Listed By:
Weichert Realtors-Solid Ground
Address
504 E State Highway 11 # 506, Tom Bean, TX
Price
$ 390,000
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

Property vs Single Family Average in 75489

Price
AVG $270K
$390K
Taxes
AVG $4,418
$6,405
Year Built
AVG 1993
1999
Visits
AVG 88
21
Data Provided by Inside Real Estate®

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