NOT LISTED FOR SALE

611 Texas 11 Tom Bean, TX 75489

Whitewright Area

Estimated Value: $322,820 - $386,000

7 Beds
3.5 Baths
2,710 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2022

Current estimated payment $2,372 / mo

150 Days on Market

Highlights

  • 0.64 Acre Lot
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Tom Bean Elementary School Rated A-
  • 1-Story Property
  • High Speed Internet

About This Home

As of July 2022

Turn key investor operation. Three fully occupied and updated units with stable tenancy. Duplex is nice on the inside. Has one 1 bed 1 bath efficiency, and one 3 bedroom, 1 and a half bath apartment on other side. Stand alone third residence is a nice 2 bedroom 1 bath, recently updated. Current rental income of $1850 could be raised easily to $2000 with current market rates. Proof of funds or prequalification needed to schedule showing with notice due to units being occupied. Great addition to a rental portfolio right in the friendly, small town of Tom Bean!

Last Agent to Sell the Property

Ben Vincent

Vincent Realty Group License #0529600 Listed on: 01/11/2022

Co-Listed By

Nancy Vincent

Vincent Realty Group License #0553637

Last Buyer's Agent

Taylor Lokey

Scott Brown Properties, Inc License #0705913

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 27,878 Sq Ft Lot

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,710 Sq Ft Home
  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 8 Parking Spaces
  • Open Parking

Schools

  • Tom Bean Elementary And Middle School
  • Tom Bean High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units
  • 2,710 Sq Ft Building
  • Tbduplex Subdivision

Listing and Financial Details

  • Assessor Parcel Number 152977
  • $3,476 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.64 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 17524
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 68.26568
  • Special Features: None
  • Year Built: 1960

Interior Features

  • Square Footage: 2710.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Appliances: Electric Range, Refrigerator

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier, Slab
  • Roof: Composition
  • Construction Materials: Block, Wood

Garage/Parking

  • Cooling System: Central Air, Electric, Window Unit(s)
  • Number Of Parking Spaces: 8
  • Parking Features: None, Open
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: All Weather Road, City Sewer, City Water, Individual Water Meter

Condo/Co-op/Association

  • Complex Name: TBDUPLEX
  • Association Type: None

Schools

  • School District: Tom Bean ISD
  • Elementary School: Tom Bean
  • High School: Tom Bean

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.6400
  • Parcel Number: 152977
  • Lot Size Acres: 0.6400
  • Lot Size Sq Ft: 27878.4000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1960
  • Units Total: 3

Multi Family

  • Gross Annual Expenses: 3476.00
  • Gross Annual Income: 22200.00
  • Insurance Expense: 1200
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 3476

MLS Schools

  • MiddleOrJuniorSchool: Tom Bean
  • Middle School Name: Tom Bean
  • Elementary School Name: Tom Bean
  • High School Name: Tom Bean

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2022
Sold by
Bought by
Current Estimated Value
$354,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
0.0566%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2022
Closed on
Jul 5, 2022
Sold by
Bought by
Seller's Agent
Ben Vincent
Vincent Realty Group
Buyer's Agent
Taylor Lokey
Scott Brown Properties, Inc
List Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.31%
Original Mortgage
$185,000
Interest Rate
0.0578%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Spartan Title
-- Red River Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $183,739
Closed $176,250
Previous Owner $185,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold -- -- --
06/10/2022 06/10/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $199,900 0.0% $74 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/09/2022 05/09/22 Price Changed $199,900 -9.1% $74 / Sq Ft
03/25/2022 03/25/22 For Sale $220,000 0.0% $81 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $220,000 0.0% $81 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $220,000 -- $81 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,109 $342,158 $26,181 $315,977
2024 $5,109 $262,675 $26,181 $236,494
2023 $4,377 $233,174 $24,991 $208,183
2022 $3,985 $195,467 $24,812 $170,655
2021 $3,604 $160,000 $20,630 $139,370
2020 $3,860 $160,000 $20,630 $139,370
2019 $2,746 $110,888 $12,266 $98,622
2018 $2,465 $98,632 $12,266 $86,366
2017 $2,487 $97,867 $12,266 $85,601
2016 $2,514 $98,928 $12,266 $86,662
2015 $0 $68,601 $12,266 $56,335
2014 -- $68,601 $12,266 $56,335
Source: Public Records

Agents Affiliated with this Home

  • Ben Vincent

    Seller's Agent in 2022

    Ben Vincent

    Vincent Realty Group

    (903) 818-1824

    3 in this area

    36 Total Sales

    Ben Vincent
    Section Image
  • Nancy Vincent

    Seller Co-Listing Agent in 2022

    Nancy Vincent

    Vincent Realty Group

    (903) 821-5789

    2 in this area

    56 Total Sales

    Nancy Vincent
    Section Image

  • T

    Buyer's Agent in 2022

    Taylor Lokey

    Scott Brown Properties, Inc

    (940) 243-7638

    120 Total Sales

    Taylor Lokey
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14738082

North Texas Real Estate Information Systems (NTREIS)

APN: 152977

Texas Grayson County Tom Bean

611 Texas 11, Tom Bean, TX

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North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

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