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Grayson, US
This property offers serious potential with two homes on one generously sized, tree-covered lot. One home is move-in ready, the other has utilities in place and just needs work to unlock its full value.
Primary home boasts an open floorplan, two living areas, three bedrooms and two baths. Set off the road, the primary residence offers plenty of privacy and a quiet space for outdoor activities. The second home is unique in that it has its own electric, water and septic in place. There is plenty of opportunity to tear down this home for a new primary residence or put some imagination and remodel work into it for a second residence, or a rental property. The entire property is ideal for rental income, multi-generational living, or a live-in renovation project. Open to subdividing, but you also just bring your animals, or start a hobby farm—there’s plenty of space, open grass, and mature trees. Enjoy the peaceful views from the covered porch and imagine the possibilities.
**NEW SURVEY WILL BE NEEDED FOR THIS PROPERTY**While information is deemed reliable to the best of the seller's knowledge, it is not guaranteed. Buyer and buyers agent to verify all information herein. Buyers agent and broker information must be identified at first showing.
Courtesy Of: Lake & Country Realty, LLC
Feature Highlights
- Dining Room
- Family Room
- Multi Parcel ID
- Accessory Unit
General Features
- Style:
- Traditional
- Foundation Type:
- Pillar/Post/Pier
- Garage:
- Circular Driveway,Gravel,No Garage,Outside
Public Schools
- School District:
- Tom Bean ISD
- Elementary School:
- Tom Bean
- Middle School:
- Tom Bean
- High School:
- Tom Bean
Interior Features
- Room Count:
- 10
- Baths Full:
- 2
- Beds Total:
- 3
- Number Of Living Areas:
- 2
- Number Of Dining Areas:
- 1
- Flooring:
- Carpet,Linoleum
- Heating:
- Central,Electric
- Interior Features:
- Open Floorplan
Exterior Features and Amenities
- Lot Size:
- 5 to < 10 Acres
- Roof:
- Composition
- Parking Features:
- Circular Driveway,Gravel,No Garage,Outside
- Subdivision Name:
- Tom Bean North Estates
- Lot Size Units:
- Acres
- Lot Size Source:
- Assessor
- Lot Size Area:
- 9.3870
- Lot Features:
- Acreage,Irregular Lot,Level,Lrg. Backyard Grass,Many Trees,Pasture
- Fencing:
- Barbed Wire,Chain Link
- Exterior Features:
- Covered Deck,Covered Patio/Porch,Fire Pit,Storage
- Architectural Style:
- Traditional
Utility Information
- Utilities:
- Aerobic Septic,Cable Available,Co-op Electric,Co-op Water,Electricity Available,Electricity Connected,Gravel/Rock,Individual Water Meter,Outside City Limits,Phone Available
Financial
- Unexempt Taxes:
- $2,651.00
- Transaction Type:
- For Sale
- Tax Legal Description:
- TOM BEAN NORTH ESTATES, LOT 24 & PT 25, ADDTN
Other Features
- Year Built Details:
- Preowned
- Will Subdivide:
- No
- Structural Style:
- Mobile Doublewide w/Land
- Soil Type:
- Black
- Accessory Unit Type:
- Accessory Dwelling Unit (ADU)
- Security Features:
- Smoke Detector(s)
- Restrictions:
- No Known Restriction(s),None
- Possession:
- Closing/Funding,Negotiable
- Parcel Number:
- 129517
- Other Equipment:
- Negotiable,Satellite Dish
- Foundation Details:
- Pillar/Post/Pier
- Easements:
- Utilities
- Construction Materials:
- Siding
Directions
From Hwy 11 going north toward Sherman, turn right going north onto Campground Rd. Turn right on Pennell Rd. The property will be on the right, with the entrance having a white fence entrance into the driveway, Realtor sign is in front.
Copyright 2025 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2025-08-04.
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