- Hunt County
- Commerce TX
- 75428
- Local Area: Orig Town Of Commerce
Property Overview
This well kept home is priced to sell and seems much larger on the inside when you tour than the photos show. Timeless Charm on Bonham Street - Discover the perfect 1940s character in this beautifully preserved gem. Located in the heart of historic Commerce, 1505 Bonham Street sits on one of the city's most charming tree-lined lots, offering a quintessential small-town lifestyle. Built in 1945 and meticulously maintained, this 3 large bedrooms with an oversized primary, 2-bathroom residence spans a generous .29-acre lot. Inside, the home unfolds with a designated dining, two expansive living areas, providing effortless versatility for quiet movie nights or entertaining. The second living area features an elegant electric fireplace, offering cozy warmth and sophisticated ambiance without hassle. Behind the electric fireplace was a wood burning fireplace and it can be easily converted. The kitchen features stainless steel appliances for the home chef, durable tile counters, ample cabinetry, an island, and connects the cooking, dining, and living spaces perfectly. Each spacious bedroom is filled with natural light and old world charm, while the bathrooms have been thoughtfully kept to preserve the home’s classic roots. Step outside to your expansive backyard entertainer's paradise! The outdoor setup is ready for your first summer BBQ, featuring: A bricked sitting area for starlit conversations, an outdoor grill, sink, and outdoor furniture which can remain with the home, an attached one-car garage plus an additional two-car carport. Schedule your showing today!
Featured spaces
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
Property highlights
Year Built 1945
School District Commerce Isd
HOA No HOA
Parking 1-car garage, 3 covered
Architecture Traditional,Detached
Fireplace 1 Fireplaces
Neighborhood Orig Town Of Commerce
Full Property Details
Property Details
Quick Details
- Price $200,000
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 2,205 Sq Ft
- Lot Size 0.29 acres
- Lot Size Sq Ft 12,676
- Year Built 1945
- Price / Sq Ft $91 / Sq Ft
- MLS # 21341883
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Hunt
- Subdivision Orig Town Of Commerce
- Days on Market 272
Home Details
- Full Baths 2
- Half Baths 0
- Foundation Pillar Post Pier
- Roof Composition
- Flooring Carpet, Linoleum
- Heating Central, Fireplaces, Natural Gas
- Cooling Electric
Kitchen & Interior
- Appliances Dishwasher, Electric Cooktop, Electric Oven, Disposal
- Interior Features Decorative Designer Lighting Fixtures, High Speed Internet, Kitchen Island, Open Floorplan, Tile Counters
- Fireplaces 1
- Fireplace Features Electric, Family Room
Lot & Exterior
- Lot Features Back Yard, Interior Lot, Lawn, Many Trees
- Exterior Features Courtyard, Rain Gutters
- Fencing Chain Link
Parking
- Parking Carport, Driveway, Garage
- Garage Spaces 1
- Covered Parking 3
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $2,947
Utilities
- Utilities Electricity Connected
Schools
- Elementary Commerce — Commerce ISD
- Middle Commerce — Commerce ISD
- High Commerce — Commerce ISD
Listing Information
- MLS Board NTREIS
- List Date 07/27/2026
- Source Updated 10/22/2026
- Last Updated 10/22/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 1505 Bonham Street
Hunt CAD (TrueProdigy) records for 1505 Bonham Street, Commerce, TX 75428 show a CAD market value of $196,134 and a net appraised value of $124,264. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Hunt CAD (TrueProdigy) property-tax and appraisal records for 1505 Bonham Street, Commerce, TX 75428, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Hunt CAD (TrueProdigy) Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $33,627 + Improvement Value $162,507 = CAD Market Value $196,134
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
Building
Value: $162,507 Total Area: 2882 Sqft Living Area: 2205 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,701 Sqft |
| LIVING AREA ANNEX | MAA | 504 Sqft |
| GARAGE | GA2 | 441 Sqft |
| OPEN PORCH W/ROOF | PO | 144 Sqft |
| OPEN PORCH W/ROOF | PO | 15 Sqft |
| STG SHED/WORKSHOP | SSL | 77 Sqft |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows an exemption. Specific deduction amounts vary by taxing jurisdiction.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $196,134 − All Current CAD Reductions -$71,870 = Current Taxed Starting Point $124,264
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
City
CITY OF COMMERCE |
$118,264 | 0.8306 | $1,032 | -$50 | $982 |
|
County
HUNT COUNTY |
$104,264 | 0.3332 | $414 | -$180 | $234 |
|
Other Entity
HUNT MEMORIAL HD |
$94,264 | 0.2072 | $258 | -$62 | $195 |
|
School District
COMMERCE ISD |
$0 (H) | 1.2375 | $1,538 | -$1,538 | $0 |
(H) Taxable reduction reflected in school district taxable value.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $3,242 − Est. Tax Reductions / Savings $1,830 = Est. Taxes (With Current Exemptions) $1,412
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $1,830. Estimated taxes without exemptions are calculated by applying each jurisdiction's tax rate to its pre-exemption taxable value. Exemption savings represent the difference between this unexempted estimate and the county's current tax estimate. Taxable values and tax rates vary by jurisdiction. Future taxes depend on buyer qualification and future adopted rates.
The current tax estimate reflects a homestead exemption on the property's present CAD record. That exemption does not automatically transfer to a new owner; a buyer must qualify for their own exemptions. For comparison, the current estimate is $1,412 with the exemptions shown today and $3,242 without exemptions. Actual future taxes will depend on buyer eligibility, future appraised values, and adopted tax rates.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2022 | $22,820 | $82,970 | $105,790 | $84,874 | +$20,090 / +23.44% |
| 2023 | $33,230 | $89,210 | $122,440 | $93,361 | +$16,650 / +15.74% |
| 2024 | $36,890 | $177,900 | $214,790 | $102,697 | +$92,350 / +75.42% |
| 2025 | $34,610 | $169,360 | $203,970 | $112,967 | -$10,820 / -5.04% |
| 2026 | $33,627 | $162,507 | $196,134 | $124,264 | -$7,836 / -3.84% |
| 2027 | — | — | — | — | — |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $200,000 − Current CAD Market Value $196,134 = Over CAD Value +$3,866 (+2.0%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND ORIG TOWN OF COMMERCE
A curated look at local favorites, everyday stops, and lifestyle context near this property.