204 Mcelroy Street

Southmayd, TX 76273

investment opportunity PRICED TO SELL in Southmayd Texas! This 2010 manufactured home offers spacious 1,216 square feet with 3 bedrooms and 2 bathrooms, situated on a large 0.56-acre lot. Property is offered at a very competitive price. Minimal improvements and repairs needed including flooring replacement and general property cleanup to maximize its potential. Conveniently located in the growing Grayson County area with easy access to surrounding communities and amenities. Police and Fire department are only one block away. Ideal for investors, landlords, or buyers seeking an affordable property with upside potential. Average rents at $1200 - $1400 and ARV at $130K+. Buyer to verify all information, including square footage, lot size, rental rates, and value projections.

Listing courtesy of Gary Hibert of Shoehorn Realty Group, LLC [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-06-25 12:55 PM CDT