Looking for land to develop? Then take a look at this 10 +- acres inside Bonham City Limits. Land has very low taxes as the current owner has ag use on it. There is approx. 1,000 ft of road frontage on Island Bayou and approx. 82 ft of road frontage on Center St. City of Bonham has sewer lines and water lines on the property and electric lines are at the road. Land adjoins Legacy Furniture Store, a donut shop, a church and is close to Brookshire's Grocery Store, schools and convenience stores.
Last updated on: 12/22/2024, 7:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,946
-
2019
$1,946
$73,210
2018
$1,946
$73,210
2017
$1,943
$73,210
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,310
Per Month
Principal & Interest
$4,243
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,615
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Finley-Oates Elementary School
1901 Albert Broadfoot St
Distance between this listing and this school0.83 miles
Public District Grades KG-3
4
/10
Ector Elementary School
301 S Main St
Distance between this listing and this school5.71 miles
Public District Grades PK-6
6
/10
Savoy Elementary School
304 W Hayes St
Distance between this listing and this school11.24 miles
Public District Grades PK-6
Nearby Schools
5
/10
Evans Elementary School
1300 N Main St
Distance between this listing and this school0.24 miles
Public District Grades 4-6
4
/10
Rather L H
1201 N Main St
Distance between this listing and this school0.33 miles
Public District Grades 7-8
7
/10
Pritchard Jr High School
1510 Ole Ambrose Rd
Distance between this listing and this school13.62 miles
Public District Grades 6-8
Nearby Schools
4
/10
Bonham High School
1002 War Path St
Distance between this listing and this school0.98 miles
Public District Grades 9-12
5
/10
Ector High School
301 S Main St
Distance between this listing and this school5.71 miles
Public District Grades 7-12
7
/10
Dodd City School
602 N Main St
Distance between this listing and this school5.81 miles
The neighbors living near this home have an average income of $27,500. Typical income of Bonham, TX residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1509 Island Byu
What is the listing price of this property?
The listing price of 1509 Island Byu property is $850,000.
What type of property is this?
The property 1509 Island Byu is land located in Bonham, Texas, 75418.
Is this property for sale now?
Active Listing: 1509 Island Byu is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,946 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1509 Island Byu in Bonham, TX and zip code 75418. This home sits on a 10.00 acre lot. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $850,000.
The inventory of homes for sale in Bonham, TX between October 2024 and November 2024 decreased by 1.1%. The median list price of listings available in November 2024 was $240,000, while the average time on the real estate market was 112 days.
From Rocket Homes Real Estate and based on county public records data.