Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$115,000

209 Mc Elroy Street, Southmayd, TX, 76273

On MarketInfo
Just AddedInfo

About this property

209 McElroy in Southmayd offers a rare opportunity to create your own vision in the heart of small-town Texoma living. Nestled on approximately .978 acres, this property is all about the land, location, and potential. With wide open space, mature surroundings, and peaceful country charm, the possibilities are endless for a future homesite, investment opportunity, or weekend retreat. A storm shelter is already in place, adding valuable functionality and peace of mind. Conveniently located just minutes from Sherman, this property combines rural tranquility with quick access to shopping, dining, schools, and major highways. If you have been searching for affordable land in Grayson County with room to grow, imagine, and build your future, this is your chance to own a slice of Texas countryside with unlimited potential. The buyer and the buyer's agent are responsible for all due diligence. See private remarks for contract details. The property is not livable.

Investor Tools

$0Estimated Mortgage Balance
$115,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$690 /month
Positive
Cash Flow Estimate:
$230 /month

Interested in this property?

Lisa Hitchcock

Easy Life Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

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

City: Southmayd