$303,000
404 N Bonham Dr, Allen, TX, 75013
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Adorable Four Bedroom, Three Bath including Fully Independent Studio Apartment! 1600 s.f. Stunning *income-generating* home with HUGE backyard in beautiful Allen -- short-term rental approved! In addition to the main 3-bedroom, 2-bath home, this unique property features a bright, beautiful and completely INDEPENDENT STUDIO APARTMENT, WITH FULL KITCHEN AND BATH WITH IT'S OWN FRONT DOOR. for a total of four bedrooms, three full baths and two full kitchens.! Additional upgrades abound: new HVAC system, windows and sewer line in 2021; newer top-quality roof in great condition; unbelievable front porch with classic white picket fence (super for kids and pets); new paint inside and out; new flat-top range and dishwasher; remodeled main bathroom with rainfall shower and extra-deep tub; new luxury vinyl plank flooring in the bedrooms, bathrooms and kitchen (flooring in the rest of the house is beautiful, genuine bamboo); new lighting and ceiling fans throughout; vintage diamond-style door knobs; code locks on all exterior doors; a brand-new garage opener and electric panels -- and as the cherry on top, a Tesla charger in the garage! This is a turn-key home with the option of living in the main home and leasing out the cool studio apartment, using the studio for an older child, guests, or as a fantastic private office, or investing to rent out the whole property. Home is being sold as-is as sellers have already moved out. They welcome requests for credits and want to hear all offers, so please don't be shy -- take your shot at this truly incredible opportunity in highly sought-after Allen ISD! Square footage to be confirmed by buyer.
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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: Allen
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