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116 E Locust Street

Collinsville, Texas 76233
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Bed 1

Bed

Bath 1

Bath

SqFt504

Sqft

Acres0.14

Acre(Lot)

Located at 116 E Locust St in Collinsville, TX, this 1-bedroom, 1-bath home offers a great opportunity for investors or buyers seeking a simple, low-maintenance lifestyle. Currently operating as a short-term rental, this property is well-suited to continue generating income or to serve as an easy-to-manage personal residence. With approximately 504 square feet of living space , the layout is efficient and functional, featuring a comfortable living area, dedicated dining space, and a practical kitchen setup. The home sits on a manageable lot with city utilities in place, making ownership straightforward and hassle-free. Whether you’re looking to expand your rental portfolio, secure a turnkey short-term rental, or downsize into something more manageable, this property checks the boxes. Affor dable, flexible, and easy to maintain—this is a great option in the growing Collinsville area.

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Detail Ic Property Details

Property Type : Residential

Price : $115,000

AD Id : 77730483

MLS Id : 557947357

Beds : 1

Lot Size : 0.14 Acre

Living Area Size : 504

Year Built : 1930

County : Grayson

Subdivision: Waldos 2nd Add

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0
  • Interior Features

    High Speed Internet Available

    Appliances

    Electric Cooktop

    Utilities

    City Sewer,City Water
  • Cooling Features

    Window Unit(s)

    Heating Source

    Heat Pump

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1930 Construction: Siding Roof Type: Composition
  • Foundation

    Pillar/Post/Pier
  • Construction Materials

    Siding

  • Lot Information

    Lot Size (Acr): 0.1420 Lot Size Units: Acres Lot Size Square Feet: 6,186
  • Property Information

    SQ ft (Living Area): 504 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: Waldos 2nd Add City: Collinsville State: Texas Directions: GPS Property Status: Active Levels: One Property Age: 96 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $115,000 List Price Tot SqFt: $228
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 139105 Tax Block: 13 Tax Legal Description: WALDOS 2ND ADDN, BLOCK PT 13, ACRES .142 Unexempt Taxes: $2,042

  • Parking Information

    Garage Space: 0 Carport Spaces: 1 Parking Features: Carport
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Collinsville High School: Collinsville Primary School: Collinsville Intermediate School: Collinsville School District: Collinsville ISD
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2435 Cobler Road, Collinsville, TX, 76233 $899,900 3 3 2,557 12.60 Acres
112 Terri Drive, Collinsville, TX, 76233 $145,700 3 2 1,568 1.50 Acres
1802 Batey Road, Collinsville, TX, 76233 $620,000 3 1 1,396 15.66 Acres
714 Mary Lee Lane, Collinsville, TX, 76233 $389,500 3 2 1,708 0.25 Acre
708 David Lane, Collinsville, TX, 76233 $270,000 3 2 1,401 0.51 Acre
202 Daniel Court, Collinsville, TX, 76233 $352,500 3 2 1,889 0.41 Acre
700 Mary Lee Lane, Collinsville, TX, 76233 $429,500 4 2 2,068 0.33 Acre
403 S Broadway Street, Collinsville, TX, 76233 $162,900 2 1 1,205 0.17 Acre
502 Pathfinder Street, Collinsville, TX, 76233 $386,500 3 2 1,592 0.20 Acre
506 Walnut Street, Collinsville, TX, 76233 $230,000 3 2 1,300 0.17 Acre
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 09/11/2026 @ 11:39

MLS: 557947357 LISTED BY: Cory Meals, eXp Realty LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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