3 Bedroom / 1 Bath Rehabber Special in Bonham, TX

[Ryder Meehan]

This is a 3 bedroom/1 bath centrally located in Bonham just 2 blocks from LH Rather Jr High and IW Evans Elementary School. Neighboring homes have already been fixed up and this one is in a quickly improving area with the opportunity to get ahead of the trend.
Price reflects necessary work. A great project for the handy homeowner or investor as a rental house or house to flip. Bonham real estate is trending upward and this is the by far the best value in town with some sweat equity.

Good bones but needed repairs:
- Roof replaced
- Flooring
- Kitchen cabinets
- Framing
- Exterior siding
- Interior and exterior painting
- Bathroom updating
- Miscellaneous updates and fixes

Ask Price: $13,500
Estimated Rehab: $20,000
ARV: $45,000

City Appraisal Value: $21,010 (as-is)

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