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$1,440,000
5 Beds 4 Baths 21326815 MLS
Own a piece of Texas history while enjoying immediate rental income! Designated as a Texas Historic Landmark, the restored 1894 John Elias & Ida May Herrington House sits on 2.44 picturesque acres, offering a rare combination of historic charm, modern updates, and investment potential. The Queen Anne Victorian showcases original hardwood floors, soaring ceilings, intricate millwork, stained glass, transom windows, pocket doors, and multiple fireplaces, while updated kitchens and baths provide today's conveniences. The primary suite features a cedar-lined walk-in closet, and the home offers multiple living and entertaining spaces, including a library, formal dining room, wraparound porches, and a shaded flagstone courtyard beneath majestic oak trees. Adding tremendous value are four tenant-occupied rental cottages, providing immediate income. Cottages A & B are mirror-image one-bedroom homes, Cottage C is a charming efficiency, and Cottage D offers a spacious two-bedroom layout. Each residence has been updated and enjoys access to beautifully maintained shared outdoor spaces. The grounds feature mature trees, manicured landscaping, a gazebo, windmill, shared fire pit, pump house, storage building, chicken coop, and a covered pavilion perfect for entertaining or relaxing. A detached three-car garage and 20' x 30' workshop with electricity and a built-in woodworking bench offer exceptional space for hobbies, projects, or storage. The corner lot provides privacy while being surrounded by upscale acreage properties. Whether you're looking for a private family estate, boutique event venue, bed and breakfast opportunity, or an income-producing investment, this one-of-a-kind property offers endless possibilities with historic significance that simply cannot be replicated.

1425 Lone Star Rd, Celina, TX

$560,000
5 Beds 4 Baths 21281691 MLS
Income-producing East Texas acreage featuring three separate residential dwellings situated on 9.743 acres. Property includes a recently constructed cottage built in 2022 with one bedroom plus loft space suitable for a second sleeping area, a detached 1-bedroom, 1-bath cabin residence, and a 2-bedroom, 2-bath manufactured home that has recently been painted with updated carpet. Combined, the property offers approximately 5 bedrooms and 4 full bathrooms across the three residential units. Two units are currently tenant occupied with established rental income totaling approximately $3,200 per month. The cottage and manufactured home each maintain separate electric service accounts, while utilities for the cabin are currently owner paid. Property is serviced by a shared private well, and each dwelling has its own separate septic system. Country living at its best. The acreage features a mix of cleared open areas, mature East Texas hardwood and pine trees, and wooded sections providing privacy and scenic surroundings year round. Deer and other wildlife are frequently visible on the property during morning and evening hours. Additional improvements include two ponds, a fenced garden area, detached well house, and a large 48’ x 13’ workshop building with space suitable for tractor, mower, equipment, or general storage use. A long zip line is installed in the pine forest behind the blue cottage at the back of the property. Located outside city limits with convenient access to Grand Saline and Interstate 20, the property is approximately one hour from the East Dallas area while still offering a private rural setting. Property offers flexibility for continued investment use, owner occupancy with supplemental rental income, or multi-generational living. Buyer to independently verify schools, taxes, acreage, and square footage.

1140 County Road 1712, Grand Saline, TX

$179,000
2 Beds 1 Baths 21247901 MLS
Investor opportunity just steps from Tarleton State University! This 2-bedroom, 1-bath single-family home offers immediate and stable cash flow with a tenant in place through June 30, 2027 at $1,400 per month. Ideally located within walking distance to campus, the property benefits from consistent rental demand driven by Tarleton State’s continued growth as a Division I university with steadily increasing enrollment. This prime location makes it highly attractive for student or faculty housing, supporting long-term investment potential. The home’s manageable size and layout provide low maintenance ownership, while the existing lease ensures reliable income from day one. Whether you’re expanding your portfolio or seeking a turnkey rental in a high-demand area, this property presents a compelling opportunity for both current returns and future appreciation.

632 N Ollie St, Stephenville, TX

$650,000
9 Beds 3 Baths 21174858 MLS
Three House Bundle with Prime Multi-Family potential! Unlock the perfect blend of steady cash flow and long-term development potential with this rare 3-house investment bundle! Each home features three bedrooms, one full bathroom, and is tenant occupied throughout the next year, offering immediate rental income from day one. Located on Groesbeck Street, 1425 and 1435 Groesbeck are already zoned for multi-family and sit on what could be a combined .68 acres if replatted. Replat and build a multi-family complex while collecting rental income during the planning phase. The third home completes this solid investment package in a growing area with increasing rental demand, and stable tenants. Whether you're looking to expand your rental portfolio or break ground on your next development, this package delivers versatility and value. Schedule your showing today!

1425, 1435, 420 Groesbeck & Lillian, Stephenville, TX

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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