506 E 15th St, Bonham, TX 75418
FOR SALE

506 E 15th St
Bonham, TX 75418

  • 11 Beds
  • 4 Baths
  • 4,188 sqft

$670,000

Est. Mortgage $4,031/mo*
Get Pre-Qualified

$670,000

Est. Mortgage $4,031/mo*
Get Pre-Qualified
11 Beds
4 Baths
4,188 sqft
We estimate this home will sell faster than 97% nearby.

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Fantastic investment package opportunity—perfect for investors seeking immediate cash flow! This package includes 4 single family properties all tenant-occupied.

Recently renovated, these properties feature modern updates throughout, including granite countertops, durable luxury vinyl plank wood flooring, and updated kitchen and bathroom finishes. This package is ideal for investors looking for a cash-flowing rental property making it a turnkey addition to your rental portfolio.

(Unit 1) 204 Graham Ave, Bonham - Lease Term: 10-29-26 at $1250 per month
(Unit 2) 506 East 15th St, Bonham - Lease Term: 3-31-27 at $1150 per month
(Unit 3) 1310 South 5th Street, Bonham - Lease Term: 4-30-27 at $1275 per month
(Unit 4) 1916 Liberty St, Bonham - Lease Term: 5-31-26 at $1350 per month

These properties are also available for individual sale.
We estimate this home will sell faster than 97% nearby.

Home Highlights

Parking
4 Parking Spaces
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$160
Listed
18 days ago

Home Details for 506 E 15th St

Interior Features

Beds & Baths
Number of Bedrooms: 11Number of Bathrooms: 4Number of Bathrooms (full): 4
Appliances & Utilities
Utilities: Sewer Available, Water Available, Cable AvailableAppliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, MicrowaveDishwasherDisposalMicrowave
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Carpet, Luxury Vinyl Plank
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Luxury Vinyl Plank
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredFencing: Back Yard, FencedExterior: Private YardFoundation: Other
Parking & Garage
No CarportNo GarageParking Spaces: 4Parking: Driveway
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 8Days on Market: 18

Property Information

Year Built
Year Built: 1943
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Other
Property Information
Not Included in Sale: Current tenant belongings (as applicable) fridge, washer and dryer.Parcel Number: 000000093883

Price & Status

Price
List Price: $670,000Price Per Sqft: $160
Status Change & Dates
Possession Timing: Close Of Escrow, Subject To Tenant Rights

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: BonhamCommunity: Hunter Add
School Information
Elementary School: EvansElementary School District: Bonham ISDJr High / Middle School District: Bonham ISDHigh School: BonhamHigh School District: Bonham ISD

Agent Information

Listing Agent
Listing ID: 21259360

Building

Building Area
Building Area: 4188 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 7492.32 sqft

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Miscellaneous

Mls Number: 21259360Living Area Range Units: Square FeetAttribution Contact: 972-480-8280
Last check for updates: about 1 hour ago
Listing courtesy of Mallory Adams 0746744, (972) 480-8280
OmniKey Realty, LLC., 972-480-8280
Source: NTREIS, MLS#21259360
Also Listed on NTREIS.

Price History for 506 E 15th St

DatePriceEventSource
05/04/2026$670,000Listed For SaleNTREIS #21259360
10/03/2025$140,000ListingRemovedNTREIS #20949024
09/26/2025$1,150PriceChange
Zillow Rentals
09/26/2025$140,000PriceChange
NTREIS #20949024
09/18/2025$1,175PriceChange
Zillow Rentals
09/09/2025$142,500PriceChange
NTREIS #20949024
09/08/2025$1,199PriceChange
Zillow Rentals
08/21/2025$1,225PriceChange
Zillow Rentals
08/19/2025$1,250PriceChange
Zillow Rentals
08/07/2025$145,000PriceChange
NTREIS #20949024
08/04/2025$1,275PriceChange
Zillow Rentals
07/22/2025$1,300PriceChange
Zillow Rentals
07/18/2025$147,500PriceChange
NTREIS #20949024
07/10/2025$150,000PriceChange
NTREIS #20949024
06/30/2025$1,325PriceChange
Zillow Rentals
06/30/2025$155,000PriceChange
NTREIS #20949024
06/17/2025$1,350PriceChange
Zillow Rentals
05/27/2025$160,000Listed For SaleNTREIS #20949024
05/13/2025$1,375PriceChange
Zillow Rentals
03/21/2025$1,400PriceChange
Zillow Rentals
03/21/2025$162,500ListingRemovedNTREIS #20834379
03/13/2025$1,425Listed For RentZillow Rentals
03/13/2025$162,500PriceChange
NTREIS #20834379
02/21/2025$165,000Listed For SaleNTREIS #20834379

