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$385,000

1018 W Main St, Honey Grove, TX, 75446

Off MarketInfo
Beds6 Beds
Baths2 Bath
Baths4,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.23 / sqft
Year BuiltBuilt in 1901

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Cooktop, Double Oven
FlooringHardwood

Exterior

Lot Size3.92 acres

Building Information

Year Built1901
Garage Spaces4

Land Information

APN74844
Land UseResidential
Legal DescriptionA0348 S ERWIN, ACRES 3.918
Census Tract950100
Assessed Land Value$80,210
Assessed Improvement Value$344,890
Assessment Year2025

About this property

Do you like vintage or antique items? Then this may be the home for you. This 5 bedroom, 2 bath home with a 4 car garage on 3.9 acres has lots of original character & charm with many updates. The home has pocket doors, hardwood floors, a grand staircase, unique chandeliers, vintage decorative fireplaces and handcrafted woodwork. The formal dining area has a built-in hutch with old timey doors. The large den area has a vaulted wood ceiling and has 3-wall to ceiling windows that offer a great view of the pond in the back yard. The den is also located off of the kitchen which makes it a great home for entertaining and family gatherings. The upstairs has 4 large bedrooms, a nursery-office, a full bath and a foyer area. The 4 car garage not only offers plenty of space for vehicles but it also has a nice workshop area. Honey Grove is close to Caddo National grasslands, and is nestled between two of the newest lakes in Texas, Bois D' Arc Lake and Lake Ralph Hall.

Investor Tools

Property Icon
$425,100
Estimated Property Value
$0Estimated Mortgage Balance
$425,100Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,551 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,146
$425,100
2025
$80,210
$344,890
$425,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,146
$425,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$425,100
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Honey Grove

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