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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.

2 Beds ⋅ 1 Baths ⋅ 21407200 MLS

307 W Spruce St, Whitewright

$389,900

Step into the charm of early Texas craftsmanship in this beautifully preserved & thoughtfully updated historic home in the heart of Whitewright. Originally built around 1900 & extensively renovated, this property blends century old character with modern comfort on nearly half an acre. Much of the home’s original woodwork remains intact, including solid wood floors, handcrafted staircase, solid wood doors, vintage knobs & hardware, & an original stained-glass door that anchors the home’s timeless appeal. The original beveled glass front door & French doors add elegance & authenticity throughout. Two coal burning fireplaces have been converted to gas, offering both historic charm & everyday convenience. Major renovations within the last decade include foundation work, electrical & plumbing updates, an efficient mini split HVAC system, kitchen & bathroom remodels, & a new roof installed in 2026. The kitchen features wood shaker cabinetry, granite countertops, & an oversized chef style 6 burner gas stove. The primary bathroom offers a relaxing retreat with a large soaker tub. Outside, the property offers exceptional space & utility. Enjoy nine mature pecan trees, plus apple, pear, & fig trees. An oversized 18x33 above ground pool with a large entertainment deck creates the perfect outdoor gathering space. Additional features include a storm cellar, water well, & an elongated garage with shop area—situated where the original Model A garage once stood. A large walk-in attic provides abundant storage or potential for future expansion. Whitewright offers the best of small-town Texas living—quiet streets, friendly neighbors, local shops & dining, community events, & easy access to Sherman, McKinney, & the growing North Texas corridor. It’s a place where history is preserved, life moves at a comfortable pace, & homes like this one rarely come available. A truly unique opportunity to own a piece of Whitewright’s history—updated, restored, & ready for its next chapter.

3 Beds ⋅ 2 Baths ⋅ 21356266 MLS

309 W Walnut St, Whitewright

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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