Grayson County Homes under $250,000

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 St, Whitewright

$150,000

4 Beds ⋅ 3 Baths ⋅ 21408897 MLS

BRING YOUR LADDERS, PAINT BRUSHES, HAMMER AND NAILS, for this one. Priced according to condition of home. It is a Diamond in the ruff. Spacious four bedrooms, two and a half baths, living room, formal dining room, breakfast room, utility room, sunroom. Zoned CH&A. Separate two car garage. Fenced backyard. A tree fell on the home this past spring. Seller does not have insurance to cover repairs. Located just off Highway 75. Close to downtown Sherman. Easy access to Churchs, Schools, Parks, Restaurants, Shopping, City Swimming Pool, Banks and so much more.

900 W Washington St, Sherman

$162,500

2 Beds ⋅ 1 Baths ⋅ 21408852 MLS

2 BR - 1 Ba, Cute, Cozy Cottage Style home on large DOUBLE LOT in a desirable area of Northwest Denison. This property is located in a quite mature neighborhood convenient to all of the in-town merchants of necessities from Grocery, CVS, Take Out and easy delivery if needs are required or desired and offers ample living space in a smaller floorplan. Living room, large open eat in kitchen, 2 bedrooms and full bathroom along with a full-size utility room off kitchen with exit access to the back patio deck and backyard. Front yard offers flower bed framed, concrete front patio with porch entry cover that welcomes you home to this Cute, Cozy Cottage Style home on a Large Double Lot! Motivated Seller. Please see showing instructions due to current pets. Interior Pics Coming Soon.

2819 W Elm St, Denison

$125,000

3 Beds ⋅ 1 Baths ⋅ 21408533 MLS

Charming 3-Bedroom Home Across from Ely Park in Sherman! Location, convenience, and comfort come together in this inviting 3-bedroom, 1-bath home in the heart of Sherman, Texas! Featuring a welcoming eat-in kitchen and a functional floor plan, this property offers a wonderful opportunity for homeowners or investors alike. Situated directly across the street from Ely Park, you'll enjoy easy access to outdoor recreation and green space just steps from your front door. Conveniently located near shopping, dining, schools, and everything Sherman has to offer. Whether you're purchasing your first home, downsizing, or expanding your investment portfolio, this property is full of possibilities. Come discover the convenience of living close to it all!

319 W Moore St, Sherman

$225,000

3 Beds ⋅ 2 Baths ⋅ 21408593 MLS

Space, privacy and convenience on a 2-acre corner lot just outside Denison city limits. You get the open feel of country living while still being close to shopping, dining and everyday conveniences. Two full acres give you room for a garden, a shop, outbuildings, animals, RV and boat parking, or simply open space and quiet evenings outdoors. The corner lot adds easy access and visibility. The 3 bedroom, 2 bathroom home has been cherished by it's owners and is move in ready with room to update and make it your own. Refrigerator, washer and dryer stay! Water supplied by private well. Schedule your showing today.

3111 Preston Rd, Denison

$210,999

3 Beds ⋅ 2 Baths ⋅ 21408397 MLS

New Construction Lennar Houston Home - The Idlewood Floor Plan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining, along with access to an outdoor space. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, ideal for household members and overnight guests. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

3921 Superior Pl, Sherman

$233,359

3 Beds ⋅ 2 Baths ⋅ 21408559 MLS

New Construction Lennar Houston Home - The Idlewood Floor Plan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining, along with access to an outdoor space. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, ideal for household members and overnight guests. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

3811 Superior Pl, Sherman

$218,999

3 Beds ⋅ 2 Baths ⋅ 21408545 MLS

New Construction Lennar Home - The Oakridge Floor Plan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining during gatherings. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms along the side of the home, which are ideal for household members and hosting overnight guests. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

3920 Eufaula Dr, Sherman

$242,999

4 Beds ⋅ 2 Baths ⋅ 21408546 MLS

New Construction Lennar Home - The Pinehollow Floor Plan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

3929 Superior Pl, Sherman

$233,999

3 Beds ⋅ 2 Baths ⋅ 21408542 MLS

New Construction Lennar Home - The Kitson Floor Plan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining during gatherings. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

3916 Eufaula Dr, Sherman

$216,359

3 Beds ⋅ 2 Baths ⋅ 21408422 MLS

New Construction Lennar Home - The Kitson Floor Plan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining during gatherings. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

1509 Prince Rd, Howe

$197,000

3 Beds ⋅ 2 Baths ⋅ 21408495 MLS

Step into a piece of Sherman's prestigious history with this exceptional 3-2 home, meticulously maintained by a single family since its construction in the 1940's. A rarity in today's market, this property has only had two owners, standing as a testament to it's enduring quality. Nestled on a street named after its original owners, this residence exudes elegance with its original hardwood floors, two generous living areas, a striking fireplace, abundant windows, a garage, carport, and a charming covered front porch. While awaiting modern updates, this home presents a blank canvas for your discerning touch. Contact your trusted real estate agent now to explore the unmatched potential of this distinguished property. Room measurements to be confirmed by the buyer and buyer's agent. This home is for True investors who see its possibilities and location. The seller has started the cleanup and its ready for updates.

1420 N Shannon St, Sherman

Grayson County Homes under $250,000

Newest Grayson County Homes under $250,000