Grayson County Homes under $400,000

Welcome to Grayson County, Texas, a hidden gem that perfectly blends small-town charm with modern conveniences. Nestled in the heart of North Texas, Grayson County boasts a rich history, stunning natural landscapes, and a vibrant community spirit. With its picturesque lakes, lush parks, and friendly neighborhoods, it's no wonder that families and individuals alike are flocking to this delightful region.

For those seeking an affordable yet comfortable living space, Grayson County offers a fantastic selection of homes priced under $400,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for a family-friendly environment, you’ll find a variety of options that fit your needs. From cozy bungalows to spacious family homes, the real estate market here is diverse and inviting.

Imagine waking up to the serene beauty of Lake Texoma, one of the largest reservoirs in the United States, where you can enjoy fishing, boating, and breathtaking sunsets. The county is also home to charming towns like Sherman and Denison, each with their own unique character, local shops, and dining experiences.

With excellent schools, community events, and a strong sense of belonging, Grayson County is more than just a place to live; it’s a place to thrive. Explore the possibilities of homeownership in this vibrant area, where you can enjoy the best of Texas living without breaking the bank. Your dream home in Grayson County awaits!

Newest Grayson County Homes under $400,000

$379,000

4 Beds ⋅ 3 Baths ⋅ 21408901 MLS

This spacious house sits on an extra-large lot in the heart of Van Alstyne. The home offers about 3,100 sq ft and features a beautiful pool and gazebo outdoor living area. This home has been well maintained and loved and is ready for a new buyer. The house has 3 living areas. One of them would also serve as a large dining room if needed. The primary bedroom has a large ensuite bath. The study is located at the front of the house. Upstairs, the home has 3 large bedrooms and a game room. This house has no carpet. This part of the neighborhood has natural gas. This house has a gas stove, gas-powered fireplace, gas water heaters, and gas heat. The backyard is beautifully landscaped. The yard has room for a play area. The extra-long driveway and attached garage located in the back of the house make parking easier for a family with several cars. The board-on-board fence was installed in 2021. The roof was replaced in 2023, and the HVAC in 2022. The new AC unit includes all new ductwork. The garage door was replaced in 2025. There is tons of storage with 3 different attics. This property is located directly across from Partin Elementary in wonderful Georgetown Estates with lots of parks surrounding. Your kids will love the large community pool. Van Alstyne is a thriving, growing town with many restaurants, stores, a farmers market, and concerts and festivals. VA is the place to be! VAISD is a sought-after A-rated school district This move-in-ready house is priced to sell. Open house Saturday, October 17th.

204 Newport Dr, Van Alstyne

$87,000

2 Beds ⋅ 1 Baths ⋅ 21407200 MLS

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

$260,000

3 Beds ⋅ 2 Baths ⋅ 21406772 MLS

Discover the charm of this inviting 3-bedroom, 2-bathroom home with a 2-car garage, nestled in a quaint, quiet neighborhood. Perfect for a small family, this home offers comfortable living spaces and plenty of room to create lasting memories. The kitchen comes fully equipped with all appliances, a pantry, and easy access to a separate dining room featuring a beautiful built-in china hutch. Enjoy the convenience of a dedicated laundry room complete with a full-size washer and dryer. Step outside to the covered patio, the perfect spot to sip your morning coffee, unwind after a long day, or enjoy peaceful evenings outdoors. With its comfortable layout, thoughtful features, and welcoming atmosphere, this home is ready for you to make it your own!

305 Ross Ave, 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

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

Start Your Search

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.

Last updated: