building Duplex complex - Each 2 unit complex available for $570,000 or purchase the entire 7 Bldg Investment. New construction completed July 2024. Each unit is 2 story, 3 bed, 2.5 bath, 1400sf. Photos accurately depict finish out. Fully equipped with stainless steel Energy Star appliances, including refrigerator and washer~dryer. Located in Opportunity Zone in the heart of Bonham, TX. A short walk from city center, city hall, the police station, fire station, and school district. Within commuting distance (20~30 min) of Texas Instruments $30 billion dollar semiconductor manufacturing campus, Globa lWafers $5 billion silicon wafer factory, and Texas’ newest lake ~ Bois D'Arc Lake. Located along the path of development for both Hwy 75 and Hwy 78, Bonham is less than an hour from Lake Texoma and the State of Oklahoma. Project completed summer of 2024 and anticipate fully leased by summer of 2025, if not sooner. Located in Opportunity Zone.

Listing Agent

Marilyn Kittrell

M Kittrell Properties, INC Brokerage Phone: 214-412-7303 License #0628419 Listed on: 01/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,100

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1.54 Acre Lot
  • Wood Fence
  • Back Yard

Parking

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

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Dryer
  • Washer

Schools

  • Finleyoate Elementary School
  • Bonham High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 000000137861

Community Details

Overview

  • 2 Units
  • 2,800 Sq Ft Building
  • Inglish Add Subdivision

Building Details

  • Gross Income $40,800
  • Net Operating Income $33,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,100

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

1

Listing Details

  • OWNERNAME: Bonham Bench, LLC
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: New Construction - Complete
  • Attribution Contact: 214-412-7303
  • CapRate: 5.94
  • Co List Office Mls Id: MKP01C
  • Special Features: 4098
  • Year Built: 2024

Interior Features

  • Square Footage: 2800.0
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer

Beds/Baths

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

Exterior Features

  • Foundation: Slab
  • Fencing: Back Yard, Wood
  • Roof: Composition
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 1.0
  • Total Covered Spaces: 1.0
  • Parking Features: Door-Single, Garage Faces Front, Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Finleyoate
  • High School: Bonham
  • Junior High Dist: Bonham ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 1.537
  • Parcel Number: 000000137861
  • Lot Size Acres: 1.537
  • Lot Size Sq Ft: 66951.72

Building Info

  • Year Built: 2024
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 850.0
  • Annual Gross Income: 40800.0
  • Property Net Operating Income: 33850.0

Tax Info

  • Tax Lot: 2
  • Tax Annual Amount: 6100.0

Map

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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 Change Sq Ft Price
01/20/2025 01/20/25 For Sale $570,000 -- $204 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

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North Texas Real Estate Information Systems (NTREIS)