Search
506 E 15th, Bonham, TX, 75418
Renovated Tenant-Occupied Single-Family Package

506 E 15th Bonham, TX 75418

For Sale
$670,000

MULTI_FAMILY - Bonham, TX

Lot Size0.17 Acres
Days on Market74

Property Features for 506 E 15th

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
11
Bathrooms
4
Rooms
Bedroom 2, Bedroom 9, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 8, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 10, Bedroom 1, Bedroom 11, Bathroom 1
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
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

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Electric
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.
Listed By: Mallory Adams · License #0746744
Added: May 12 Changed: Jul 10 Last Checked: Jul 24 at 10:06AM
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.

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 Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

HVAC Service Electrical Service Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store Catering Service Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message