




$100,000
1626 Kennedy St, Bonham, TX, 75418
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About this property
Two duplex-ready layouts under one Bonham roof. This 6-bedroom, 2-bath home spans 2,354 square feet on a 0.23-acre lot in the Fairview Addition, built in 1940 with a room count that maps directly onto two 3-bedroom, 1-bath units. Six bedrooms in one structure means the split is already there — reconfiguring into two 3-1 units means working with existing walls, not adding square footage (buyer to confirm permitting with the City of Bonham). Two covered porches (105 and 61 square feet) give each potential unit its own entrance point, useful for separating tenant access. Two 320-square-foot steel storage buildings (built 2000) plus a storage shed add lockable space for tenant use or owner equipment. The 10,001-square-foot lot carries 100 feet of frontage, enough room for separate parking or walkways per unit. Duplexes and fourplexes line this block, so multi-family rental demand is already established here. Zoned to Bonham ISD and sited in the Fairview Addition, this address sits inside an established multi-family pocket of Bonham — built-in comparables for rent roll and resale.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Bonham
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