3 Beds
2 Baths
2,376 SqFt
3 Beds
2 Baths
2,376 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,376 sqft
Price per Sqft $164
Subdivision Annibal Bartlett
MLS Listing ID 21365970
Style Detached
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1999
Annual Tax Amount $6,405
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TX
County Grayson
Direction 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.
Interior
Interior Features Eat-in Kitchen
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Appliance Electric Range
Exterior
Parking Features Concrete
Garage Spaces 1.0
Pool None
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Garage Yes
Private Pool No
Building
Dwelling Type House
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
Elementary Schools Tom Bean
Middle Schools Tom Bean
High Schools Tom Bean
School District Tom Bean Isd
Others
Tax ID 152999
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21365970
Nearby Locations
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