Franklin (Tx) County Homes under $500,000

Welcome to Franklin County, Texas, a hidden gem that perfectly balances small-town charm with modern conveniences. Nestled in the heart of East Texas, Franklin County is renowned for its picturesque landscapes, rich history, and a welcoming community that embraces both newcomers and long-time residents. With its serene lakes, rolling hills, and lush forests, this area offers a tranquil escape from the hustle and bustle of city life.

For those seeking an affordable yet delightful place to call home, Franklin County boasts a fantastic selection of homes priced under $500,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of options that cater to diverse tastes and lifestyles. From cozy cottages with charming front porches to spacious family homes with modern amenities, there’s something for everyone in this vibrant community.

Franklin County is not just about beautiful homes; it also offers a wealth of recreational opportunities. Spend your weekends fishing or boating on Lake Cypress Springs, explore the scenic trails for hiking and biking, or enjoy community events that foster a strong sense of belonging. With excellent schools, friendly neighbors, and a low cost of living, it’s no wonder that Franklin County is an attractive destination for homebuyers.

Discover your dream home in Franklin County today, where affordability meets quality living, and experience the warmth of a community that feels like family. Come and see why so many are choosing to make Franklin County their forever home!

Newest Franklin (Tx) County Homes under $500,000

$265,900

3 Beds ⋅ 2 Baths ⋅ 21414427 MLS

BRAND-NEW HOME ON 5.21 ACRES — WITH BUYER INCENTIVES THAT MAKE THIS ONE HARD TO PASS UP! A BEAUTIFUL NEW HOME. YOUR OWN LAND. A SMARTER WAY TO BUY! Imagine coming home to a beautiful, brand-new home surrounded by 5.21 acres of peaceful Northeast Texas countryside! This 3-bedroom, 2-bath home offers the comfort and appeal of new construction, a fresh start, and a place to truly call your own. Whether you're enjoying a quiet morning on the front deck, entertaining friends and family, or simply taking in the open space around you, this property offers the country lifestyle so many buyers are searching for! Conveniently located approximately 9 miles from both Mount Vernon and Bogata, this Franklin County property offers the best of country living while keeping you close to nearby communities. And the exterior is just as inviting! A horseshoe driveway welcomes you home, while the 20x20 carport provides convenient covered parking. TWO spacious 8x10 decks, one at the front and one at the back, give you room to relax and enjoy the outdoors. Partial sod in the front and backyard adds a finishing touch to this beautiful country setting. MORE THAN JUST A NEW HOME — IT'S A COMPLETE PACKAGE! Included with the property are a brand-new survey, seller-provided engineered foundation report, home warranty, and TWO-YEAR septic maintenance plan! AND HERE'S THE BEST PART — SELLER-PAID CLOSING COSTS! Qualified buyers financing through a seller-approved lender WILL RECEIVE seller-paid assistance toward allowable closing costs, up to a seller-approved amount, subject to lender guidelines and the terms of an acceptable offer. Our goal is simple: help make owning a brand-new home on acreage more attainable without overwhelming buyers with upfront expenses! AN INCREDIBLE OPPORTUNITY! Come experience the home, explore the property, and see just how affordable your next chapter could be. SCHEDULE YOUR SHOWING TODAY!

