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Tenant-Occupied Duplex
For Sale
$490,000

406 E Bonham Street, Tom Bean, TX 75491

ResidentialIncome, Tom Bean, TX

Property SizeContact for details
Lot Size0.15 Acres
Days on Market49

Property Features for 406 E Bonham Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 6
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 1, Bathroom 5, Bathroom 6, Bathroom 4, Bedroom 5, Bathroom 1
Parking 4
Parking features Open
Interior features DecorativeDesignerLightingFixtures, EatInKitchen, GraniteCounters, HighSpeedInternet
Exterior features RainGutters
Fencing Privacy
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave
Subdivision Kennington Add Ph II
Lot features Back Yard, Interior Lot, Lawn
Elementary school Tom Bean
Middle school Tom Bean
High school Tom Bean
Elementary school district Tom Bean ISD
Middle school district Tom Bean ISD
High school district Tom Bean ISD
Directions In Tom Bean on Hwy 11, near the elementary school, turn North on North Eubanks St. At the stop sign, turn right on Bonham St. Property is located on the Right. NO SIGN at Sellers request
Standard status Active
APN 443291
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description KENNINGTON ADDN PHASE II REPLAT LT 1 & 2, LOT
Tax Annual Amount 5604
Legal Description KENNINGTON ADDN PHASE II REPLAT LT 1 & 2, LOT

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Ceiling Fan(s), Central Air
Water source Public

Building Details

Year built 2025
Floors in Building 2
Number of units 2
Flooring type Laminate
Building materials FiberCement
Roof type Composition
Listing Agency: DFW Elite
Listed By: Sheri Kent · License #0496604
Added: Jul 12 Changed: Aug 26 Last Checked: Aug 29 at 7:06PM
MLS# 21328817

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 duplex includes two residential units, each measuring 1,655 square feet. The interiors feature open kitchens with granite countertops, custom tile backsplashes, abundant natural light, generous interior storage, and walk-in laundry rooms with built-in cabinetry. Bedrooms are positioned upstairs, while each unit also includes two full bathrooms and a downstairs half bath. Laminate flooring, central heating and cooling, electric appliances, and fiber-cement construction are among the property’s features.

Both units are occupied under executed leases that must remain in place after sale. Each side has a privacy-fenced backyard and a separate portion of the large front concrete driveway for open parking. The property is located at 406 E Bonham Street in Tom Bean, with public water and public sewer service. A community playground park is within walking distance, and the elementary school is accessible with parent assistance.

Key Highlights

  • Two‑unit duplex with 1,655 SF per unit
  • Both units are fully tenant occupied with executed leases in place
  • Each unit includes an open kitchen, granite counters, custom tile backsplash, and walk‑in laundry room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Plumbing Service Auto Repair Shop Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 75491, TX

5,148
Population
2,353
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
91%
High-School Grad
98.6 sq mi
ZIP Area
52
Density / Sq Mi
$71,774
Median Household Income
$48,813
Median Earnings
$881
Median Rent
$239,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with updated finishes, private outdoor space, and separate parking areas.
Where is this duplex located?
The property is located at 406 E Bonham Street Tom Bean, TX.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,655 SF per unit; Both units are fully tenant occupied with executed leases in place; Each unit includes an open kitchen, granite counters, custom tile backsplash, and walk‑in laundry room
More about this property
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