Tom Bean Homes under $500,000

Tom Bean Homes under $500,000

Welcome to Tom Bean, Texas—where small-town charm meets modern living! Nestled in Grayson County, this delightful city is a hidden gem in the heart of North Texas. With its friendly community, picturesque landscapes, and rich history, Tom Bean offers a unique blend of tranquility and accessibility, making it an ideal place for families, retirees, and anyone looking to escape the hustle and bustle of city life.

Life in Tom Bean is characterized by a strong sense of community and a slower pace that allows residents to truly savor each moment. Enjoy the scenic beauty of the surrounding countryside, where wide-open spaces and lush greenery create a serene backdrop for outdoor activities. The city is conveniently located near larger urban centers, providing easy access to shopping, dining, and entertainment while maintaining its peaceful atmosphere.

For those seeking to invest in their dream home, Tom Bean offers a fantastic selection of properties under $500,000. Whether you're looking for a cozy starter home, a charming cottage, or a spacious family residence, you'll find a variety of options that cater to different tastes and budgets. With affordable housing prices, Tom Bean is an attractive choice for first-time homebuyers and those looking to downsize without compromising on quality of life.

Discover the warmth and hospitality of Tom Bean, where your dream home awaits. Embrace the opportunity to be part of a community that values connection, comfort, and a high quality of life—all without breaking the bank! Come explore Tom Bean today and see why it’s the perfect place to call home.

Newest Tom Bean Homes under $500,000

504 E State Highway 11, Unit 506, Tom Bean
$390,000
3 Beds ⋅ 2 Baths ⋅ 21365970 MLS
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.

504 E State Highway 11, Unit 506, Tom Bean

Start Your Search

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated:

How much is your home worth?

Get instant property value now!