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$39,000

NAL Estimated Property Value

505 W Spruce Street, Whitewright, TX, 75491

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Don't miss this opportunity to secure a residential lot within the city limits of charming Whitewright, Texas. Perfect for builders, investors, or individuals ready to build their next home. This property offers the convenience of small-town living with quick access to Sherman, Mckinney, and surrounding areas. This lot is ready for your vision, whether its a custom home, a spec build, or your next investment project. Nestled in an established neighborhood, you'll enjoy the peaceful community atmosphere while still being close to schools, parks, dining, and shopping. This is a rare chance to own a lot in a growing community with so much potential. Bring your plans and start building today! Lot currently does not have a water tap but the City of Whitewright is issuing new taps through their water department.

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$0
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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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505 W Spruce Street | Property Details | No Agent List