Renovated Tenant-Occupied Single-Family
For Sale
$670,000
506 E 15th, Bonham, TX 75418
MULTI_FAMILY - Bonham, TX
Property SizeContact for details
Lot Size0.17 Acres
Days on Market26
Property Features for 506 E 15th
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
11
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 11, Bathroom 4, Bathroom 1, Bedroom 2, Bedroom 7, Bedroom 1, Bathroom 3, Bedroom 8, Bathroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 10, Bedroom 9, Bedroom 5
Parking
4
Parking features
Driveway
Interior features
BuiltInFeatures, DecorativeDesignerLightingFixtures, EatInKitchen, GraniteCounters, HighSpeedInternet, CableTv, WalkInClosets
Exterior features
PrivateYard
Fencing
Fenced
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave
Subdivision
Hunter Add
Lot features
Landscaped
Elementary school
Evans
Middle school
Rather
High school
Bonham
Elementary school district
Bonham ISD
Middle school district
Bonham ISD
High school district
Bonham ISD
Directions
See maps
Standard status
Active
APN
000000093883
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
S9740, Blk: 1, Lot: 4, TAYLOR ADDN 2, BLOCK 1, LO
Legal Description
S9740, Blk: 1, Lot: 4, TAYLOR ADDN 2, BLOCK 1, LO
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1943
Floors in Building
1
Number of units
4
Flooring type
Carpet, Vinyl
Roof type
Composition
Listing Agency:
OmniKey Realty, LLC.
(972) 480-8280
Listed By:
Bernard Bell · License #0746744
(972) 480-8280
Added: Jul 10
Changed: Aug 4
Last Checked: Aug 4 at 3:06PM
MLS# 21259360
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale investment package includes four tenant-occupied single-family properties presented as a turnkey addition to a rental portfolio. The homes have been recently renovated with modern interior updates, including granite countertops, durable luxury vinyl plank flooring, and updated kitchen and bathroom finishes. Each property is currently leased, providing in-place rental income rather than a repositioning project.
The properties are located in Bonham, TX within Fannin County and are available together as part of an investor package. The offering also notes the individual homes can be purchased separately, providing flexibility for investors who want to scale gradually or focus on a specific unit.
For active investors and long-term buyers, this configuration supports a straightforward, hands-on approach to cash-flowing ownership: acquire multiple income-producing homes at once while benefiting from completed renovation work. The tenant-occupied status and recent upgrades can appeal to investors looking to minimize downtime and reduce execution risk associated with renovations prior to leasing. Brokers should view this as a strong fit for buyers who want immediate income and a ready-to-manage rental portfolio.
The properties are located in Bonham, TX within Fannin County and are available together as part of an investor package. The offering also notes the individual homes can be purchased separately, providing flexibility for investors who want to scale gradually or focus on a specific unit.
For active investors and long-term buyers, this configuration supports a straightforward, hands-on approach to cash-flowing ownership: acquire multiple income-producing homes at once while benefiting from completed renovation work. The tenant-occupied status and recent upgrades can appeal to investors looking to minimize downtime and reduce execution risk associated with renovations prior to leasing. Brokers should view this as a strong fit for buyers who want immediate income and a ready-to-manage rental portfolio.
Key Highlights
- Investment package of 4 tenant‑occupied single‑family properties in Bonham, available together or for individual sale
- Gross monthly rents listed: $1,250 (204 Graham Ave), $1,150 (506 E 15th St), $1,275 (1310 S 5th St), $1,350 (1916 Liberty St)
- Lease terms through 2026‑2027: 10/29/26, 3/31/27, 4/30/27, and 5/31/26
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 75418, TX
14,775
Population
5,704
Households
2.6
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
140.8 sq mi
ZIP Area
105
Density / Sq Mi
$61,265
Median Household Income
$37,944
Median Earnings
$1,040
Median Rent
$207,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Four renovated, tenant-occupied homes offer turnkey income potential for investors seeking immediate cash flow.
Where is this single family property located?
The property is located at 506 E 15th Bonham, TX.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Investment package of 4 tenant‑occupied single‑family properties in Bonham, available together or for individual sale; Gross monthly rents listed: $1,250 (204 Graham Ave), $1,150 (506 E 15th St), $1,275 (1310 S 5th St), $1,350 (1916 Liberty St); Lease terms through 2026‑2027: 10/29/26, 3/31/27, 4/30/27, and 5/31/26
