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$2,516,521

18048 Us-69, Whitewright, TX, 75491

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,399 Sq Ft
FarmFarm
price_per_sqft$740.37 / sqft
Year BuiltBuilt in 1972

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Linoleum

About this property

Rarely does a property of this caliber, size, and location become available in one of North Texas fastest-growing corridors. Situated just north of Whitewright, this exceptional 102.89-acre estate offers an outstanding combination of investment potential, commercial visibility, agriculture and residential opportunity. Strategically positioned for future growth with 2,140 feet of frontage along U.S. Highway 69, providing exceptional access, visibility, and long-term development potential. Pipe fencing, corrals, and pastures add to the custom-built executive residence of approximately 3,400 square feet. Constructed in 1972 as a showcase home for a company executive designed for both family living and business entertaining. While requiring renovation and updating, its quality construction, and spacious layout features formal living room, expansive family room highlighted by an oversized brick fireplace. The large kitchen has granite countertops, recessed lighting, vented cooktop stove, breakfast bar, and an adjoining dining area. Multiple sunrooms provide additional living space and scenic views. The executive office-den is richly appointed with extensive built-ins and features a spiral staircase leading to a private library complete with custom bookcases. Four bedrooms and four bathrooms, and primary suite located on the ground floor. Additional amenities include a laundry room, four-space carport, and a charming vintage telephone booth located on the second floor. Large shop building, grain bins, bunkhouse, tractor shed-hangar, and a 500-foot transmission tower. Properties offering this combination of location, highway frontage, acreage, infrastructure, mature trees, and future growth potential are becoming increasingly difficult to find in Grayson County. This is a unique opportunity to acquire a landmark property positioned directly in the path of North Texas expansion while enjoying the charm and convenience of the Whitewright community.

Investor Tools

$0Estimated Mortgage Balance
$2,516,521Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,099 /month
Positive
Cash Flow Estimate:
$5,033 /month

Interested in this property?

DAVID NORMAN

DAVID NORMAN LAND COMPANY

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Financing Details

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

City: Whitewright