Tom Bean Homes under $500,000

Tom Bean Homes under $500,000

Welcome to Tom Bean, Texas—a hidden gem nestled in the heart of Grayson County! This charming small town offers a delightful blend of rural tranquility and vibrant community spirit, making it an ideal place to call home. With a population of just over 1,000 residents, Tom Bean boasts a close-knit atmosphere where neighbors become friends and local businesses thrive.

One of the standout features of Tom Bean is its affordability. For homebuyers seeking a slice of Texas charm without breaking the bank, you’ll be pleased to discover a variety of homes available for under $500,000. Whether you’re looking for a cozy single-family home, a spacious ranch-style property, or a modern build, Tom Bean has something to suit every taste and budget. The housing market here is diverse, offering options that reflect the town’s unique character and appeal.

In addition to its attractive real estate options, Tom Bean is conveniently located just a short drive from larger cities like Sherman and Denison, providing easy access to shopping, dining, and entertainment. The town is also surrounded by beautiful landscapes, perfect for outdoor enthusiasts who enjoy hiking, fishing, and exploring nature.

With its friendly atmosphere, affordable homes, and proximity to urban amenities, Tom Bean is an excellent choice for families, retirees, and anyone looking to enjoy a peaceful lifestyle in Texas. Come explore all that this charming town has to offer, and find your perfect home today!

Newest Tom Bean Homes under $500,000

301 N Lyon St, Tom Bean
$410,000
3 Beds ⋅ 3 Baths ⋅ 21408504 MLS
Discover the charm and possibilities of this spacious 3-bedroom, 3-bath, two-story home in Tom Bean, Texas! Offering 2,742 square feet, two separate living areas, and a versatile flex room, this home provides plenty of room to fit your lifestyle, whether you need space to entertain, work from home, enjoy hobbies, or simply spread out. Inside you’ll find beautiful hand scraped hardwood floors, an updated kitchen, breakfast bar, and a bay window in the dining area with built in cabinetry that brings in natural light and adds character. Step outside to enjoy just under 1.4 acres shaded by mature trees, a covered patio perfect for relaxing or gathering with friends, and plenty of room to make the outdoor space your own. The property also features an oversized detached garage, a separate storage shed, dedicated RV parking, and a permanent basketball goal in the driveway. Priced at $410,000, with $10,000 in seller concessions available with an acceptable offer, this property offers an exciting opportunity to enjoy extra space, everyday functionality, and the relaxed feel of small-town living. Come see all the possibilities waiting for you in Tom Bean!

301 N Lyon St, Tom Bean
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
110 Bois D Arc St, Tom Bean
$489,000
4 Beds ⋅ 3 Baths ⋅ 21345690 MLS
Welcome to 110 Bois D Arc! This sprawling brick ranch home on just under 4 acres as been well-maintained and is ready for new owners to call it home. Escape to your own country retreat nestled in the heart of Tom Bean, TX, located just 15 minutes from Texas Instruments, Global Wafers, and other technological manufacturing facilities in Sherman, TX. With its peaceful setting, spacious living spaces, flexible floorplan, and 3.95 acres to roam on, this property is perfect for multi-generational living, remote working, or the DIY homesteader's dream! Walking up the stone pathway, step inside to a bright and open foyer leading large living spaces. Just off the entry, you will find a multi-purpose second living area which could easily be utilized as an office, play room, or hobby room, featuring a large bay window that allows for plenty of natural sunlight. On the opposite side, a bright, spacious dining area with matching bay window leads into the kitchen. Kitchen features a plethora of built-in cabinets, granite countertops, and adjacent breakfast nook overlooking the large lanai - a multi-purpose room for exercise or gatherings. A formal living area centers the house, and features a large built-in desk with shelving, and vintage brick wood burning fireplace. The east wing leads to two bedrooms with large full bathroom, and primary bedroom with ensuite full bath featuring separate shower area, double vanities, and walk-in closets. The north wing leads to a separate bedroom, full bathroom, spacious laundry area, and entrance to the two-car garage with extended 2-car carport. The backyard is fenced and set up for gardens, animals, and opens up to additional space to roam, play, and explore. Property features several mature bois d'arc trees, as well as mature fruit trees and vegetable gardens. Additional feautres include 16x16 metal workshop with electric, storage sheds, poultry coop, & RV carport with electric & lighting. This property truly has it all!

110 Bois D Arc St, Tom Bean
533-535 E Ball St, Tom Bean
$375,000
6 Beds ⋅ 6 Baths ⋅ 21347741 MLS
UNFINISHED DUPLEX in growing community of Tom Bean Tx in Grayson County. Located minutes from the high growth area of Sherman. This property offers each side being a 3br 2.5 bath unit at 1655sf and leases for $1550 per side when complete. Builder must sell either AS IS at current asking price or can be finished out for an additional cost to the Buyer. Interior pics coming soon of current state of construction along with finished out pics from previous completed units for completed reference.

533-535 E Ball St, Tom Bean
402 Jones St, Tom Bean
$260,000
2 Beds ⋅ 2 Baths ⋅ 21330971 MLS
Enjoy peaceful country living with room to spread out on this charming 2-bedroom, 2-bath home situated on 1.3 acres in the desirable Tom Bean ISD. Inside, you'll find a bright, functional kitchen featuring beautiful quartz countertops and recessed lighting, creating a modern space that's perfect for everyday living and entertaining. The home is equipped with efficient mini-split climate control, allowing for personalized comfort throughout the year. Outside, the possibilities are endless. Three covered carports provide ample space for vehicles, boats, ATVs, or other recreational equipment, while two additional storage buildings offer plenty of room for tools, hobbies, or workshop space. As an added bonus, the seller is offering an $800 allowance toward a new dishwasher, giving the new owner the opportunity to select the model of their choice. Whether you're looking for a peaceful retreat, extra storage for your outdoor toys, or a property with room to grow, this one checks all the boxes. Don't miss your opportunity to enjoy country living with the convenience of Tom Bean schools!

