$237,000

417 W 8th St Bonham, TX 75418

Estimated payment $1,480/month

3 Beds
3 Baths
1,776 Sq Ft
$133 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Central Heating
  • Granite Countertops
  • 1-Story Property

About This Home

Owners are retiring! Don’t miss this opportunity! This rental property sits in a fantastic location near great schools and the downtown square. One unit has been beautifully remodeled with 2 bedrooms, 2 baths, and modern updates throughout. The second unit is occupied by long-term tenants and awaits your future renovations. All dimensions are approximate and should be verified by buyer. Owner is a licensed Realtor.

Listing Agent

Scott Michalak

Weichert Realtors-Solid Ground Brokerage Phone: 214-636-3600 License #0725985 Listed on: 11/17/2025

Weichert Realtors-Solid Ground

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1940

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Evans Elementary School
  • Bonham High School

Utilities

  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 5,314 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 000000093610
  • Tax Block 25

Community Details

Overview

  • 2 Units
  • 1,776 Sq Ft Building
  • Williams Add Subdivision

Building Details

  • Gross Income $21,360
  • Net Operating Income $20,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,770

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • OWNERNAME: Michalak
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 214-636-3600
  • CapRate: 8.51
  • Co List Office Mls Id: SOLI00TO
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48147:000000093610
  • Special Features: VirtualTour
  • Year Built: 1940

Interior Features

  • Interior Amenities: Granite Counters, Pantry
  • Flooring: Hardwood, Laminate
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Other
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.122
  • Parcel Number: 000000093610
  • Lot Size Acres: 0.122
  • Lot Size Sq Ft: 5314.32

Building Info

  • Year Built: 1940
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 2644.0
  • Annual Gross Income: 21360.0
  • Property Net Operating Income: 20160.0

Tax Info

  • TaxBlock: 25
  • Tax Annual Amount: 2770.0

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 List to Sale Price per Sq Ft
11/17/2025 11/17/25 For Sale $237,000 -- $133 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21114661

North Texas Real Estate Information Systems (NTREIS)
Texas Fannin County Bonham 75418

417 W 8th St, Bonham, TX

For Sale

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Listing Agent
Scott Michalak
Section Image
Weichert Realtors-Solid Ground
(903) 945-4350