$494,000

521 Gates St Unit A & B Bonham, TX 75418

$5,866
Closing credit¹
6 beds
4 full
2,496 sqft
0.2 acres
$198 / sqft
Multi-Family

Property details

About 521 Gates St Unit A & B

Don't miss the opportunity to own one of Bonham's finest duplexes. 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.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,496 sqft
Lot size0.238 Acres
Year built2025
ParkingDoor-Multi, Garage Faces Front, Garage, Garage Door Opener, Lighted
MLS #20861189
Attached garage4 spaces

Virtual tour

Summary

  • Full Bathrooms: 4
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Built-in Features, Double Vanity, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
  • Total Bedroom Count: 6
  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Garage Faces Front, Garage, Garage Door Opener, Lighted
  • Heating: Central
  • Cooling: Central Air
  • List Price: $494,000
  • Price/SqFt: $197
  • Lot: Near Park
  • Directions: Headed east on Hwy 82 towards Bonham • Turn left onto TX-78 N intersection and proceed North • Drive 1.7 miles and turn right onto W 12th St. • Continue for 0.7 miles and turn left on N Main St. • Drive 0.4 miles and turn right onto E 5th St. • In 0.3 miles, turn left onto Gates St.
  • Year Built: 2025
  • Living Area: 2,496 SqFt
  • Lot Size: 0.238 Acres
  • MLS Number: 20861189
  • MLS Name: NTR
  • Office Name: PARAGON, REALTORS
  • Office Phone: (903) 893-8174
  • Listing Agent: Camey Higgins

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modern farmhouse featuring a garage, board and batten siding, and a front yard

$494,000

521 Gates St Unit A & B

$5,866

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

Finley-Oates Elementary School

Public District KG-3

1.5 mi

1901 Albert Broadfoot St

5

Ector Elementary School

Public District PK-6

5.0 mi

301 S Main St

7

Savoy Elementary School

Public District PK-6

10.8 mi

304 W Hayes St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $28,047. The majority of Bonham, TX residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

63%
<35k
26%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart

Where do the neighbors go to eat?

  • SonicSonic
  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans

What do the neighbors drive?

  • OldsmobileOldsmobile
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • CountryCountry
  • OldiesOldies
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 521 Gates St Unit A & B in Bonham, TX and zip code 75418. This 2,496 square foot home, which was built in 2025, sits on a 0.24 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $494,000.

In April 2025 in Bonham, TX there were 21.7% more homes for sale than in March. In April 2025 median list price was $250,000 and the average listing age was 81 days.

From Rocket Homes Real Estate and based on county public records data.

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