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$490,000

406 E Bonham Street, Tom Bean, TX, 75491

On MarketInfo
Beds6 Beds
Baths6 Bath
DuplexDuplex
Year BuiltBuilt in 2025

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 6Bathrooms 6
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters

About this property

INCOME PRODUCING PROPERTY-FULLY TENANT OCCUPIED. BEAUTIFUL NEW CONSTRUCTION DUPLEX IN TOM BEAN, GRAYSON COUNTY. Each unit is large in size at 1655sf with open kitchen, custom tile backsplash and granite countertops throughout, an abundance of natural light, large inside storage, walk-in laundry room with custom cabinets also throughout as well. All bedrooms upstairs with walk in closets, additional storage closets and two full baths complete with custom tile showers. Half bath downstairs separate from utility and handy for guests. Large privacy fenced backyard and large front concrete driveway for parking divided for each unit use. Located in a quiet neighborhood and walking distance to the community playground park and with parent assistance to the Elementary School. Appointments to show must be made prior to showing with each tenant's approval. Both units are secured with executed tenant lease in place and must be honored upon sale of property.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Sheri Kent

DFW Elite

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tom Bean

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406 E Bonham Street | Property Details | No Agent List