504 E State Highway 11 Unit 506

Tom Bean, TX 75489
  • $390,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 2,376

    SqFt

About the Listing SOLI00TO - 0483138,0826314

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.

Listing Highlights

Status Active
Days on Site 5
Property Type Residential
MLS ® 21365970
Year Built 1999
Total Square Footage 2,376
Lot/Acreage 0.18
County Grayson
Neighborhood Annibal Bartlett
School District Tom Bean ISD
Elementary School Tom Bean
Middle School Tom Bean
High School Tom Bean

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances: Electric Range
  • Air Cond: Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Eat-in Kitchen,ADU
  • Water:

Exterior Details

  • Lot Description: Less Than .5 Acre (not Zero)
  • Garage Capacity: 1 car
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Concrete

Financial Details

  • Tax Amount: $6,405
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 152999
  • Tax Year: N/A

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504 E State Highway 11 Unit 506 Tom Bean, TX 75489

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Amy Downs

Expansion Partner | Team Leader | ADT Property Partners Group | DHS Realty

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