About this home

Investment opportunity in Bonham! 503 Katy Boulevard is a property with tons of potential, ideal for renovation or redevelopment. The home is in distressed condition and being sold as-is. Located just minutes from downtown and major roads, this property offers convenience and visibility in a growing area. Additional properties also for sale: 501 Katy Blvd - Adjacent corner-lot shop, also in need of repair 816 & 820 E 6th Street - Vacant residential lot nearby, perfect for future build or added value Great package opportunity for investors, builders, or buyers looking to unlock value with multiple parcels.

Facts and features

Schools

• Rather L High School

  middle · 7-8 · 0.7 mi

  5

• Evans Elementary School

  elementary · 4-6 · 0.7 mi

  5

• Bonham High School

  high · 9-12 · 1.5 mi

  3

• Morning Star Academy

  elementary · K-7 · 3.0 mi

• Finley-Oates Elementary School

  elementary · K-3 · 1.5 mi

  3

• Morning Star Academy

  elementary · K-1 · 3.0 mi

Price history

• Feb 18, 2026 · Price Changed$90,000
• May 7, 2025 · Listed$96,000
• Feb 1, 2022 · Listing Removed$65,000

Tax history

• 2026$1,109 tax · $58,140 assessed
• 2025$1,153 tax · $59,450 assessed
• 2023$988 tax · $50,140 assessed
• 2022$978 tax · $44,500 assessed
• 2021$783 tax · $32,620 assessed
• 2020$357 tax · $14,150 assessed
• 2019$281 tax · $11,010 assessed
• 2018$281 tax · $10,600 assessed

Home value

$90,290

• Quantarium$90,290
• Cotality$86,000
• Collateral Analytics$98,000

Where it is