Tom Bean, TX 75489 500- 502 E State Highway 11 # 502
$490,000
- MLS# 21035308
- 08/18/2025
Presented By: DONNA WOODRUFF with Weichert Realtors-Solid Ground; 903-583-4900
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 6
Baths • 4
Garage • 1
Year Built • 1998
Home Details
ATTENTION INVESTORS!!! Two Separate Homes OR Four Together!
These 3 bedrooms and 2 bath homes have long term tenants that expect to stay and have kept the homes in good condition by letting owners know of any issues. The curved drive through driveway to all units offers extra parking for guests or the extra cars tenants use. Conveniently located just on Hwy 11, these homes can be in Sherman, Bonham, Whitewright or McKinney within easy commutes. Good investment for the buyer that wants income properties.500-502 are sold together and 504-506 may also be purchased together or in a separate package deal.
Presented By: DONNA WOODRUFF with Weichert Realtors-Solid Ground; 903-583-4900
Interior Features for 500- 502 E State Highway 11 # 502
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
FlooringCarpet, Ceramic Tile, Combination
Interior FeaturesEat-in Kitchen, Open Floorplan
Lock Box TypeNone
Total Units2
Unit Count2
General for 500- 502 E State Highway 11 # 502
# of Buildings2
AppliancesDishwasher, Electric Range, Electric Water Heater
Capitalization Rate0.47
CityTom Bean
Complex NameUNKN
Construction MaterialsBoard & Batten Siding
CoolingCentral Air, Electric
CountyGrayson
DirectionsFrom Sherman, take Hwy 11 through Louella to Tom Bean. Houses are on the right just after the elementary school.
Elementary SchoolTom Bean
Elementary School NameTom Bean
Full Baths4
Gross Annual Expenses2400.00
HOA TypeNone
HeatingCentral, Electric
High SchoolTom Bean
Insurance Expense2600
LevelsTwo
Number of Garage Spaces1
Pool Y/NNo
PossessionNegotiable
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictTom Bean ISD
Standard StatusActive
StatusActive
Subdivision NameBARTLETT
TenancyNo Smoking, No Waterbeds, Over 9 Months
Unexempt Taxes6656
Unit Number502
UtilitiesCity Sewer, City Water
Will SubdivideNo
Year Built1998
Year Built DetailsPreowned
Exterior for 500- 502 E State Highway 11 # 502
Attached Garage Y/NYes
Building Area Total2376.00
Exterior FeaturesCovered Deck, Private Entrance
Foundation Slab
Garage Length14
Garage Width12
Garage Y/NYes
Lot Size Acres0.2000
Lot Size Area0.2000
Lot Size Square Feet8712.0000
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesGarage, Garage Faces Front
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Tom Bean Elementary School
Middle School
N/A
Suzanne Smith
Broker/Owner