504 E State Highway 11 # 506
Tom Bean, TX, 75489 $ 390,000
Bedrooms3 Baths2.0 Sq 2,376 Monthly Estimate*
$ 2,463
for $390,000 with 3 bedrooms and 2 full baths. This 2,376 square foot home was built in 1999 on a lot size of 0.18.
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.
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FeaturesInteriorInterior Features Eat-in Kitchen
Basement Y/N 0
Dining Areas 0
Living Areas 1
Half Baths 0
Total Bedrooms 3
Total Baths 2
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GeneralHeating 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
Pool Y/N 0
Year Built 1999
Levels Two
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
Standard Status Active
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ExteriorWaterfront 0
Garage Length 12
Garage Width 14
Parking Features Concrete
Lot Size Less Than .5 Acre (not Zero)
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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* Excluded FeaturesList ByDonna WoodruffListing Agent
Bonham - Weichert, Realtors® - Solid GroundBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,463
- Monthly Property Taxes
- $534
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Tom Bean, TX
Average List Price $366,530
Percent of Sale Price 6%
About Tom Bean, TX 1,065 Population
13% Since 2002
$ 53,959 Median Income
35.04 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
286822 Elementary School
5136380 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/25/2026 | $390,000 | | Listed Price |