1922 County Rd Nw, Talco

$399,900

3 Beds ⋅ 2 Baths ⋅ 21408019 MLS

Welcome to East Texas living on approximately 2.08 acres in Franklin County! Located within Mount Vernon ISD and less than 10 minutes from Lake Cypress Springs public boat ramp and less than 20 minutes from Lake Bob Sandlin! Short commute of 30 minutes to Mount Pleasant or Sulphur Springs and just 20 minutes from Winnsboro! This 3 bedroom, 2 bath home with over 2000 square feet of living space offers a functional blend of comfort and country living with numerous updates throughout. Fresh interior paint, granite kitchen countertops, crown molding, updated fixtures, and an updated ROOF and HVAC system (2017) add to this home's appeal. Fiber Optic Internet provides excellent connectivity for today's lifestyle or working from home! The floor plan offers two living areas, or the option to use one as a spacious formal dining area, with plenty of room for family gatherings or entertaining. Step onto the oversized covered back patio to take in the privacy and tranquility of the property. A standout feature is the workshop complete with a fully finished heated and cooled space that can function as a craft room, at home office, or even a private guest room! This space also offers protected tool and equipment storage or extra covered parking! Property has a brand new survey and is deed restricted but does not have an HOA. CALL today to schedule your private showing!

257 Se County Road 4280, Mount Vernon

$205,000

2 Beds ⋅ 1 Baths ⋅ 21405106 MLS

This beautifully maintained 2-bedroom, 1-bath home has been cared for with love and pride for years. Thoughtfully renovated throughout, it offers modern comfort while preserving its warm, welcoming character. Inside, you’ll find bright, inviting living spaces with fresh updates, a functional kitchen, and comfortable bedrooms. Every detail reflects the care the owners have poured into this home from the quality finishes to the thoughtful improvements that make daily living a pleasure. Outside, the generous half-acre lot provides plenty of room to breathe, play, and entertain. Enjoy peaceful mornings on the porch or create your own backyard oasis. A spacious storage building in the back offers excellent workshop, hobby, or extra storage space. Whether you’re a first-time buyer, looking to downsize, or seeking a peaceful retreat with room to grow, this lovingly updated home is ready for its next chapter. Don’t miss your chance to own this gem!

508 Fleming St, Mount Vernon

$199,999

3 Beds ⋅ 2 Baths ⋅ 21404186 MLS

Classic charm meets thoughtful updates in this 3-bedroom, 1.5-bath Winnsboro home offering 1,306 square feet of inviting living space! Located in an established neighborhood just west of downtown, this home combines the character of an older home with several significant recent improvements. Inside, beautiful refinished hardwood floors flow through much of the home, while spacious living and dining areas provide plenty of room to gather. The kitchen offers abundant cabinetry, updated countertops and finishes, a breakfast bar, and plenty of workspace. A brick fireplace adds even more warmth and character. The seller has invested in several major improvements, including a new roof in 2024, recent house leveling and replacement of floor joists, replacement of drain lines beneath the home, updated plumbing under the kitchen sink, and additional attic insulation added in 2026. The ceilings, carport, and walls have also been freshly painted, with additional updates made to the kitchen and bathrooms. Outside, mature trees give the property an established feel, while the large fenced backyard provides plenty of room for pets, gardening, entertaining, or weekend BBQs with family and friends. Conveniently located between Hwy 11 and Pine Street, you're just minutes from historic downtown Winnsboro and its locally owned shops, restaurants, Farmers' Market, and Winnsboro Center for the Arts. With classic character, generous outdoor space, and many of the big-ticket improvements already completed, this Winnsboro home is ready for its next chapter!

