NOT LISTED FOR SALE

TBD 5 Fm 898 Bonham, TX 75418

11 Acres
-- Price per Acre
479,160 Sq Ft Lot

Last Sold March 15, 2022

129 Days on Market

Highlights

  • 11 Acre Lot
  • Corner Lot
  • Agricultural Exemption

About This Lot

As of March 2022

Are you looking for a place outside the hustle and bustle of town? Look no more! This is an 11 acre tract with scattered trees, situated with county road frontage and highway frontage. It has a new entrance, new water meter installed and a pond. You are minutes to shopping, dining and the Bonham ISD High School and Elementary School and just down the road from the Morning Star Private Academy. It's ready to build your dream home and have country surroundings on this ag exempt property, but be in Collin, Grayson or Lamar County within 45 minutes. The only deed restriction is the acreage may not be subdivided. Come get your slice of country living before small tracts like these are hard to find. Silos excluded

Last Agent to Sell the Property

TERESA MILLS

Bonham Land & Ranches, LLC License #0644204 Listed on: 09/23/2021

Last Buyer's Agent

Wei Sun

Sislan Holdings, LLC License #0740599

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22

Lot Details

  • 11 Acre Lot
  • Barbed Wire
  • Aluminum or Metal Fence
  • Corner Lot
  • Zoning described as Not Zoned

Schools

  • Finleyoate Elementary School
  • Rather Middle School
  • Bonham High School

Farming

  • Agricultural Exemption

Utilities

  • Electricity Not Available
  • Municipal Utilities District

Community Details

  • Gw King Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120516

Property Details

Property Type

Land

Est. Annual Taxes

$22

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Will Subdivide: No
  • Agricultural Exemption YN: Yes
  • Special Features: None

Exterior Features

  • Easements: None
  • Fencing: Barbed Wire, Metal

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Asphalt, Electricity Not Available, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Unzoned

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage, Corner Lot, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 11.0000
  • Parcel Number: 120516
  • Lot Size Acres: 11.0000
  • Lot Size Sq Ft: 479160.0000
  • Zoning Description: Not Zoned
  • Possible Use: Single Family
  • Present Use: Agricultural

MLS Schools

  • MiddleOrJuniorSchool: Rather
  • Elementary School Name: Finleyoate
  • High School Name: Bonham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Old School Enterprises Two Llc
Bought by
Staton Deana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,305
Outstanding Balance
$164,637
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2022
Sold by
Old School Enterprises Two Llc
Bought by
Perez Eulalio and Perez Veronica Arroyo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,305
Outstanding Balance
$164,637
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Staton Deana L -- Main Street Title
Perez Eulalio -- Main Street Title
Perez Eulalio -- Main Street Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Eulalio $178,305
Closed Perez Eulalio $215,040
Previous Owner Chen Yiming $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold -- -- --
01/30/2022 01/30/22 Pending -- -- --
01/28/2022 01/28/22 Price Changed $231,000 -6.7% --
11/04/2021 11/04/21 Price Changed $247,500 -5.3% --
10/13/2021 10/13/21 Price Changed $261,250 -5.0% --
09/23/2021 09/23/21 For Sale $275,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

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
2024 $22 $267,450 $267,450 $0
2023 $24 $1,700 $0 $0
2022 $54 $3,330 $0 $0
2021 $120 $0 $0 $0
2020 $120 $0 $0 $0
2019 $180 $0 $0 $0
2018 $185 $0 $0 $0
2017 $174 $0 $0 $0
2016 $164 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14677040

North Texas Real Estate Information Systems (NTREIS)

APN: 120516