402 Jones St, Tom Bean
109 S Shaw St, Tom Bean
$265,000
3 Beds ⋅ 2 Baths ⋅ 21328653 MLS
Beautiful 3 bed, 2 bath home full of small-town country charm. Enjoy a spacious backyard perfect for kids and four-legged friends. Inside, you’ll find ceramic tile flooring throughout. The kitchen features a new workstation sink with pull-down and two-filtered water faucet, cutting board, and roll-out drying rack. The kitchen also features tile countertops and abundant cabinet space. Refrigerator, Dishwasher, new stove (with built-in air fryer, smart functions and app controls) and new microwave are included. The primary bedroom offers a generous walk-in closet plus an en-suite bathroom with separate vanities and dual sinks. The roof is new on both the house and shed, installed June 2026. If you’re seeking peace and quiet, excellent small-town schools and a convenient location, this could be the perfect fit. Schedule your showing today. (Room sizes are estimates)

109 S Shaw St, Tom Bean
406 E Bonham St, Tom Bean
$490,000
6 Beds ⋅ 6 Baths ⋅ 21328817 MLS
INCOME PRODUCING PROPERTY-FULLY TENANT OCCUPIED. BEAUTIFUL NEW CONSTRUCTION DUPLEX IN TOM BEAN, GRAYSON COUNTY. Each unit is large in size at 1655sf with open kitchen, custom tile backsplash and granite countertops throughout, an abundance of natural light, large inside storage, walk-in laundry room with custom cabinets also throughout as well. All bedrooms upstairs with walk in closets, additional storage closets and two full baths complete with custom tile showers. Half bath downstairs separate from utility and handy for guests. Large privacy fenced backyard and large front concrete driveway for parking divided for each unit use. Located in a quiet neighborhood and walking distance to the community playground park and with parent assistance to the Elementary School. Appointments to show must be made prior to showing with each tenant's approval. Both units are secured with executed tenant lease in place and must be honored upon sale of property.

406 E Bonham St, Tom Bean
106 N Lackey St, Tom Bean
$274,999
3 Beds ⋅ 2 Baths ⋅ 21307524 MLS
Enjoy the peace of mind that comes with this just completed home in the heart of Tom Bean! This beautifully built 3-bedroom, 2-bath home offers 1,521 square feet of thoughtfully designed living space with an open-concept layout ideal for everyday living and entertaining. Built for both efficiency and durability, the home features a full brick exterior and is fully foam insulated to help maximize comfort and energy savings year-round. Conveniently located in town, you'll appreciate being just minutes from Tom Bean schools with easy access to Hwy 11 and FM 902. Whether you're buying your first home, downsizing, or simply looking for low-maintenance living, this move-in ready home offers the perfect blend of quality construction and small-town charm.

106 N Lackey St, Tom Bean
209 W Bonham St, Tom Bean
$274,999
3 Beds ⋅ 2 Baths ⋅ 21307587 MLS
Experience the benefits of this just completed construction with this attractive 3-bedroom, 2-bath home offering 1,521 square feet of comfortable living space. Featuring a timeless full brick exterior and fully foam insulated construction, this home was designed with energy efficiency and lasting quality in mind. Inside, you'll find an inviting open floor plan with modern finishes and a layout that fits today's lifestyle. Situated in the heart of Tom Bean, the property provides close proximity to local schools and convenient access to Hwy 11 and FM 902. Enjoy the ease of low-maintenance living and be among the first to call this beautiful home your own. Schedule your showing today!

209 W Bonham St, Tom Bean
109 Vaughn Meadows Dr, Tom Bean
$310,000
3 Beds ⋅ 2 Baths ⋅ 21240749 MLS
109 Vaughn Meadows — Tom Bean, TX PRICE IMPROVEMENT — Motivated Seller! Step into a home that feels as good as it looks. From the moment you walk through the door, soaring ceilings in the living room create an airy, open atmosphere that instantly elevates everyday living — a true showpiece for gathering, relaxing, or simply enjoying the light-filled space. This home is offered in truly pristine condition, move-in ready with recent upgrades that offer real peace of mind: a brand-new roof and window screens (August 2026), a freshly restained fence, and a like-new refrigerator (under a year old) that conveys with the property. Every detail has been thoughtfully maintained so you can settle in without a to-do list. Enjoy the freedom of no HOA, giving you flexibility and fewer restrictions on how you live and use your property. Tucked into the charm of Tom Bean, this home offers that sought-after small-town feel with the warmth of a close-knit community — front-porch waves, quiet streets, and a slower pace that's increasingly hard to find. Yet convenience is never far away, with an easy 15-minute commute to Sherman, putting shopping, dining, and everyday errands well within reach. With its recent price improvement, this is a rare opportunity to own a beautifully updated home in a welcoming community — without the wait. Schedule your showing today and see why 109 Vaughn Meadows is ready to welcome its next owner.

109 Vaughn Meadows Dr, Tom Bean
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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.

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