307 W Spruce Street
Whitewright, TX 75491 · View on map ↓
Overview
Description
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.
Mortgage Calculator
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Rooms
- Primary Bedroom
- 0 x 0 / 1
- Bedroom
- 0 x 0 / 1
- Dining Room
- 0 x 0 / 1
- Full Bath
- 0 x 0 / 1
- Appliances
- Electric Range
- Interior Features
- Paneling Wainscoting
- Flooring
- Linoleum, Wood
- Laundry
- Washer Hookup, Dryer Hookup
- Fireplaces
- 1 · Decorative
- Heating
- Fireplaces, Natural Gas
- Cooling
- Window Units
- Utilities
- Electricity Connected, Sewer Available, Water Available
- Architectural Style
- Craftsman, Detached
- Roof
- Composition
- Foundation
- Pillar Post Pier
- Exterior Features
- Storage
- Pool
- None
- Levels
- One
- Stories
- 1
- Attached Garage
- No
- Carport Spaces
- 1
Schools
- Elementary
- Whitewright (Whitewright ISD)
- Middle
- Whitewright (Whitewright ISD)
- High
- Whitewright (Whitewright ISD)
Location
Price & Status History
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale Source: NTREIS #21245175 | $87,000 |
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Listed by Dana Worth · Russell Realty
Source: NTREIS · MLS#: 21245175
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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