504 and 506 Hwy 11 together for one price!

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504 E State Highway 11 #506

Tom Bean, Texas 75489

$390,000 $1,644/Mo

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Overview

Bed

Bath

2,376

Sqft

0.18

Acre(Lot)

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.

Property Details

Property Type : Residential

Price : $390,000

AD Id : 90015352

MLS Id : 571645025

Beds : 3

Lot Size : 0.18 Acre

Living Area Size : 2,376

Year Built : 1999

Garage : 1

County : Grayson

Subdivision: Holiday Park North 02 Rev

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 0
Interior Features

Eat-in Kitchen

Appliances

Electric Range

Utilities

City Sewer,City Water
Cooling Features

Central Air,Electric

Heating Source

Central,Electric

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 1999

Lot Information

Lot Size (Acr): 0.1800 Lot Size Units: Acres Lot Size Square Feet: 7,841
Property Information

SQ ft (Living Area): 2,376 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Annibal Bartlett City: Tom Bean State: Texas 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. Property Status: Active Levels: Two Property Age: 27

Listing Price Information

Original List Price: $390,000 List Price Tot SqFt: $164
Listing Information

Possession: Closing/Funding,Lease Outstanding

Tax Information

Parcel Number: 152999 Tax Legal Description: G-0012 ANNIBAL BARTLETT A-G0012, ACRES .18 Unexempt Taxes: $6,405

Parking Information

Has Garage Garage Space: 1 Carport Spaces: 0 Parking Features: Concrete
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Tom Bean Middle School: Tom Bean High School: Tom Bean School District: Tom Bean ISD
Utility Information

Utilities: City Sewer,City Water

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
109 S Shaw Street, Tom Bean, TX, 75489	$265,000	3	2	1,320	0.34 Acre
305 E Bonham, Tom Bean, TX, 75489	$269,900	3	2	1,600	0.16 Acre
111 Britton Street, Tom Bean, TX, 75489	$159,000	2	1	873	0.26 Acre
209 W Bonham Street, Tom Bean, TX, 75489	$285,000	3	2	1,521	0.13 Acre
106 N Lackey Street, Tom Bean, TX, 75489	$285,000	3	2	1,521	0.13 Acre
402 Jones Street, Tom Bean, TX, 75489	$260,000	2	2	1,360	1.31 Acres

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ByOwner last updated this listing 09/03/2026 @ 13:53

MLS: 571645025 LISTED BY: DONNA WOODRUFF, Weichert Realtors-Solid Ground 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information