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Grayson, US
Investor Special or Mechanic’s Dream! This 2-bedroom, 1-bath home sits on just over half an acre and offers excellent potential. Featuring newer upgrades including two-year-old siding and a recently replaced roof, has a new Mini split installed 2 months ago. All the appliances will go except the gas range. The home also includes a small, detached garage with a carport for additional covered parking. The standout feature is the 35’ x 25’ workshop equipped with two 8-foot roll-up doors, ideal for a mechanic, auto body shop, hobbyist, or storage needs. The property spans across three lots, offering development potential—perfect for an investor looking to build additional units or expand. Currently leased at $700-month, with flexibility depending on the terms of the sale—either continue with the existing tenant or have the home delivered vacant. Don’t miss this opportunity to own a property with income potential and room to grow!
Courtesy Of: C-21 DEAN GILBERT, REALTORS
Feature Highlights
- Dining Room
- Family Room
General Features
- Style:
- Traditional
- Foundation Type:
- Pillar/Post/Pier
- Garage:
- Driveway,Gravel
Public Schools
- School District:
- Sherman ISD
- Elementary School:
- Crutchfield
- Middle School:
- Sherman
- High School:
- Sherman
Interior Features
- Baths Full:
- 1
- Room Count:
- 5
- Number Of Living Areas:
- 1
- Number Of Dining Areas:
- 1
- Interior Features:
- Cable TV Available,Walk-In Closet(s)
- Heating:
- Other
- Flooring:
- Luxury Vinyl Plank
- Beds Total:
- 2
Exterior Features and Amenities
- Fencing:
- Chain Link
- Lot Size:
- .5 to < 1 Acre
- Lot Size Area:
- 0.5620
- Lot Size Units:
- Acres
- Parking Features:
- Driveway,Gravel
- Roof:
- Composition,Shingle
- Architectural Style:
- Traditional
- Subdivision Name:
- Elliotts W Add
Utility Information
- Utilities:
- City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available
Financial
- Unexempt Taxes:
- $3,799.00
- Transaction Type:
- For Sale
- Tax Legal Description:
- ELLIOTTS W ADDN, BLOCK 13, LOT 6 THRU 12, ACR
Other Features
- Will Subdivide:
- No
- Foundation Details:
- Pillar/Post/Pier
- Structural Style:
- Single Detached
- Security Features:
- Carbon Monoxide Detector(s),Smoke Detector(s)
- Possession:
- Closing/Funding
- Parcel Number:
- 163946
- Construction Materials:
- Siding,Wood
Directions
Heading East Lamar St, turn right on 1st St, then turn right on E Thomas St. House will be on your left.

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Data last updated: 2026-03-22.
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