Renovated Tenant-Occupied Single-Family
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.
(972) 480-8280
Listed By:
Mallory Adams · License #0746744
(972) 480-8280
Added: May 12
Changed: Jul 10
Last Checked: Jul 24 at 2:06AM
MLS# 21259360
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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
Location Intelligence
Current Use by Public Records
Single family properties
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