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Property Details:

County or Parish
Grayson
Lot Size
Less Than .5 Acre (not Zero)
Lot Size (Acres)
0.1800
Lot Size Area
0.1800
Lot Size (Square Feet)
7840.8000
Association Type
None

School Information:

School District
Tom Bean ISD
Elementary School
Tom Bean
Middle School
Tom Bean
High School
Tom Bean

Interior Information:

Appliances
Electric Range
Heating
Central,Electric
Cooling
Central Air,Electric
Fireplaces Total
0
Interior Features
Eat-in Kitchen

Exterior Information:

Lot Size
Less Than .5 Acre (not Zero)
Acres
0.1800
Pool
No
Waterfront
No

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21365970

504 E State Highway 11

Tom Bean, Texas
$390,000
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Type: Residential
Beds: 3 Baths: 2.00 Living: 1 Dining: 0
Gar: 1 Gar LxW: 12 x 14 SqFt: 2,376 Year Built: 1999
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.
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Listed by: DONNA WOODRUFF
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Tony C Hager

Tony C Hager

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