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$230,000 Just Listed
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Property Description
Investor Special with Income Potential and Country Charm Interior photos coming soon. Great opportunity in Maypearl, Texas to restore and reimagine a home full of character and potential. This 2 bedroom, 2 bathroom, 1,854 sq ft single-story residence offers a flexible layout with original interior features and a foundation ready for transformation. A standout feature is the private living quarters with income-earning potential, ideal for multi-use living or investment possibilities. The property also includes an attached oversized garage that can double as a workshop, providing ample space for tools, hobbies, or storage. Enjoy peaceful country living with a front porch and back deck that offer outdoor space to relax or entertain. The partially fenced property provides flexibility for pets, gardening, or future improvements. Located in a desirable rural setting, this home offers convenient access to Hwy 35W and Hwy 35E, making commuting to surrounding areas simple and efficient while still enjoying a quiet country lifestyle. Whether you are an investor, renovator, or buyer looking for a project with upside potential, this property presents a rare opportunity to create value in a growing area. Great project home or investment. House has great character, just needs some TLC. House is being sold As Is.
Full Property Details
Full Property Details for 505 Main St
General
- Price: $230,000
- Taxes: $3,976
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21282030
- Updated: 5/28/2026
- Added to Site: Today
Interior
- Interior Features: Kitchen Island, Open Floorplan, Natural Woodwork
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Parking Features: Additional Parking
Location
- County: Ellis
- Subdivision: O T Maypearl-Rev
- Driving Directions: From 35E: Take exit 399A from S Interstate 35 E S, Turn right onto FM 66 W From 35W: Take exit 15 for Farm to Market Rd 916 E, Follow FM 916 E Follow GPS
School Information
- Elem School District: Maypearl ISD
- Midd School District: Maypearl ISD
- High School District: Maypearl ISD
- Elementary School: Maypearl
- Middle School: Maypearl
- High School: Maypearl
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Space Heater
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Roof: Shingle
- Stories/Levels: 1
- Living Area: 1,854 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.264
- Lot Size (Sq. Ft.): 11,499.84
- Fencing (Description): Back Yard
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $3,976
Disclosures and Reports
- Legal Description: LOT 3-4 BLK 31 O T MAYPEARL-REV .264 AC
- Property ID: 165152
- Block: 31
- Lot Number: 3
Listed by Ebby Halliday, REALTORS, Victoria Martinez
Get Pre-Approved Today
Schools
Schools serving 505 Main St
School District:Maypearl Independent School District
| Name | Grades | Distance |
|---|---|---|
Lorene Smith Kirkpatrick Elementary School 1024 Fourth Street, Maypearl, TX 76064 | 2-5 | 0.5 mi |
Maypearl Pri 400 Panther Street, Maypearl, TX 76064 | PK-1 | 0.5 mi |
Maypearl Middle School 1025 West Fourth Street, Maypearl, TX 76064 | 6-8 | 0.6 mi |
Maypearl High School 600 Phillips Street, Maypearl, TX 76064 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Main St
Date
Details
Price
Change
Source
5/28/2026
Listed
$230,000
—
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 505 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,945
-8%
$220,060
3%
2023
$4,274
—
$213,200
-8%
2023
$4,274
125%
$230,871
4%
2022
$1,900
-52%
$221,177
25%
2021
$3,981
66%
$177,570
68%
2020
$2,393
106%
$105,980
134%
2018
$1,160
-1%
$45,200
4%
2017
$1,173
-2%
$43,600
2%
2016
$1,192
14%
$42,690
—
2015
$1,044
-27%
$42,710
-28%
2019
$1,439
-28%
$58,970
32%
2013
$2,006
—
$44,750
-40%
2013
$2,006
—
$75,030
—
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 505 Main St
505 Main Street, Maypearl, TX 76064 (MLS# 21282030) is a Single Family property with 2 bedrooms and 2 full bathrooms. 505 Main Street is currently listed for $230,000 and was received on May 28, 2026. Want to learn more about 505 Main Street? Do you have questions about finding other Single Family real estate for sale in Maypearl? You can browse all Maypearl real estate or contact a Coldwell Banker agent to request more information.

