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A+
NoAgentList RatingHow are grades calculated?Info
Days102Days on Market
Views1view
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$188,888

510 E State Highway 11, Tom Bean, TX, 75489

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,973 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.74 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater, Gas Range
FlooringLaminate, Tile

Exterior

Lot Size1.47 acres

Building Information

Year Built1982

Land Information

APNN002 1096022
SubdivisionShannon Aaron A-G1096
Land UseResidential
Legal DescriptionG-1096 SHANNON AARON A-G1096, ACRES 1.4692, 200X320 - LIVING AREA AND WELDING SHOP 200X320 - LIVING AREA AND WELDING SHOP
Census Tract001802
Assessed Land Value$95,357
Assessed Improvement Value$24,966
Assessment Year2025

About this property

Welcome to small-town living in the heart of Tom Bean! Situated along Highway 11, the home provides easy access to nearby communities like Sherman, Howe, and Whitewright while still enjoying the peaceful atmosphere that makes Tom Bean such a special place to call home. Mature surroundings and a relaxed setting create a welcoming first impression from the moment you arrive. Inside you'll find 4 bedrooms with plenty of space and storage. The property offers plenty of outdoor space to enjoy fresh air, gardening, pets, or simply relaxing under the wide Texas sky. Whether you're looking for your first home, a place to downsize, or a property with small-town charm and convenient access to the city, this home presents a wonderful opportunity.

Investor Tools

$0Estimated Mortgage Balance
$594,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,564 /month
Positive
Cash Flow Estimate:
$1,188 /month

Interested in this property?

Melody Perkins

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,796
$106,127
2025
$95,357
$24,966
$120,323
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,796
$106,127

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$594,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tom Bean

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510 E State Highway 11 | Property Details | No Agent List