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$695,000 Just Listed
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Property Description
Have you ever dreamed of owning a gated multi dwelling oasis on acreage just minutes from town? It sounds too good to be true, but lucky for you, it's not. Situated on approximately 3 acres in Greenville, this rare property offers privacy, flexibility, and long-term potential with two separate homes on one property. The main residence features 4 bedrooms and 3 full bathrooms, including a fully self contained attached 1 bed, 1 bath living space complete with its own private entrance, full kitchen, and living room. Ideal for multigenerational living, extended guests, private office space, or additional income potential while maintaining separation and privacy. The primary home offers spacious living areas, abundant natural light, and a functional layout designed for everyday living and entertaining. The second home is a 3 bedroom, 2 bathroom residence currently leased at 1,500 per month, with local property management estimating market rent closer to 2,000 per month, offering built-in upside. The lease may remain in place for an investor buyer or the home can be vacated for an owner-occupant purchase. Each home is serviced by separate electric meters and its own septic system, providing true independence between residences. The property features a gated entrance, extended driveway, mature trees, open usable acreage, and room for additional improvements, animals, or recreational use. A generator on site adds additional peace of mind. Enjoy peaceful country living with space to spread out while still being conveniently located near shopping, dining, schools, and major roadways. Whether you're looking for a family compound, house-hack opportunity, or long-term investment, properties with this layout and infrastructure rarely become available.
Full Property Details
Full Property Details for 3120 FM 499
General
- Price: $695,000
- Taxes: $6,451
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21180236
- Updated: 2/19/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: In-Law Floorplan, Multiple Master Suites
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Masonry
- Appliances: Dishwasher, Disposal, Refrigerator
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Spa: Yes
- Spa Description: Hot Tub
- Equipment: Generator
Exterior
- Porch/Patio/Deck: Deck, See Remarks
Parking
- Garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 4
- Parking Features: Attached Carport, Additional Parking, Concrete, Driveway, Electric Vehicle Charging Station(s), Garage, Deck, Private
Location
- County: Hunt
- Subdivision: Samuel Young Surv Abs #1190
- Driving Directions: From I-30 in Greenville, take Exit 93 toward TX-34. Head north on TX-34, then turn right onto FM 499. Continue on FM 499; property will be on the right. Look for gated entrance.
School Information
- Elem School District: Greenville ISD
- Midd School District: Greenville ISD
- High School District: Greenville ISD
- Elementary School: Crockett
- Middle School: Greenville
- High School: Greenville
Heating & Cooling
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Community/Coop
- Utility Description: Septic Available, See Remarks, Water Available
Structural Information
- Structure Type: Duplex
- Detached/Attached: Attached
- Roof: Composition
- Stories/Levels: 1
- Living Area: 3,868 Sq. Ft.
- Year Built: 1988
Additional Structures
- Other Structures: Guest House, Second Residence, Storage
Lot Features
- Lot Size (Acres): 3.013
- Lot Size (Sq. Ft.): 131,246.28
- Frontage: All Weather Road
- Lot Features: Acreage, Pasture, Pond on Lot
- Fencing (Description): Back Yard, Fenced, Front Yard, Gate
Water Features
- Water Front: Yes
- Water Front Desc.: Creek
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,451
- Terms: Cash, Conventional, Item1031Exchange, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: A1190 YOUNG SAMUEL, TRACT 1, ACRES 3.013
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 38209
- Block: 22
Listed by Freedom Key Realty, Jesse Collins
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Schools
Schools serving 3120 FM 499
School District:Greenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Lamar Elementary School, Greenville, TX 6321 Jack Finney Blvd, Greenville, TX 75401 | K-4 | 4.9 mi |
Greenville Middle School 3611 Texas Street, Greenville, TX 75401 | 7-8 | 6.3 mi |
Greenville High School 3515 Lions Lair Road, Greenville, TX 75402 | 9-12 | 6.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3120 FM 499
Date
Details
Price
Change
Source
2/14/2026
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3120 FM 499
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,033
-3%
$427,970
3%
2023
$5,163
-10%
$417,393
2%
2023
$5,745
4%
$408,002
9%
2022
$5,529
-2%
$375,890
13%
2021
$5,635
2%
$333,240
4%
2020
$5,524
7%
$321,400
22%
2019
$5,177
49%
$263,200
55%
2018
$3,471
12%
$169,670
13%
2017
$3,094
—
$150,000
—
2016
$3,097
34%
$150,000
38%
2015
$2,309
—
$108,740
—
2014
$2,317
139%
$108,740
117%
2013
$969
—
$50,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3120 FM 499
3120 Fm 499, Greenville, TX 75401 (MLS# 21180236) is a Duplex property with 4 bedrooms and 3 full bathrooms. 3120 Fm 499 is currently listed for $695,000 and was received on February 14, 2026. Want to learn more about 3120 Fm 499? Do you have questions about finding other Duplex real estate for sale in Greenville? You can browse all Greenville real estate or contact a Coldwell Banker agent to request more information.

