400-414 East 7th Street

Bonham, TX 75418

$570,000
Price
6
Beds
2,800 Sq. Ft.
$204 / Sq. Ft.
2,800
Sq. Ft.
$204
per Sq. Ft.

Description

7 Building Duplex complex - Each 2 unit complex available for $570,000 or purchase the entire 7 Bldg Investment. New construction completed July 2024. Each unit is 2 story, 3 bed, 2.5 bath, 1400sf. Photos accurately depict finish out. Fully equipped with stainless steel Energy Star appliances, including refrigerator and washer~dryer. Located in Opportunity Zone in the heart of Bonham, TX. A short walk from city center, city hall, the police station, fire station, and school district. Within commuting...7 Building Duplex complex - Each 2 unit complex available for $570,000 or purchase the entire 7 Bldg Investment. New construction completed July 2024. Each unit is 2 story, 3 bed, 2.5 bath, 1400sf. Photos accurately depict finish out. Fully equipped with stainless steel Energy Star appliances, including refrigerator and washer~dryer. Located in Opportunity Zone in the heart of Bonham, TX. A short walk from city center, city hall, the police station, fire station, and school district. Within commuting distance (20~30 min) of Texas Instruments $30 billion dollar semiconductor manufacturing campus, Globa lWafers $5 billion silicon wafer factory, and Texas’ newest lake ~ Bois D'Arc Lake. Located along the path of development for both Hwy 75 and Hwy 78, Bonham is less than an hour from Lake Texoma and the State of Oklahoma. Project completed summer of 2024 and anticipate fully leased by summer of 2025, if not sooner. Located in Opportunity Zone.
  1. Listed by Marilyn Kittrell • TREC #0628419 • M Kittrell Properties, INC • 214-412-7303

Property Details for 400-414 East 7th Street

Subdivision Name
Inglish Add
Pool
No
Garage Spaces
1
LISTING UPDATED: 01/24/2025 10:22 AM

Property Details for 400-414 East 7th Street

StatusActive
MLS #20819682
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built2024
Lot Size1.54 AC / 66,951 SF
CountyFannin County

Building Information for 400-414 East 7th Street

Stories2Residences2Year Built2024Building Size-Lot Size1.54 AC / 66,951 SF

Property Information for 400-414 East 7th Street

Summary
Location and General Information
  • Complex Name: 400-414 E 7th St
  • Directions: GPS to Bonham. Use 400 E 7th St. GPS may be slightly off as address is new, but follow 7th St east of Hwy 78 to 7 unit duplex complex.
  • Elementary School: Finleyoate
  • Elementary School Name: Finleyoate
  • High School: Bonham
  • High School Name: Bonham
  • Junior High School: Rather
  • Senior Community Yes/No: No
  • Year Built Details: New Construction - Complete
  • School District: Bonham ISD
  • Geocode Confidence: High
  • Latitude: 33.58
  • Longitude: -96.18
  • State: Texas
Parking
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front, Garage Single Door
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 1
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: INGLISH ADDN, BLOCK PT OF 37, LOT 2, ACRES 1.
  • Association Type: None
  • Tax Lot: 2
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Carpet, Luxury Vinyl Plank
  • Heating: Central, Electric
  • Interior Features: Cable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Living Area: 2800.0
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Plans
  • Construction Materials: Siding
  • Fencing: Back Yard, Wood
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 2
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Concessions YN: No
  • Handicap: No
  • Loan Type: Treat As Clear
Lot Information
  • Lot Size Acres: 1.537
  • Lot Size Area: 1.537
  • Lot Size Units: Acres
  • Lot Size Square Feet: 66951.72
  • Multi Parcel ID: No
  • Parcel Number: 000000137861
Multi Family
Multi-Family Information
  • Number Of Buildings: 7
  • Capitalization Rate: 5.94%
  • Gross Annual Expenses: $6,100
  • Gross Annual Income: $40,800
  • Insurance Expense: $850
  • Total Annual Expenses Include: Insurance, Other
  • Net Operation Income: $33,850.00
Unit 1
  • Approximate SQFT: 1400.0
  • Average Lease Amount: $1,700.00
  • Kitchen Length: 10.0
  • Kitchen Width: 7.0
  • Living Area Length: 18.0
  • Living Area Width: 18.0
  • Master Bed Length: 17.0
  • Master Bed Width: 10.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1400.0
  • Average Lease Amount: $1,700.00
  • Kitchen Length: 10.0
  • Kitchen Width: 7.0
  • Living Area Length: 18.0
  • Living Area Width: 18.0
  • Master Bed Length: 17.0
  • Master Bed Width: 10.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for 400-414 East 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 400-414 East 7th Street

Taxable ValueLand$225,000Additions$1,974,140Total$2,199,140
Home Facts
Total Finished SqFt19,110 SqFtAbove Grade Finished SqFt19,110 SqFtLot Size66,952 SqFtYear Built2024CountyFANNINAPN137861

Schools near 400-414 East 7th Street

This home is within Bonham Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Finley-Oates Elementary School
PublicK to 3

Evans Elementary School
Public4 to 6

Rather L High School
Public7 to 8

Bonham High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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400-414 East 7th Street is a multi-family home for sale in Bonham, TX 75418. This property was listed for sale on January 20, 2025 by M Kittrell Properties, INC, it's currently listed at $570,000. This listing's school district is Bonham Independent School District. Nearby schools include Finley-Oates Elementary School, Evans Elementary School and Rather L High School. 400-414 East 7th Street is a 6-bed, 5-bath, 2,800 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of M Kittrell Properties, INC, Marilyn Kittrell

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