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B+
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Days8Days on Market
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$369,000

704 E Main Street, Honey Grove, TX, 75446

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,809 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.36 / sqft
Year BuiltBuilt in 1905

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Disposal, Gas Range

Exterior

Lot Size16,252 sqft

Building Information

Year Built1935
Garage Spaces2

Land Information

APN95155
Land UseResidential
Legal DescriptionCITY OF HONEY GROVE ADDN, BLOCK 70, LOT REPLAT 344R, ACRES .3731
Census Tract950100
Assessed Land Value$27,300
Assessed Improvement Value$265,500
Assessment Year2025

About this property

A TWO HOME property offering historic charm, flexible living, and beautiful woodwork with modern amenities! This unique property includes a spacious main home with 2 primary suites, multiple living areas, a designated laundry room, a detached 2-car garage with workshop, PLUS a separate 1-bedroom guest house, creating an ideal setup for multi-generational living, guest quarters, private office space, or potential income property. With only the 4th owners in over 100 years of the home’s history, this property carries a special sense of legacy and small-town character that is hard to find. The main home underwent an extensive 2006–2008 restoration, bringing its timeless character back to life while adding important modern updates, including plumbing, electrical, central heat and air, water heaters, additional bathrooms, a sunroom, updated windows, ventless gas logs in select fireplaces, new appliances, and the addition of a dishwasher in the kitchen. Foundation work was completed in 2020, and select cosmetic areas offer the next owner an opportunity to personalize the home to their own style. The secondary home features a kitchen, full bath, laundry area, and bedroom, making it a valuable addition for buyers who need separate living quarters or flexible use. Whether you envision space for family, guests, or income-producing potential, this property offers possibilities beyond the typical single-family home. Some interior finish areas reflect previous remodeling and offer the next owner an opportunity to make thoughtful updates and add their own personal touch. With historic appeal, a rare two-home setup, and a location in the heart of Honey Grove, this property is full of charm.

Investor Tools

$0Estimated Mortgage Balance
$411,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

Interested in this property?

Chrissy Earls

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,602
$292,800
2025
$27,300
$265,500
$292,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,602
$292,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$411,000
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.

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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704 E Main Street | Property Details | No Agent List