307 W Spruce Street

Whitewright, TX
$ 87,000 Beds 2 Baths 1 Sq 1,233 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 87,000
  • City
  • Whitewright
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • GRAYSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.163 Acres
  • Zip
  • 75491
  • Sqr Footage
  • 1,233
  • Year Built
  • 1910
  • Taxes
  • $ 1221
  • Style
  • Craftsman
  • MLS#
  • 21245175
Listed By: Russell Realty
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Fireplace(s),Natural Gas
Cooling Window Unit(s)
Utilities Asphalt,City Sewer,City Water,Electricity Connected
Possession Closing/Funding
Roof Composition
Appliances Electric Range
Easements Utilities
School District Whitewright ISD
Year Built 1910
Architectural Style Craftsman
Levels One
Unexempt Taxes 1221
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Otp Whitewright
Transaction Type For Sale
Carport Spaces 1
County Grayson
Property Type Residential
Accessory Unit Y/N No
HOA Type None
Green Landscaping Native Landscape
Full Baths 1
Status Active
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
City Whitewright
Elementary School Name Whitewright
High School Whitewright
Elementary School Whitewright
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21245175
Standard Status Active
Listing Terms Cash

Interior Features

Interior Features Paneling
Flooring Linoleum,Wood
Fireplace Features Decorative
Fireplaces Total 1
Dining Areas 1
Room Count 4
Lock Box Type Supra
Total Bedrooms 2
Total Baths 1
Laundry Features Dryer Hookup,Washer Hookup

Exterior Features

Exterior Features Storage
Lot Features Few Trees,Interior Lot,Level,Lrg. Backyard Grass
Vegetation Grassed,Partially Wooded
Fencing Back Yard,Wood
Soil Type Unknown
Other Structures Workshop w/Electric
Lot Size Source Public Records
Parking Features Carport
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Area 0.1630
Lot Size Dimensions .326
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 7100.2800
Lot Size Acres 0.1630

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
Adjust Payment Options
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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

4/20/2026 Listed $94,900
6/12/2026 9% - $87,000

Property vs Zip Code Average in 75491

Price
AVG $600K
$90K
Taxes
AVG $5,130
$1,221
Year Built
AVG 1981
1910
Visits
AVG 103
355
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

307 W Spruce Street Whitewright, TX is a Single Family Home for sale at $87000 with 1233 sqft and a lot size of 0.163 Acres Acre(s). 307 W Spruce Street Whitewright has 2 bedrooms, 1 baths and was built in 1910. 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.

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Angel Titsworth

903-294-4614

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