NOT LISTED FOR SALE

605 E 3rd St Bonham, TX 75418

27 Beds
18 Baths
-- Sq Ft
0.95 Acres

Last Sold August 05, 2022

39 Days on Market

Highlights

  • New Construction
  • Walk-In Closet
  • 1-Story Property
  • Covered Patio or Porch
  • Cooling Available
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of August 2022

NEW CONSTRUCTION TO BE COMPETED IN AUGUST 2022! This is an excellent opportunity for an investor to acquire 9 rental units comprising 4 duplexes and 1 single family house that are on the same block located in the heart of downtown Bonham, TX. All units are 3-bedroom 2-bath. Designed for low maintenance, amenities include luxury vinyl plank flooring throughout the home and granite countertops, and is equipped with energy efficient windows, water heater and programmable thermostat. Call or Text today!

Last Agent to Sell the Property

Brandon Allen

Pinnacle Realty Advisors License #0614395 Listed on: 03/27/2022

Pinnacle Realty Advisors

Last Buyer's Agent

Anoo Sathappun

Redbud Offices LLC License #0687741

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.95 Acre Lot
  • Wood Fence
  • Subdivision Possible

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 27 Bedrooms
  • Walk-In Closet
  • 18 Full Bathrooms

Parking

  • 18 Parking Spaces
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 5 Buildings
  • 9 Units
  • 10,799 Sq Ft Building
  • Rosenbaum Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 9
  • Assessor Parcel Number 000000125733
  • $70 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: New Construction - Incomplete
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 105515
  • Will Subdivide: Yes
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 152.79193
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 18
  • Total Bedrooms: 27

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Wood
  • Exterior Features: Covered Patio/Porch

Garage/Parking

  • Cooling System: Electric
  • Number Of Parking Spaces: 18
  • Parking Features: Driveway

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water, Electricity Connected

Condo/Co-op/Association

  • Complex Name: Pine Street Duplexes
  • Association Type: None

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.9500
  • Parcel Number: 000000125733
  • Lot Size Acres: 0.9500
  • Lot Size Sq Ft: 41382.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2022
  • Units Total: 9

Multi Family

  • Gross Annual Expenses: 64585.00
  • Gross Annual Income: 170100.00
  • Insurance Expense: 4000
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 70
  • TaxBlock: 9
  • Tax Lot: 5

MLS Schools

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/05/2022 08/05/22 Sold -- -- --
05/05/2022 05/05/22 Pending -- -- --
03/27/2022 03/27/22 For Sale $1,750,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20018536

North Texas Real Estate Information Systems (NTREIS)