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$3,900,000

1922 Bethel Cannon Road, Whitewright, TX, 75491

On MarketInfo
CommercialInfo
Beds5 Beds
Baths6 Bath
Baths4,000 Sq Ft
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
FlooringCeramic Tile, Hardwood

Exterior

Lot Size80.76 acres

Building Information

Year Built2017

Land Information

APN283 100900301
SubdivisionRutland James A-G1009
Land UseCommercial
Legal DescriptionG-1009 RUTLAND JAMES A-G1009, ACRES 80.756
Census Tract001802
Assessed Land Value$41,790
Assessed Improvement Value$544,288
Assessment Year2025

About this property

Located in the growing North Texas corridor, this exceptional 82.565 acre Grayson County property offers a unique blend of luxury residential living, recreational acreage, agricultural infrastructure, and event oriented improvements. Conveniently located near Van Alstyne, Sherman, Trenton, and Anna, the property provides flexibility for residential, agricultural, recreational, retreat, or event-related use, subject to local zoning and permitting requirements. Owner financing options may be available for a qualified buyer. The custom built 5,912 sq ft main residence features stone, stucco, and wood siding, vaulted ceilings, stone tile flooring, custom wood accents, and multiple entertaining spaces. The home includes 4 bedrooms, 3 full baths, and 2 half baths. Interior highlights include a formal dining room with wood-burning fireplace, gourmet commercial style kitchen with Zline double ovens, gas cooktop, oversized island, butler’s pantry, prep room, wine cooler, and extensive custom cabinetry. The primary suite includes vaulted ceilings, sitting area with fireplace, patio and pool access, oversized walk-in closet, and large jet tub. Outdoor amenities include a rear patio, courtyard, in ground pool, and attached hot tub. Additional improvements include a 1,200 sq ft guest house, bunkhouse accommodations for up to 21 guests, conference room, office or studio building, and a 4,000 sq ft wedding and event chapel with seating for 150 plus, bridal suite, restrooms, and prep area. Land improvements include fenced pastures, a 52x54 barn, interior roads, approximately 1,700 ft of road frontage, skeet shooting range, and an approximately 3 acre lake. Utilities include public water, electricity, and septic systems. Gated entrance provides privacy and controlled access. Portions of the property are located within the FEMA designated 100 year floodplain. Buyers should independently verify zoning, permitted uses, floodplain information, and development restrictions.

Investor Tools

$0Estimated Mortgage Balance
$586,078Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,400 /month
Positive
Cash Flow Estimate:
$7,800 /month

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Corey Baumann

Whitetail Properties Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$996/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,022
$586,078
2025
$41,790
$544,288
$2,198,843
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,022
$586,078

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$586,078
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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: Whitewright

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1922 Bethel Cannon Road | Property Details | No Agent List