401 W Sam Rayburn Dr Unit 1 Bonham, TX 75418
Estimated payment $2,167/month
Highlights
- Adjacent to Greenbelt
- Wood Flooring
- Outdoor Storage
- Traditional Architecture
- Covered Patio or Porch
- Landscaped
About This Home
Rental Investment Property - Tri-plex is located within walking distance, just a few blocks from Fannin County Square, restaurants & shopping. There are a lot of possibilities with this property, long or short-term rentals or make it your home with rental income. The Tri-plex contains three unique apartments, a detached three car garage, a storage building and a fenced back yard. Each apartment has its own front & back entries, gas range, refrigerator plus washer-dryer. Many updates on this property have been completed, ask for the list prior to showing. Two of the apartments are furnished.
Listing Agent
FanninLand Realty Brokerage Phone: 903-583-8538 License #0626932 Listed on: 02/22/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,666
Year Built
- Built in 1920
Lot Details
- 10,803 Sq Ft Lot
- Adjacent to Greenbelt
- Chain Link Fence
- Landscaped
Parking
- 3 Car Garage
- 3 Carport Spaces
- Garage Door Opener
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Aluminum Siding
Interior Spaces
- 2,616 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Gas Log Fireplace
Kitchen
- Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
Schools
- Evans Elementary School
- Bonham High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Heat Pump System
- Wall Furnace
- Gas Water Heater
- Phone Available
- Cable TV Available
Community Details
- P Simpson Subdivision
Listing and Financial Details
- Assessor Parcel Number 000000083470
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,890 | $303,650 | $58,560 | $245,090 |
| 2024 | $3,303 | $312,780 | $58,560 | $254,220 |
| 2023 | $4,550 | $311,600 | $58,560 | $253,040 |
| 2022 | $4,629 | $299,860 | $54,880 | $244,980 |
| 2021 | $4,435 | $175,470 | $28,520 | $146,950 |
| 2020 | $2,471 | $96,690 | $27,550 | $69,140 |
| 2019 | $2,634 | $99,120 | $27,550 | $71,570 |
| 2018 | $2,079 | $78,320 | $27,550 | $50,770 |
| 2017 | $2,186 | $85,530 | $27,550 | $57,980 |
| 2016 | $2,148 | $84,060 | $26,470 | $57,590 |
| 2015 | -- | $71,360 | $25,820 | $45,540 |
| 2014 | -- | $70,960 | $25,820 | $45,140 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/22/2026 02/22/26 | For Sale | $345,000 | -- | $132 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21187454
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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Ask me questions while you tour the home.