504 E State Highway 11 506Tom Bean, TX 75489

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 Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1999

Living area

2,376 Sq Ft

Lot size

0.18 acres

Garage spaces

1

Days on market

45

MLS^® Listing#

21365970

Property Features

Interior

Eat-in Kitchen

Appliances

Electric Range

Cooling

Central Air · Electric

Heating

Central · Electric

Parking

Concrete · Attached

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Tom Bean

Middle

Tom Bean

High

Tom Bean

District

Tom Bean ISD

Financial Details

Annual taxes

$6,405

Parcel number

152999

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.