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Property Tax and Assessment

Year2025
Tax
Assessment$127,940
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 506 E 15th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Bonham

At least 46 Trulia users voted on each feature.

  • 90 % Say yards are well-kept

  • 89 % Say parking is easy

  • 89 % Say car is needed

  • 85 % Say there's holiday spirit

  • 71 % Say it's dog friendly

  • 68 % Say it's quiet

  • 64 % Say kids play outside

  • 53 % Say neighbors are friendly

  • 52 % Say people would walk alone at night

  • 50 % Say it's walkable to grocery stores

  • 50 % Say there's wildlife

  • 50 % Say it's walkable to restaurants

  • 47 % Say they plan to stay for at least 5 years

  • 38 % Say there are sidewalks

  • 19 % Say streets are well-lit

  • 17 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Robbie Jackson
    "It’s important to know you have to drive 1+ hrs to do any activities other than school sports or lake visits. The traffic to commute to the metroplex has significantly increased the last few years. Most people are friendly but keep to themselves. People do not pick up after pets & it’s gross. There are a few parks but they’re older. Parks really need to be updated. Restaurants come & go quickly here. There are a few that have stood the test of time though.You have two grocery options here. Most shop outside of town for groceries, clothing, etc."
    2
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  • Kcwebb
    "The street in front of my house is very very busy with tractor trailers driving on it all day long it would be very scary for children"
    0
    Flag
  • Hannah C.
    "the schools are terrible and there are drugs and drug users throughout the town. just a sad, run down, poor poor place."
    0
    Flag
  • Candace C.
    "Bonham is special to me because of my family, but I wouldn’t live here if I had the money to move. In bonham, you can walk most everywhere (I did), and I felt safe. "
    10
    Flag
  • Lynne N.
    "They have parades and a rodeo and Christmas and many nice events and a senior lunch shooing like Brahms and Dairy Queen and brookshires and Wallmart and the like"
    4
    Flag
  • Texstarr46
    "We are in the country with acreage. Bonham is a lake city. It’s a growing city due to the Bois d’Arc Reservoir being created."
    0
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  • Timothy W.
    "people are always walking there dogs here. and kids are out playing all the time it's really quite "
    1
    Flag
  • Krystal H.
    "Near the lake there are often dogs running loose and speeding vehicles on the main lake road. People generally keep to themselves. It’s a very politically conservative area and often there are only republican candidates for local positions. The public schools are large but still value their students and their families. "
    0
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  • Hollysantos8686
    "It’s an overall safe area with a nice vibe and great schools and kids activities. We are an open arms community overall"
    4
    Flag
  • Unspecified
    "Peaceful, beautiful flowers and trees and just always gives you that feeling of no place like home. "
    1
    Flag
  • maxout2
    "We spend weekends up on Lake Bonham. The dogs and the kids love it. This has all the excellent features of country and lakeside living in under 1 hour away from the Dallas suburbs. The fishing on the lake is outstanding and most tourist boaters bypass this place for Texoma so it is very peaceful even on the weekends."
    0
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  • kgunlock
    "Bonham has everything available for daily living. Great community and close to large city benefits. Bonham has good restaraunts and shoppng for every need. Good schools and friendl living. Sherman is 25 minutes away for anything you need or could want. This area is beautiful!"
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LGBTQ Local Legal Protections

Mallory Adams, OmniKey Realty, LLC., 972-480-8280
Agent Phone: (972) 480-8280
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
506 E 15th St, Bonham, TX 75418 is a 11 bedroom, 4 bathroom, 4,188 sqft multi-family built in 1943. This property is currently available for sale and was listed by NTREIS on May 4, 2026. The MLS # for this home is MLS# 21259360.