Grayson County Homes under $400,000

Grayson County Homes under $400,000

Welcome to Grayson County, Texas, a hidden gem in the heart of North Texas that perfectly blends small-town charm with modern conveniences. Nestled just north of the bustling Dallas-Fort Worth Metroplex, Grayson County offers a serene escape from the city's hustle and bustle while still providing easy access to urban amenities. Known for its picturesque landscapes, friendly communities, and rich history, this county is an ideal location for families, retirees, and anyone looking to embrace the Texas lifestyle.

Grayson County boasts a diverse range of homes, with many options available for under $400,000. Whether you're a first-time homebuyer or looking to downsize, you'll find a variety of charming single-family homes, cozy townhouses, and even spacious properties with sprawling yards. The housing market here is vibrant, making it an excellent time to invest in your dream home without breaking the bank.

Imagine settling into a quaint neighborhood filled with tree-lined streets and parks, where children can play and neighbors become friends. With excellent schools, local shops, and recreational opportunities, Grayson County is not just a place to live; it’s a place to thrive. From boating on Lake Texoma to exploring the scenic trails of Eisenhower State Park, the area offers a plethora of outdoor activities for everyone to enjoy.

Discover the warmth and welcoming spirit of Grayson County, where your dream home awaits at an affordable price. Explore the possibilities today and experience the perfect blend of comfort, community, and convenience!

Newest Grayson County Homes under $400,000

307 W Spruce St, Whitewright
$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

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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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