514 Mcmillan Dr, Winnsboro

$475,000

3 Beds ⋅ 2 Baths ⋅ 21400570 MLS

RARE SHORT-TERM RENTAL OPPORTUNITY, TURN-KEY LAKEFRONT CHALET, LAKE CYPRESS SPRINGS Discover a premier investment or personal retreat in the highly coveted Barker Creek subdivision—one of the few neighborhoods on Lake Cypress Springs that permits Airbnb and VRBO short-term rentals. This 3-bedroom, 2-bath lakefront chalet was beautifully updated in 2021 and is being offered fully furnished for a seamless transition. THE RESIDENCE: The interior features a stunning open-concept kitchen with rich wooden ceilings, crisp light-colored walls, and modern stainless steel appliances. The layout flows effortlessly into the living and dining areas, perfect for entertaining. The primary ensuite is conveniently located on the main floor, while two additional guest bedrooms and a full bath occupy the second level. Outside, a generous deck nestled among towering hardwoods leads down a gentle slope directly to the water’s edge for easy lake access. THE INVESTMENT: Looking to grow your portfolio? The owners are also selling their property just two doors down—an incredible opportunity to own two side-by-side, income-producing lake homes! The HOA provides a truly carefree lifestyle, covering yard, dock, and tree maintenance, gate security, weekly trash pickup, and grounds insurance. COMMUNITY AMENITIES: Barker Creek offers a private beach, boat slips, fire pits, and expansive entertainment spaces. Located within an easy drive of Dallas, this is the perfect balance of convenience and lakeside serenity. Don’t miss this rare chance to build equity in one of the most investor-friendly pockets of East Texas! **Barker Creek is currently redoing all boat slips. Each cabin will receive a brand-new boat slip upon completion.**

104 E Barker Creek Dr, Scroggins

$315,000

4 Beds ⋅ 2 Baths ⋅ 21399019 MLS

Neat, solid 4-bedroom, 2-bath brick home with 2-car carport on about 1.38 acres, just over a mile from Mt. Vernon. This home features a split bedroom arrangement with the main suite on one side of the house and the other three bedrooms and a full bath on the other side. The vaulted great room has a wood-burning fireplace. A spacious dining area can accommodate a large table and is positioned just off the kitchen. The kitchen has lots of cabinet and counter space and includes an island. Appliances include an electric cooktop, double ovens a dishwasher and fridge. The utility room sits just behind the kitchen, and an adjacent outside door opens onto the carport. The back yard is surrounded by a privacy fence and also contains a metal 8x16 storage building.

26 County Road 2045, Mount Vernon

$419,000

3 Beds ⋅ 3 Baths ⋅ 21393460 MLS

Welcome to 150 County Rd NE 2045 in Mt Vernon! Situated on a generous 1.829-acre lot. This spacious 2,826 sq ft home combines peace, privacy, and modern updates. The functional floor plan offers 3 bedrooms, 2.5 bathrooms, a dedicated office, and a large upstairs bonus - game room. Enjoy recent upgrades completed within the last year or two, including a complete HVAC replacement, fresh interior paint, some new flooring, and all new kitchen appliances. Step outside to relaxing outdoor spaces with a covered front porch and an expansive covered back porch overlooking the huge, privacy-fenced backyard. Complete with an oversized 2-car garage. Located within a few miles of the historic downtown with easy access to HWY 67. Schedule your showing today!

150 County Rd Nw, Mount Vernon

$489,000

2 Beds ⋅ 2 Baths ⋅ 21393191 MLS

Cast a line right from your own backyard! Set on 6.25 acres just minutes from Lake Cypress Springs, this unique barndominium offers a stocked pond with a fishing pier and fountain—perfect for peaceful mornings on the porch or an afternoon of fishing. Inside, the home features 2 bedrooms, 2 baths, dedicated office space, 2 living areas and 2 fireplaces and all appliances convey. A tiny guest home provides additional space for visitors, hobbies or a private retreat. Outside, you’ll find an attached garage, RV carport, additional carport, 25x30 shop, fruit trees and established garden areas. A rare country property where recreation, versatility and everyday living come together—all just outside Mount Vernon.

1562 Se County Road 4115, Mount Vernon

$499,900

8 Beds ⋅ 5 Baths ⋅ 21387955 MLS

Motivated Seller Bring all offers This home has so much potential, the right person could turn this into a showplace Fenced, apond, granite throughout, custom cabinetry, workshop, 3 bay garage plus some and the best part is it is basically two homesin one! A total of 8 bedrooms, 5 bathrooms make up the span of this property. A few of the bedrooms are over the garage witha kitchenette, plus as part of the make up of the bedroom mix, there is a secondary primary suite, a mother in law suite, ormulti generational living quarters, call it what you want! It has its own entry from inside the garage and a huge closet with largewalk in shower. This is a highly functioning home with spaces for all! Not to mention the front area and back area haveexpansive covered porches. So lets think on this another way, what if the new buyer purchased the home and had permissionfrom the city to turn this into a commercial area and make this a fishing lodge, reunion area, rental as Airbnb, horse propertyfor riding lessons, rodeo arena or horse training with living quarters; should I keep going with ideas? What would you want it tobe? Can you picture in your mind the endless possibilities, I sure can! Call your favorite agent or call myself to set up anappointment for a tour!

