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Active

$390,000

  • 3 beds
  • 2 baths
  • 2,376 sq ft
  • 0.18 acre lot

504 E State Highway 11 506

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Listing data updated

About this home

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.

Read the full 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.

Bedrooms
3
Bathrooms
2
Living area
2,376 sq ft
Lot size
0.18 acres
Garage spaces
1 space
Year built
1999
Property type
SingleFamilyResidence
Status
Active
MLS number
21365970

Listing courtesy of Weichert Realtors-Solid Ground

Office phone 903-583-4900

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Times that work for you (up to three)

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Location

Facts and features

Interior

Bedrooms
3
Bathrooms
2
Living area
2,376 sq ft

Exterior

Garage spaces
1

Lot

Lot size
0.18 acres

Building

Year built
1999
Property type
SingleFamilyResidence

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This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.

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Listing courtesy of Weichert Realtors-Solid Ground. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated