Tom Bean, Texas

Tom Bean, Texas
July 20, 2021 Mark MacFarlane at OutFactors.com

We Pay Cash for Houses in Tom Bean, Texas

Sell Your Home in Tom Bean for the HIGHEST Cash Price

We Will Pay You Cash for Your House in Tom Bean, TX

Are you ready to sell your home in Tom Bean for cash today? We’re prepared to buy it. Get a cash offer on house today and in 10 days or less, you could close on your home and receive fast cash for your house. Ready to sell but not ready to move?  We offer a short and long-term leaseback option. You can lease your current residence back from us for as long as you want.

Just answer 4 simple questions to get your fast and free cash offer on your house. We are the cash for homes buyer that makes selling a home as-is easy!

3 Steps to sell Your House Fast for cash

Sell Your House Fast for Cash in Tom Bean, Texas!

If you are facing any of the following situations, OutFactors has the experience and cash for houses programs that can help you!

Stop Foreclosure
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Whatever situation you are facing, the people at OutFactors are here to help. We are super easy to talk to and will always treat you with dignity and respect. Contact OutFactors to sell your house quickly.

History of Tom Bean, Texas

Railroad Town to Growing Suburb

Tom Bean is a small but growing town an outer suburb of Dallas, Texas, on State Highway 11 and Farm roads 902 and 2729, about forty miles north of Dallas, six miles west of Whitewright, eight miles east of Howe, ten miles southeast of Sherman, and twenty-five miles south of the Red River in Grayson County.

The settlement began when fifty acres of land in southeastern Grayson County were donated by Thomas Bean, a wealthy landowner and surveyor from Bonham, Texas. The donated land was for a townsite and right of way for a Branch Railroad line that would run between Sherman and Commerce, Texas. Unfortunately, Thomas Bean passed away in 1887, one year before the arrival of the railroad and the development of his townsite named in his honor. Being bypassed by the railroad, the people and businesses in the neighboring community of Whitemound relocated to Tom Bean.  This included the Whitemound post office that was closed in 1888 and reopened in Tom Bean that same year. Two members of the Lackey family, W.H. Lackey, and H.A. Lackey opened the first general merchandise shop in the town.

The small community developed quickly which included the establishment of the Christ, Baptist, Presbyterian, and Methodist churches. The First United Methodist Church was originally established in the 1880s at Cedar Campground close to Whitemound. In 1906, the church structure was transferred to Tom Bean and burned down by a fire in 1924. Methodists started worshiping in Presbyterian Church, and a few years later, a windstorm demolished that church. By 1972, a new church building was constructed for use by the Methodists and Presbyterians.

By the late 1890s, Tom Bean was officially incorporated with Ice B. Reeves was elected as the town’s first mayor. At that time the town had a blacksmith shop, a cotton gin, a weekly publication called The Tom Bean Bulletin, a grocer, a school, and a post office. In 1891 a new two-story structure with a meeting hall was completed which replaced a one-room city school. By the year 1900, the population of Tom Bean has risen to over 290 people

In 1906, Tom Bean State Bank was established, and Dr. William Jackson was the chairman of the bank. The rail line and depot continued to fuel growth and Tom Bean became a regional business and transportation hub.  By the early 1920s, Tom Bean had 367 residents, several general stores, dry goods dealer, a furniture shop, a cotton gin, and numerous other businesses.

With the proliferation of the automobile and the development of paved roads the influence of the railroads waned. This change led to the migration of businesses and people to the larger cities of Dallas, Sherman, and Denison. By the 1950s, the community had eleven enterprises that provided services to 286 citizens. Over the next 20 years, the community of Tom Bean experienced slow but steady growth with the population increasing to 570 in the 1970s and increasing to 926 in the 1980s. The community had four enterprises operating in the town during the 1980s. The pattern of slow growth continued with the population increasing to over 820 inhabitants by 1990, 940 by the year 2000, and 1,045 residents by 2010.

Today, Tom Bean is a small but steadily growing city that covers 1.57 square miles and has over 1,080 residents who call Tom Bean their home.

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