504 E State Highway 11 # 506

Tom Bean, TX
$ 390,000 Beds 3 Baths 2 Sq 2,376 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 390,000
  • City
  • Tom Bean
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • GRAYSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.18 Acres
  • Zip
  • 75489
  • Sqr Footage
  • 2,376
  • Year Built
  • 1999
  • Taxes
  • $ 6405
  • Style
  • Single Family Residence
  • MLS#
  • 21365970
Listed By: Weichert Realtors-Solid Ground
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Tom Bean Elementary School
Middle School Unknown Middle School
High School

Price History

8/25/2026 Listed $390,000

Property vs Zip Code Average in 75489

Price
AVG $270K
$390K
Taxes
AVG $4,418
$6,405
Year Built
AVG 1989
1999
Visits
AVG 113
42
Data Provided by Inside Real Estate®

Areas That We Cover

504 E State Highway 11 # 506 Tom Bean, TX is a Single Family Home for sale at $390000 with 2376 sqft and a lot size of 0.18 Acres Acre(s). 504 E State Highway 11 # 506 Tom Bean has 3 bedrooms, 2 baths and was built in 1999. The property's zip code is 75489 which is in Tom Bean, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.