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General Description
minimizeCute and Cozy, Light and Airy, Crisp and Clean describe this 2 bedroom, 2 living area, 1 car garage older home shaded by mature trees. Second living could easily be converted into a third bedroom. Home features fresh interior and exterior paint, laminate floors throughout except for vinyl floor in bath, ceiling fans and central heat and air. Large back yard with wooden privacy fence has raised beds for growing your own herbs and vegetables. Consider this very affordable and well maintained starter home or turn key investment property. Ready for immediate move in. Call today for an appointment.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $128.83 | $112,080 | 9.09% | $87,253 | 10.00% |
| 2022 | $118.09 | $102,740 | 42.48% | $79,321 | 10.00% |
| 2021 | $82.89 | $72,110 | 9.76% | $72,110 | 9.76% |
| 2020 | $75.52 | $65,700 | 51.45% | $65,700 | 51.45% |
| 2019 | $49.86 | $43,380 | 23.34% | $43,380 | 23.34% |
| 2018 | $40.43 | $35,170 | -0.79% | $35,170 | -0.79% |
| 2017 | $40.75 | $35,450 | 26.30% | $35,450 | 26.30% |
| 2016 | $32.26 | $28,067 | -10.19% | $28,067 | -10.19% |
| 2015 | $35.92 | $31,250 | -1.14% | $31,250 | -1.14% |
| 2014 | $36.33 | $31,610 | -1.77% | $31,610 | -1.77% |
| 2013 | $36.99 | $32,180 | $32,180 |
2023 Fannin County Appraisal District Tax Value
| Market Land Value: | $28,990 |
| Market Improvement Value: | $83,090 |
| Total Market Value: | $112,080 |
2023 Tax Rates
| CITY OF BONHAM: | 0.5600 % |
| FANNIN CO: | 0.4007 % |
| BONHAM ISD: | 1.0111 % |
| Total Tax Rate: | 1.9718 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 286 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 143 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Average | 
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Property Map
minimize507 Lipscomb St Bonham TX 75418 was recently sold. It is a 0.17 Acre(s) Lot, 870 SQFT, 2 Beds, 1 Full Bath(s) in Francis.
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