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. 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.

Facts and features

Schools

• Tom Bean Elementary School

  elementary · K-5 · 0.2 mi

  3

• Tom Bean Middle School

  middle · 6-8 · 1.3 mi

  5

• Tom Bean High School

  high · 9-12 · 1.3 mi

  6

Price history

• Aug 25, 2026 · Listed$390,000

Tax history

• 2026$6,770 tax · $344,795 assessed
• 2025$6,344 tax · $326,195 assessed
• 2023$6,378 tax · $312,895 assessed
• 2022$5,264 tax · $258,254 assessed
• 2021$5,210 tax · $239,830 assessed
• 2020$5,242 tax · $232,751 assessed
• 2019$5,135 tax · $212,878 assessed
• 2018$5,097 tax · $205,839 assessed

Home value

$380,100

• Cotality$380,100

Where it is