3120 Fm 499, Greenville, TX 75401
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty
Upcoming open houses
- Fri, May 2905:00 pm - 07:00 pm
Listed by: jesse collins
Office: freedom key realty
MLS#:21180236
Source:GDAR
Price summary
- Price:$599,900
- Price per sq. ft.:$155.09
About this home
Have you ever dreamed of owning a gated multi dwelling oasis on acreage just minutes from town? It sounds too good to be true, but lucky for you, it’s not.
Situated on approximately 3 acres in Greenville, this rare property offers privacy, flexibility, and long-term potential with two separate homes on one property. The main residence features 4 bedrooms and 3 full bathrooms, including a fully self contained attached 1 bed, 1 bath living space complete with its own private entrance, full kitchen, and living room. Ideal for multigenerational living, extended guests, private office space, or additional income potential while maintaining separation and privacy. The primary home offers spacious living areas, abundant natural light, and a functional layout designed for everyday living and entertaining.
The second home is a 3 bedroom, 2 bathroom residence currently leased at 1,500 per month, with local property management estimating market rent closer to 2,000 per month, offering built-in upside. The lease may remain in place for an investor buyer or the home can be vacated for an owner-occupant purchase.
Each home is serviced by separate electric meters and its own septic system, providing true independence between residences. The property features a gated entrance, extended driveway, mature trees, open usable acreage, and room for additional improvements, animals, or recreational use. A generator on site adds additional peace of mind.
Enjoy peaceful country living with space to spread out while still being conveniently located near shopping, dining, schools, and major roadways.
Whether you’re looking for a family compound, house-hack opportunity, or long-term investment, properties with this layout and infrastructure rarely become available. The sellers are motivated and ready to make a move, creating an incredible opportunity for the next owner. Properties like this rarely hit the market in Greenville, so bring your offer before you miss out....
Contact an agent
Home facts
- Year built:1988
- Listing ID #:21180236
- Added:102 day(s) ago
- Updated:May 28, 2026 at 11:46 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Disposal, Refrigerator
- Living area:3,868 sq. ft.
Heating and cooling
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1988
- Building area:3,868 sq. ft.
- Lot area:3.01 Acres
- Lot Features:Acreage, Pasture
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Greenville
- Middle school:Greenville
- Elementary school:Crockett
Finances and disclosures
- Price:$599,900
- Price per sq. ft.:$155.09
- Tax amount:$6,451
Features and amenities
- Appliances:Dishwasher, Disposal, Refrigerator
- Amenities:Generator
Parking
- Garage:Yes
- Garage spaces:2
- Carport spaces:2
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