521 Gates St, Bonham, TX 75418
SOLD
DEC 4, 2025

521 Gates St
Bonham, TX 75418

  • 6 Beds
  • 4 Baths
  • 2,496 sqft
6 Beds
4 Baths
2,496 sqft

Local Information

  • Map ViewExplore the area around 521 Gates St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

***PRICE REDUCTION***Builder warranty***

Don't miss the opportunity to own this gem of a duplex in Bonham. With its modern finishes, functional layout, prime location, and the option to buy one or both sides, this property offers a lifestyle of luxury and convenience that is second to none. Each unit within the duplex features three spacious bedrooms and two modern bathrooms, providing ample space for families of all sizes. The units are move-in ready, complete with stainless steel appliances and natural stone countertops that add a touch of luxury to the practical, well-appointed kitchen. The oversized lot offers plenty of outdoor space. Situated next to the serene Powder Creek Park, you can enjoy leisurely strolls, picnics, and outdoor activities just steps from your front door. The park serves as an extension of your backyard, offering a peaceful retreat amidst nature. Major highways, including HWY 75, HWY 78, & Hwy 82 are easily accessible, ensuring that your daily commute is efficient and stress-free. Additionally, the property is just minutes away from the new Bois d'Arc Lake, a burgeoning area poised for development and growth. Whether you're a family looking for the perfect home or an investor seeking a lucrative opportunity, this duplex is a must-see. Make your move today and experience the best that Bonham has to offer. You really don't want to miss out on this home.

2 year warranty on mechanical and electrical systems and 10 year warranty on the structure!!
521 Gates St, Bonham, TX 75418 is a 6 bedroom, 4 bathroom, 2,496 sqft single-family home built in 2025. It last sold for the $432,900 asking price on Dec 4, 2025. It is currently off market. The Trulia Estimate is $410,500, with a rent estimate of $3,082/month.

Home Highlights

Parking
4 Car Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 521 Gates St

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 2496 Square Feet
Appliances & Utilities
Utilities: Sewer Available, Water Available, Cable AvailableAppliances: Dishwasher, Electric Range, Electric Water Heater, MicrowaveDishwasherMicrowave
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Laminate
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Laminate
View
Has a ViewView: Park/Greenbelt
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Rear Porch, Front Porch, CoveredFoundation: Slab
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageHas an Attached GarageParking Spaces: 4Parking: Door-Multi,Garage Faces Front,Garage,Garage Door Opener,Lighted
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 217

Property Information

Year Built
Year Built: 2025
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family
Building
Construction Materials: Board & Batten SidingIs a New Construction
Property Information
Parcel Number: 143030

Price & Status

Price
List Price: $432,900
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: BonhamCommunity: S9710
School Information
Elementary School: EvansElementary School District: Bonham ISDJr High / Middle School District: Bonham ISDHigh School: BonhamHigh School District: Bonham ISD

Building

Building Area
Building Area: 2496 Square Feet

Community

Community Features: Park, Sidewalks, Trails/Paths

HOA

No HOA

Lot Information

Lot Area: 10367.28 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 20861189Living Area Range Units: Square FeetAttribution Contact: 903-893-8174Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48147-N-143030-R-N

Additional Information

ParkSidewalksTrails/Paths
Last check for updates: about 20 hours ago
Listed by Camey Turner 0796666, (903) 893-8174
PARAGON, REALTORS, (903) 893-8174
Bought with: Jack Rosenthal, Keller Williams Legacy, (972) 599-7000
Source: NTREIS, MLS#20861189

Price History for 521 Gates St

DatePriceEventSource
12/04/2025--Sold
NTREIS #20861189
10/20/2025$432,900PriceChange
NTREIS #20861189
09/23/2025$442,900PriceChange
NTREIS #20861189
09/19/2025$470,000PendingToActiveNTREIS #20861189
09/03/2025$470,000PendingNTREIS #20861189
08/29/2025$470,000ContingentNTREIS #20861189
06/18/2025$470,000PriceChange
NTREIS #20861189
04/22/2025$494,000PriceChange
NTREIS #20861189
03/17/2025$520,000Listed For SaleNTREIS #20861189

Market trends in Bonham

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
113
7
MoM
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Property Tax and Assessment

Year2025
Tax$3,365
Assessment$184,610
Home facts updated by county records

Comparable Sales for 521 Gates St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
-
01/28/26
6
5
2,595
0.13
Single-Family Home
-
08/15/25
3
2.5
1,551
0.11
Single-Family Home
-
01/13/26
3
2
1,375
0.10
Single-Family Home
-
12/31/25
3
2
1,217
0.65
Single-Family Home
-
10/08/25
5
2.5
2,006
0.25
Single-Family Home
-
03/20/26
3
2
1,396
0.25
Single-Family Home
-
12/12/25
3
3.5
2,872
0.09
Single-Family Home
-
06/26/26
3
2
1,100
0.67
Single-Family Home
-
03/19/26
5
3
3,718

Nearby homes

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Assigned Schools

These are the assigned schools for 521 Gates St.
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."
  • 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"
  • Hannah C.
    "the schools are terrible and there are drugs and drug users throughout the town. just a sad, run down, poor poor place."
  • 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. "
  • 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"
  • 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."
  • Timothy W.
    "people are always walking there dogs here. and kids are out playing all the time it's really quite "
  • 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. "
  • Hollysantos8686
    "It’s an overall safe area with a nice vibe and great schools and kids activities. We are an open arms community overall"
  • Unspecified
    "Peaceful, beautiful flowers and trees and just always gives you that feeling of no place like home. "
  • 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."
  • 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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