194 County Road 2220, Talco

$107,100

2 Beds ⋅ 2 Baths ⋅ 21374589 MLS

This property features a one-story brick home on a large lot, an attached carport, and a covered patio. The home has three living areas with a large dining room. Good location in established neighborhood near the downtown area. The huge lot features a large backyard with partial fencing and various landscaping. The home has central heat and air and a metal roof. The home needs some TLC, however, the price reflects this.

402 Keith St, Mount Vernon

$355,000

3 Beds ⋅ 2 Baths ⋅ 21272883 MLS

3 BEDROOM, 2 BATH, 2 Car Garage Lake Cypress Springs Home for Sale Peaceful East Texas Lake Living Located in the highly sought-after Kings Country community near beautiful Lake Cypress Springs. Situated on 0.42 wooded acres, this beautifully designed 3-bedroom, 2-bath home with an oversized 2-car garage and workshop space offers the perfect combination of beauty, comfort, functionality, and energy efficiency. Inside, the 1,602 sq ft open-concept floor plan showcases soaring ceilings, abundant natural light, and a stunning floor-to-ceiling stone fireplace that anchors the spacious living area. The kitchen features granite countertops, a farmhouse sink, skylight, ample cabinetry, and matching stainless steel appliances, creating a bright, functional space ideal for entertaining and everyday living. Built with comfort and efficiency in mind, this home includes foam insulation, Low-E double-pane windows, insulated exterior doors, and storm doors, enhancing year-round comfort while improving energy efficiency without sacrificing style or functionality. Outdoor living shines with an oversized covered back patio overlooking the peaceful, wooded setting, perfect for relaxing, entertaining, or enjoying the natural beauty of East Texas. Additional highlights include a stamped concrete driveway, epoxy garage flooring and workshop area. There are many upgrades. Residents of Kings Country enjoy gated entry, a private boat ramp with access to Lake Cypress Springs, private parks, 3 more private lakes, picnic areas, fishing piers, and a clubhouse-style atmosphere with brand-new pickleball courts that create a true East Texas lake community lifestyle. Located in a Lake Cypress Springs subdivision, this property provides convenient access to some of East Texas' premier boating, fishing, watersports, waterfront dining, and year-round outdoor recreation.

733 King Arthur Ct, Scroggins

$129,000

2 Beds ⋅ 1 Baths ⋅ 21346714 MLS

Cozy & Quaint in Historic Winnsboro, Texas! This charming 2BR-1BA home is ideal for first time buyers, investors, retirees, or anyone seeking affordable small town living. Move-in ready, it features a spacious living area, two large bedrooms, a generous kitchen, and a washer & dryer that convey. A bonus room and additional bathroom are ready for finishing, offering great potential to add value and extra living space. Approximately 90% of the home has been remodeled from foundation to roof, blending modern updates with classic charm. Located on a large city lot in a quiet neighborhood. The home is within walking distance of historic downtown Winnsboro, featuring shopping, dining, entertainment, and a popular farmers market. The area also offers excellent schools, a local hospital, and is just minutes from Sulphur Springs, Mount Pleasant and Northeast Texas lakes. Priced to sell - schedule your private showing today!

917 Sherrill St, Winnsboro

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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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Franklin (Tx) County Homes under $500,000

Newest Franklin (Tx) County Homes under $500,000

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