514-516 Tx-11, Unit 514

Tom Bean, TX 75491

$375,000
Price
6
Beds
2,461 Sq. Ft.
$152 / Sq. Ft.
2,461
Sq. Ft.
$152
per Sq. Ft.

Description

3 bedrooms and 2 baths eadch side, Duplex. 514 at $1300 per month and 516 new lease at $1350. Nice honey oak cabinets, stainless steel appliances, ceramic tile in all areas except bedrooms that have laminate. Centrally located washer - dryer area. 514 has recent paint and new tenants.
518 and 520 Hwy 11 also available now.
3 bedrooms and 2 baths eadch side, Duplex. 514 at $1300 per month and 516 new lease at $1350. Nice honey oak cabinets, stainless steel appliances, ceramic tile in all areas except bedrooms that have laminate. Centrally located washer - dryer area. 514 has recent paint and new tenants.
518 and 520 Hwy 11 also available now.
  1. Listed by Bill Briggs • TREC #0465965 • W.R. BRIGGS REALTY CORP. • 903-482-9494

Property Details for 514-516 Tx-11, Unit 514

Subdivision Name
Lopez Add
Pool
No
Garage Spaces
0
Number Of Parking Spaces
0
LISTING UPDATED: 02/26/2025 08:35 AM

Property Details for 514-516 Tx-11, Unit 514

StatusPending
MLS #20747307
Days on Market121
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built2003
Lot Size0.33 AC / 14,418 SF
CountyGrayson County

Building Information for 514-516 Tx-11, Unit 514

Stories1Residences2Year Built2003Building Size-Lot Size0.33 AC / 14,418 SF

Property Information for 514-516 Tx-11, Unit 514

Summary
Location and General Information
  • Complex Name: Lopez
  • Directions: Hwy 11 through Tom Bean, use GPS.
  • Elementary School: Tom Bean
  • Elementary School Name: Tom Bean
  • High School: Tom Bean
  • High School Name: Tom Bean
  • Middle School: Tom Bean
  • Year Built Details: Preowned
  • School District: Tom Bean ISD
  • Geocode Confidence: High
  • Latitude: 33.52
  • Longitude: -96.48
  • State: Texas
Parking
  • Parking Features: Concrete, Driveway
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: LOPEZ ADDITION, LOT 1, ACRES .331
  • Association Type: None
  • Tax Lot: 1
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Laminate
  • Heating: Central
  • Interior Features: Other
  • Appliances: Dishwasher, Disposal, Electric Range
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Number Of Units Total: 2
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water, Co-op Electric
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.331
  • Lot Size Area: 0.331
  • Lot Size Units: Acres
  • Lot Size Square Feet: 14418.36
  • Multi Parcel ID: No
  • Parcel Number: 224632
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 5.92%
  • Gross Annual Expenses: $9,616
  • Gross Annual Income: $31,800
  • Insurance Expense: $2,000
  • Total Annual Expenses Include: Insurance, New Tax
  • Net Operation Income: $22,184.00
Unit 1
  • Approximate SQFT: 1230.0
  • Average Lease Amount: $1,300.00
  • Dining Area Length: 12.0
  • Dining Area Width: 7.0
  • Kitchen Length: 12.0
  • Kitchen Width: 11.0
  • Living Area Length: 18.0
  • Living Area Width: 13.0
  • Master Bed Length: 13.0
  • Master Bed Width: 13.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1231.0
  • Average Lease Amount: $1,350.00
  • Dining Area Length: 12.0
  • Dining Area Width: 7.0
  • Kitchen Length: 12.0
  • Kitchen Width: 11.0
  • Living Area Length: 18.0
  • Living Area Width: 13.0
  • Master Bed Length: 13.0
  • Master Bed Width: 13.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for 514-516 Tx-11, Unit 514

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 514-516 Tx-11, Unit 514

This home is within Tom Bean Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Tom Bean Elementary School
PublicPK to 5

Tom Bean Middle School
Public6 to 8

Tom Bean High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of W.R. BRIGGS REALTY CORP., Bill Briggs

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