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514 E 5th St, Bonham, TX, 75418

$84,999

Home List Price

$1,009*

Closing Credit

2 Bedrooms
1 Full Bath
946 SqFt
$90/SqFt
House

Location

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514 E 5th St, Bonham$84,999

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1930
HeatingOther
CoolingNone
MLS #65925659
Lot Size0.26 Acres
StatusActive

About 514 E 5th St

HISTORIC CHARM! This single-family home located at 514 E 5th in Bonham, TX 75418 offers a unique blend of historic charm and modern potential in a city known for its rich Texas heritage and welcoming community. This property sits on a large 11,232 Sq Ft. lot featuring 2-bedroom and 1-bath. Located in Bonham, a quaint and growing town, provides a serene backdrop ideal for both residential and commercial ventures, offering the best of small-town living with the convenience of nearby city amenities. This location is particularly appealing for those seeking to immerse themselves in a community with deep historical roots, yet on the cusp of growth, thanks to its proximity to larger metropolitan areas. The area is characterized by its beautiful landscapes, historic sites, and friendly atmosphere making Bonham a desirable place to live, work, and play. Whether you're looking to develop a home with character or explore business opportunities in a town with a promising future, this is for you!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1930
  • Living Area: 946 SqFt

Listing Office:

  • Office Name: 1st Texas Realty Services
  • Office Phone: (713) 871-1600
  • Listing Agent: Chet Polniazek

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Subdivision
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: From East Sam Rayburn Drive, go North on Pine Street, turn left on East 5th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $84,999
  • Price Per SqFt: $90/SqFt

Tax Information:

  • Annual Amount: $814
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bonham, TX.

Med. List Price

$240K

Med. Price/SqFt

$164

Avg. Days On Market

111

# of Sold Homes

10

514 E 5th St vs Bonham

6 DAYS ON ROCKET

-105 Days

$84,999

-$155K Less

$90/SqFt

-$74 Less

KEY TAKEAWAY

This property is $155K less than the Median List Price and $74/SqFt less than other homes in Bonham, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #65925659

Listing Office:

  • Office Name: 1st Texas Realty Services
  • Office Phone: (713) 871-1600
  • Listing Agent: Chet Polniazek

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/17/2024, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$814$36,220
2019$814$32,830
2018$814$30,620
2017$624$23,520

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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.

Nearby Schools

school-card-donut-380763
2
/10
  • Finley-Oates Elementary School

  • 1901 Albert Broadfoot St

  • 1.37 miles

  • Public District Grades KG-3

school-card-donut-380764
4
/10
  • Ector Elementary School

  • 301 S Main St

  • 5.69 miles

  • Public District Grades PK-6

school-card-donut-380765
6
/10
  • Savoy Elementary School

  • 304 W Hayes St

  • 11.37 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,574. Residents of Bonham, TX typically earn less than $35k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 E 5th St

What is the listing price of this property?

The listing price of 514 E 5th St property is $84,999.

What type of property is this?

The property 514 E 5th St is a house located in Bonham, Texas, 75418.

Is this property for sale now?

Active Listing: 514 E 5th St 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 $814 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 514 E 5th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 514 E 5th St is 946 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 E 5th St is 1930.

Rocket HomesTexasFannin CountyBonham75418514 E 5th St

This home is located at 514 E 5th St in Bonham, TX and zip code 75418. This 946 square foot home, which was built in 1930, sits on a 0.26 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $84,999.

The inventory of homes for sale in Bonham, TX between September 2024 and October 2024 increased by 13.1%. In October 2024, listings were on the market for 111 days. During the same period, the median list price in this real estate market was $240,000.

From Rocket Homes Real Estate and based on county public records data.

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