Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    1

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Fireplace(s), Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Storage

  • Parking

    Carport

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Wooded, Few Trees, Interior Lot, Level, Landscaped

  • Lot Size(acres)

    0.163

  • Lot Size(square feet)

    7100.28

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Craftsman

Price

  • Sales Price

    $94,900

  • Tax Amount

    $1,221

  • Sq. Footage

    1, 233

  • Price/SqFt

    $76

HOA

  • Association

    No

School District

  • Elementary School

    Whitewright

  • Middle School

    Whitewright

  • High School

    Whitewright

Property Features

  • Foundation Details

    Pillar/Post/Pier

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    5

  • Water Source

    Public

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Location

County

Grayson

Elementary School

Whitewright

Middle School

Whitewright

High School

Whitewright

Listing Courtesy of Dana Worth , Russell Realty

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ATTENTION INVESTORS, FLIPPERS, AND BUILDERS: This is the math-making project you have been waiting for in Whitewright. Priced aggressively at $94,900, this package includes a 1,233-square-foot historic 1910 cottage PLUS an adjacent 0.163-acre buildable lot with its own parcel ID (0.326 acres total). This property is being sold strictly AS-IS and is a prime candidate for a full cosmetic and systems overhaul. Whether you are looking for your next fix-and-flip, a long-term rental hold, or a multi-phase development project, the margins and exit strategies here are undeniable.

The existing home features classic Texas cottage bones with a covered front porch, an attached carport, and a spacious layout that includes a converted great room with an original fireplace mantle. The interior currently features vintage wood paneling, a large eat-in kitchen footprint, and a combined utility and bathroom space that is ripe for reconfiguration. The property requires significant TLC, including roof evaluation, ceiling repairs, kitchen and bath gutting, and flooring, making it ideal for a seasoned contractor or cash buyer ready to get their hands dirty.

The true X-factor is the extra lot. You have the flexibility to renovate the existing structure and sell the package, hold the home as a rental while building new construction next door, or split the parcels to maximize your return on investment. The property is connected to city water and sewer. Located just blocks from downtown Whitewright and local schools, the location offers strong resale or rental demand once completed.

Do the math - With recent renovated sales in Whitewright pushing well past $150 per sq ft, the ARV potential on the existing home alone leaves plenty of meat on the bone, let alone the value of the vacant lot. Cash or conventional financing only. No blind offers. Bring your contractor, run your numbers, and submit your highest and best. This investor special will not last long at this price point.

307 W Spruce Street

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Fantastic opportunity for a savvy homeowner or investor!  This charming 3 bedroom, 2 bath home is ready for its next chapter at a great price. It has great bones, beautiful natural lighting, and sits on pier and beam foundation. It's perfectly situated in a desired established neighborhood in a highly sought after school district, just minutes from downtown. This home is looking for a buyer to bring their TLC and vision to refresh its aesthetics. Bring your vision! Sold As-Is! Don't miss this opportunity to be a part of this beautiful community! Schedule your showing today and unlock its true potential!
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