$445,000

401 W Sam Rayburn Dr Unit 2 Bonham, TX 75418

Estimated payment $2,915/month

Total Views 3,305
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Adjacent to Greenbelt
  • Covered patio or porch
  • Landscaped
  • Wood Flooring
  • Outdoor Storage
  • Ceiling Fan

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

Chris Johnson

FanninLand Realty Brokerage Phone: 903-583-8538 License #0626932 Listed on: 03/04/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 10,803 Sq Ft Lot
  • Adjacent to Greenbelt
  • Chain Link Fence
  • Landscaped

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding
  • Bois Darc Post

Interior Spaces

  • 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
  • Rather Middle School
  • Bonham High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • 2,616 Sq Ft Building
  • P Simpson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000000083470
  • $4,666 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: One and One Half
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 1
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: No
  • Ratio Current Price By Building: 170.10703
  • Attribution Contact: 903-583-8538
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Fireplace Features: Gas Logs
  • Interior Amenities: Cable TV Available
  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Bois DArc Post
  • Fencing: Chain Link
  • Roof: Composition, Shingle
  • Construction Materials: Aluminum Siding, Frame
  • Exterior Features: Covered Patio/Porch, Storage
  • Waterfront: No

Garage/Parking

  • Cooling System: Ceiling Fan(s), Heat Pump, Wall/Window Unit(s)
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Number Of Parking Spaces: 6
  • Parking Features: Garage, Garage Door Opener
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Utilities: All Weather Road, Cable Available, City Sewer, City Water, Curbs, Phone Available, Sidewalk

Condo/Co-op/Association

  • Complex Name: Not Applicable
  • Association Type: None

Schools

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

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Adjacent to Greenbelt, Landscaped
  • Lot Size Units: Acres
  • Lot Size Area: 0.2480
  • Parcel Number: 000000083470
  • Lot Size Acres: 0.2480
  • Lot Size Sq Ft: 10802.8800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1920
  • Units Total: 3

Multi Family

  • Gross Annual Expenses: 1.00
  • Gross Annual Income: 1.00
  • Insurance Expense: 1
  • Tenancy: Month to Month
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 4666
  • Special Taxing Entities: No

MLS Schools

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

Map

Range of Values:

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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
03/04/2025 03/04/25 For Sale $445,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20853064

North Texas Real Estate Information Systems (NTREIS)

Texas Fannin County Bonham 75418

401 W Sam Rayburn Dr Unit 2, Bonham, TX

This home is located at 401 W Sam Rayburn Dr Unit 2, Bonham, TX 75418 and is currently priced at $445,000. This property was built in 1920. 401 W Sam Rayburn Dr Unit 2 is a home located in Fannin County with nearby schools including Evans Elementary School, Finley-Oates Elementary School, and LH Rather Jr High School.

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Chris Johnson
Listing Agent
Chris Johnson
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FanninLand Realty
(903) 476-3539