307 Depot ST Whitesboro, TX 76273
5 Beds
2 Baths
1,986 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,986 sqft
Price per Sqft $150
Subdivision Mcfalls Add
MLS Listing ID 21300313
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 2000
Annual Tax Amount $4,400
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Duplex
Property Description
305 and 307 Depot Street share one roof, and each side lives like its own home with a private entrance, full kitchen, and comfortable living space. The 307 side offers 3 bedrooms and 1 bath, and the 305 side offers 2 bedrooms and 1 bath. Together that is 5 bedrooms and 2 full baths across roughly 1,986 square feet, built in 2000 on a 0.29-acre lot just one block off Main Street downtown. No HOA, and an easy walk to local shops and cafes.
There is real flexibility here for the right buyer. The owner holds the property free and clear, so creative financing is on the table and worth a conversation. Priced at $298,000, comfortably below the roughly $320,000 appraised value, it leaves room to add your own touches with some fresh paint and flooring.
It is a wonderful fit for house-hacking. Settle into one side, rent the other, and let your tenant help cover the payment while you build equity faster. Prefer pure investment? Hold both sides for steady cash flow. Local rents in 76273 generally support around $2,600 to $3,000 a month combined once both units are refreshed, and this property has a long history of staying full and re-leasing quickly. With two addresses already in place, there is also nice upside to separate the sides later and sell a unit on its own, somewhere near $175,000, or close to $350,000 for the pair.
The setting is the kind of friendly, small-town Grayson County life people move here for, just minutes from the US-82 and US-377 interchange and about an hour north of the DFW Metroplex. Sherman, Denison, and the shores of Lake Texoma are all a short drive away.
Come take a look and picture the possibilities. We would love to show it to you.
Location
State TX
County Grayson
Direction From the US-82 and US-377 interchange on the north edge of Whitesboro, head south on US-377 (Union Ave) turn left (E Main St, go two blocks to E St, turn right (south) on E St and cross the railroad tracks, then turn left (east) on Depot St. 305 and 307 Depot are on the right.
Interior
Interior Features Pantry, Natural Woodwork
Heating Central
Cooling Central Air
Flooring Tile, Wood
Fireplace No
Appliance Dishwasher, Electric Oven, Disposal
Exterior
Exterior Feature Private Yard, Rain Gutters, Storage
Parking Features Concrete, Driveway, Paved
Fence Back Yard, Chain Link, Fenced, Full
Pool None
Utilities Available Sewer Available
Roof Type Composition,Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description Back Yard, Lawn, Many Trees
Foundation Slab
Sewer Public Sewer
Level or Stories One
Schools
Elementary Schools Whitesboro
Middle Schools Whitesboro
High Schools Whitesboro
School District Whitesboro Isd
Others
Tax ID 170251
Acceptable Financing Cash, Conventional, FHA, Owner Will Carry, Private Financing Available, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, Owner Will Carry, Private Financing Available, USDA Loan, VA Loan