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307 W Spruce Street

Whitewright, Texas 75491
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Bed 2

Bed

Bath 1

Bath

SqFt1,233

Sqft

Acres0.16

Acre(Lot)

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 current ly 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.

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Detail Ic Property Details

Property Type : Residential

Price : $87,000

AD Id : 77615555

MLS Id : 557721862

Beds : 2

Lot Size : 0.16 Acre

Living Area Size : 1,233

Year Built : 1910

County : Grayson

Subdivision: Otp Whitewright

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

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

    Paneling

    Appliances

    Electric Range

    Utilities

    Asphalt,City Sewer,City Water,Electricity Connected
  • Cooling Features

    Window Unit(s)

    Heating Source

    Fireplace(s),Natural Gas

    Fireplace

    Number of Fireplaces: 1 Fireplace Features: Decorative

  • Building Information

    Built Year: 1910 Roof Type: Composition
  • Exterior Features

    Storage

    Foundation

    Pillar/Post/Pier
  • Laundry Features

    Dryer Hookup,Washer Hookup

    Fencing

    Back Yard,Wood

  • Lot Information

    Lot Size (Acr): 0.1630 Lot Size Units: Acres Lot Size Square Feet: 7,100 Lot Size Source: Public Records Lot Features: Few Trees,Interior Lot,Level,Lrg. Backyard Grass
  • Property Information

    SQ ft (Living Area): 1,233 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Craftsman Subdivision: Otp Whitewright City: Whitewright State: Texas Directions: Go North on State Highway 121 North from US 75 through Melissa to State Highway 160 North, Exit and turn left. Go approximately 8.4 miles to US-69 South Beasley Blvd. Turn left. Turn left onto South Bond Street. Turn left onto W Spruce. House is on the left. NO UTILITIES NOW. GO ON A SUNNY DAY. Property Status: Active Levels: One Property Age: 116

  • Listing Price Information

    Original List Price: $87,000 List Price Tot SqFt: $71
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 171121 Tax Block: 38 Tax Legal Description: OTP WHITEWRIGHT, BLOCK 38, LOT 5, ACRES .163 Tax Lot: 5 Unexempt Taxes: $1,221

  • Parking Information

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

    HOA Type: None

  • School Information

    Elementary School: Whitewright Middle School: Whitewright High School: Whitewright School District: Whitewright ISD
  • Utility Information

    Utilities: Asphalt,City Sewer,City Water,Electricity Connected
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3700 County Road 4040, Whitewright, TX, 75491 $300,000 2 2 1,186 1,186 SqFt
3830 County Road 4040, Whitewright, TX, 75491 $225,000 3 1 1,350 1,350 SqFt
5235 Fm 1752 S, Whitewright, TX, 75491 $630,000 2 1 1,514 1,514 SqFt
3781 Fm 151, Whitewright, TX, 75491 $999,999 3 2 1,580 1,580 SqFt
288 County Road 4430, Whitewright, TX, 75491 $475,000 3 2 1,391 1,391 SqFt
1118 Private Road 425, Whitewright, TX, 75491 $585,000 3 2 1,825 1,825 SqFt
5077 E Line Road, Whitewright, TX, 75491 $199,999 4 3 4,440 4,440 SqFt
705 N Gardner Street, Whitewright, TX, 75491 $37,500 -- -- 560 560 SqFt
402 Locust, Whitewright, TX, 75491 $125,000 4 2 1,927 1,927 SqFt
317 E Grand Street, Whitewright, TX, 75491 $347,500 5 2 3,440 3,440 SqFt
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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 07/20/2026 @ 22:25

MLS: 557721862 LISTED BY: Dana Worth, Russell Realty 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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