402 Locust

Whitewright, TX
$ 125,000 Beds 4 Baths 2 Sq 1,927 Virtual Tour
Monthly Estimate* How much can I afford?

Investor Special – Prime Redevelopment Opportunity on Double Lot Attention investors, builders, and visionaries! This property presents a rare opportunity for a full renovation or complete redevelopment. Situated on are two spacious lots, totaling .33 acre. The potential here is unmatched—restore the existing structure or tear down and build two new homes. The current home is in need of extensive repairs and heavy rehab, making it ideal for experienced investors looking for their next project. With ample land and flexible possibilities, this property is perfect for maximizing value in a growing area. Whether you're looking to renovate and resell, create rental income, or develop new construction, this property offers endless upside. Sold as-is. No repairs will be made. Bring your plans and your vision! Listing agent is the owner of the property

Active

  • Price
  • $ 125,000
  • City
  • Whitewright
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • GRAYSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • Zip
  • 75491
  • Sqr Footage
  • 1,927
  • Year Built
  • 1900
  • Style
  • Single Family Residence
  • MLS#
  • 21241587
Listed By: Norvell & Co LLC
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Utilities City Sewer,City Water,Electricity Connected
Possession Closing/Funding
Appliances None
School District Whitewright ISD
Year Built 1900
Levels One
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Whitewright Sears H C
Transaction Type For Sale
County Grayson
Property Type Residential
HOA Type None
Full Baths 2
Status Active
Directions GPS
City Whitewright
Elementary School Name Whitewright
High School Whitewright
Elementary School Whitewright
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21241587
Standard Status Active
Listing Terms Cash

Interior Features

Interior Features Open Floorplan
Dining Areas 1
Living Areas 1
Room Count 2
Lock Box Type None
Total Bedrooms 4
Total Baths 2

Exterior Features

Lot Size Source Assessor
Parking Features Direct Access
Lot Size Less Than .5 Acre (not Zero)
Lot Size Area 0.3300
Lot Size Dimensions 14201
Lot Size Units Square Feet
Structural Style Single Detached
Lot Size Square Feet 0.3300
Lot Size Acres 0.0000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Bonham, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Whitewright Elementary School
Middle School Unknown Middle School
High School

Price History

4/16/2026 Listed $145,000
5/20/2026 14% - $125,000

Property vs Zip Code Average in 75491

Price
AVG $600K
$130K
Year Built
AVG 1981
1900
Visits
AVG 103
116
Data Provided by Inside Real Estate®

Areas That We Cover

402 Locust Whitewright, TX is a Single Family Home for sale at $125000 with 1927 sqft and a lot size of Acre(s). 402 Locust Whitewright has 4 bedrooms, 2 baths and was built in 1900. The property's zip code is 75491 which is in Whitewright, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.