Property Attributes
- MLS#21365970
- TypeSingle Family
- Listing Status Active
- CountyGRAYSON
- CityTom Bean
- NeighborhoodAnnibal Bartlett
- Zip75489
- StyleSingle Family Residence
- Year Built1999
- Taxes$ 6405
- Price$ 390,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2376
- Lot Size0.18 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Two homes, two addresses, and multiple possibilities—all in one distinctive offering. Schedule a showing and explore the investment, income, and lifestyle potential of this unique Tom Bean property. Discover a rare opportunity to own two separate, detached single-family homes at 504 and 506 E. Hwy 11 in Tom Bean. Together, the homes offer a total of six bedrooms and four full bathrooms, making this an attractive option for investors, owner-occupants, or multigenerational living. This is not a duplex—the homes are completely separate and share no connecting walls. That distinction gives occupants considerably more privacy and independence than a traditional side-by-side property. Attached garage, approximately 1,188–1,250 square feet in each home. Comfortable living areas with vaulted-ceiling detail, Central heating and air conditioning, Electric kitchen appliances, all bedrooms and one bath upstairs, one bath and laundry downstairs. For investors, this offering provides two income-producing residences in one purchase. Current rents have not kept pace with the properties’ values, giving a new owner the opportunity to evaluate future rental rates and improve overall income potential, subject to existing leases, market conditions, and applicable regulations. For buyers seeking a primary residence, the possibilities are equally appealing: live in one home and rent the second to help offset ownership costs. Because the houses are detached, you can enjoy your own private residence while your renter occupies a completely separate home. The arrangement could also accommodate extended family members while allowing each household to maintain its own space and privacy. Located directly on Hwy 11, the property offers convenient access to Sherman, US Highway 75, employment, shopping, dining, and other North Texas destinations while retaining the comfortable pace of Tom Bean living.
| Elementary School |
|---|
| Tom Bean Elementary School |
| Price History | |
|---|---|
| 8/25/2026 | Listed $390,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | City Sewer,City Water |
| Possession | Closing/Funding,Lease Outstanding |
| Appliances | Electric Range |
| Number of Garage Spaces | 1 |
| School District | Tom Bean ISD |
| Year Built | 1999 |
| Levels | Two |
| Unexempt Taxes | 6405 |
| Will Subdivide | No |
| Unit Number | 506 |
| Property Subtype | Single Family Residence |
| Subdivision Name | Annibal Bartlett |
| Transaction Type | For Sale |
| County | Grayson |
| Property Type | Residential |
| HOA Type | None |
| Full Baths | 2 |
| Status | Active |
| Directions | From Sherman,take Hwy 11 toward Louella and straight to Tom Bean properties on the Hwy just past the Elementary School. The last 2 houses are the ones for sale. |
| City | Tom Bean |
| Elementary School Name | Tom Bean |
| High School | Tom Bean |
| Elementary School | Tom Bean |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21365970 |
| Standard Status | Active |
Interior Features
| Interior Features | Eat-in Kitchen |
|---|---|
| Living Areas | 1 |
| Room Count | 5 |
| Lock Box Type | Combo |
| Total Bedrooms | 3 |
| Total Baths | 2 |
Exterior Features
| Garage Length | 12 |
|---|---|
| Garage Width | 14 |
| Parking Features | Concrete |
| Lot Size | Less Than .5 Acre (not Zero) |
| Covered Spaces | 1 |
| Lot Size Area | 0.1800 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 7840.8000 |
| Lot Size Acres | 0.1800 |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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