307 W Spruce Street, Whitewright, TX 75491
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
Listed by: dana worth
Office: russell realty
MLS#:21407200
Source:GDAR
Price summary
- Price:$87,000
- Price per sq. ft.:$70.56
About this home
ATTENTION INVESTORS, FLIPPERS, AND BUILDERS: This is the math-making project you have been waiting for in Whitewright. Priced aggressively at $94,900, this package includes a 1,233-square-foot historic 1910 cottage PLUS an adjacent 0.163-acre buildable lot with its own parcel ID (0.326 acres total). This property is being sold strictly AS-IS and is a prime candidate for a full cosmetic and systems overhaul. Whether you are looking for your next fix-and-flip, a long-term rental hold, or a multi-phase development project, the margins and exit strategies here are undeniable.
The existing home features classic Texas cottage bones with a covered front porch, an attached carport, and a spacious layout that includes a converted great room with an original fireplace mantle. The interior currently features vintage wood paneling, a large eat-in kitchen footprint, and a combined utility and bathroom space that is ripe for reconfiguration. The property requires significant TLC, including roof evaluation, ceiling repairs, kitchen and bath gutting, and flooring, making it ideal for a seasoned contractor or cash buyer ready to get their hands dirty.
The true X-factor is the extra lot. You have the flexibility to renovate the existing structure and sell the package, hold the home as a rental while building new construction next door, or split the parcels to maximize your return on investment. The property is connected to city water and sewer. Located just blocks from downtown Whitewright and local schools, the location offers strong resale or rental demand once completed.
Do the math - With recent renovated sales in Whitewright pushing well past $150 per sq ft, the ARV potential on the existing home alone leaves plenty of meat on the bone, let alone the value of the vacant lot. Cash or conventional financing only. No blind offers. Bring your contractor, run your numbers, and submit your highest and best. This investor special will not last long at this price point....
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Home facts
- Year built:1910
- Subdivision & Development:Otp Whitewright
- Listing ID #:21407200
- Added:1 day(s) ago
- Updated:October 11, 2026 at 08:47 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Linoleum, Wood
- Kitchen Description:Electric Range
- Living area:1,233 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Fireplaces, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1910
- Building area:1,233 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Few Trees, Interior Lot, Lawn, Level
- Architectural Style:Craftsman
- Foundation Description:Pillar Post Pier
- Levels:1 Story
Schools
- High school:Whitewright
- Middle school:Whitewright
- Elementary school:Whitewright
Finances and disclosures
- Price:$87,000
- Price per sq. ft.:$70.56
- Tax amount:$1,221
Features and amenities
- Appliances:Electric Range
Parking
- Carport spaces:1
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