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116 E Locust St

Collinsville, TX 76233
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Just listedJust listed
1 Bedroom(s)
1 Full Bath(s)
504 Sqft
0.14 Lot Acres
Residential - Single Family

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Description

Located at 116 E Locust St in Collinsville, TX, this 1-bedroom, 1-bath home offers a great opportunity for investors or buyers seeking a simple, low-maintenance lifestyle. Currently operating as a short-term rental, this property is well-suited to continue generating income or to serve as an easy-to-manage personal residence. With approximately 504 square feet of living space , the layout is efficient and functional, featuring a comfortable living area, dedicated dining space, and a practical kitchen setup. The home sits on a manageable lot with city utilities in place, making ownership straightforward and hassle-free. Whether you’re looking to expand your rental portfolio, secure a turnkey short-term rental, or downsize into something more manageable, this property checks the boxes. Affordable, flexible, and easy to maintain—this is a great option in the growing Collinsville area.

MLS#
NTREIS-21247713
List Price
$115,000 ($228/Sqft.)
Listing Status
For Sale
Address
116 E Locust St
City
Collinsville
State
TX
Zip Code
76233
County
Grayson County
Subdivision
Waldos 2nd Add
Legal Description
WALDOS 2ND ADDN, BLOCK PT 13, ACRES .142
Property Type
Residential - Single Family
Bedroom
1 Bedroom(s)
Bath
1 Full Bath(s)
Stories
1
Building Size
504 Sqft/Appraisal District
Architecture Style
Traditional
Year Built
1930 /Appraisal District
Lot Size
0.14 Lot Acres/Appraisal District

Rooms

Living
1st
Primary Bedroom
1st

Interior

Number Of Living Area
1
Cooling
Heat Pump
Heating
Heat Pump
Appliances
Electric Cooktop
Interior
High Speed Internet Available

Exterior

Roof
Composition
Foundation
Pillar/Post/Pier
Private Pool
No
Exterior Type
Siding
Parking
Carport
Parking Space
Garage 0 / Carport 1 / Total Covered 1
Utility
City Sewer,City Water

Extra details you may need to know

Dwelling Type
Single Detached

Lot Information

Lot Size
0.14 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 25, 2026 at 01:46 AM
Listing last updated Apr 24, 2026 at 03:29 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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