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Bonham 75418
1609 Oriental Street
$167,000
● House - Off Market

1609 Oriental Street

Bonham, TX 75418
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,240 Ft²
$1,055
Est. Monthly
14.50%
Cap Rate

About This Property

Newly remodeled and ready for immediate move in, this 4 bedroom, 2 bath home is ready for you to make it your own. This house has cute curb appeal and a spacious, covered, front porch. Very clean home featuring fresh paint throughout and all new carpet in the bedrooms. The kitchen features stainless steel appliances and newly painted cabinets. Both bathrooms have been remodeled and feature newly tiled showers. The backyard is large and is fenced in and there is also a storm shelter. Schedule your showing today!
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$145
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NTREIS #20788164)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Premium
Sold
Feb 3, 2025 In contract -
In contract
Dec 2, 2024 Listed by Real $179,900
Listed by Real

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,536
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 2
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: H BURKHARDT SURVEY ABSTRACT NUMBER 112
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: A0112 H BURKHARDT

Neighborhood

  • School District Name: Bonham Independent School District
  • Census Tract: 950401

Geography

  • Account Number: 0112-064-0000-05
  • Parcel: 71299
  • Municipality: BONHAM
  • Latitude: 33.5893
  • Longitude: -96.1798

    Address

  • Full Address: 1609 Oriental St
  • Address - House Number: 1609
  • Address - Street Name: Oriental
  • Address - Suffix Type: St
  • State: TX
  • City Name: Bonham
  • Carrier Code: C004
  • 4-Digit Zip Code: 3039
  • Zip Code: 75418

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $193,672
  • Tax Rate Code Area: CBC GFA SB

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 33,304
  • High Value: 48,450
  • Low Value: 18,157

    Market Valuation

  • Market Total Value: $98,220
  • Market Land Value: $28,270
  • Market Improvement Value: $69,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,220
  • Assessed Land Value: $28,270
  • Assessed Improvements Value: $69,950

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019-3111
  • Previous Sale Recording Date: May 07, 2018
  • Previous Sale Contract Date: Nov 25, 2016
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bonham

Stats & Trends

Median Asking:

$199,950

Sale Price/ft²

$134

Below Asking

0.05%

Average Days on Market

95

Average Home Size

1428 ft²

Average Home Age

61.1 years

Currently For Sale

80 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 503 E 13th Street, Bonham, TX, 75418

$2,295 /mo

  • 4 Beds
  • 3 Baths
  • 2,700 ft²
503 E 13th Street, Bonham, TX, 75418 Listing by Anoo Sathappun

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Angelica Pena, Real
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20788164
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1609 Oriental Street built and last sold?
The property at 1609 Oriental Street was built in 1990 and last sold on May 20, 2019 for $65,000.
How much is this home worth?
The estimated value of the home located at 1609 Oriental Street is $181,156.
What are some comparable homes to 1609 Oriental Street?
There are currently no comparable homes to 1609 Oriental Street.
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