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$200,000
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Property Description
Exceptional Value at $200,000 Opportunities like this are becoming harder to find - a home with a large yard, established neighborhood, and pricing well below new construction. Located at 503 Pearl Street in Fannin County, this 1937 property sits on an oversized lot shaded by mature trees, offering space, privacy, and flexibility that newer homes simply don't provide at this price point. While new construction in the area may offer incentives, they often come with higher purchase prices, smaller lots, and less character. This home presents a different opportunity - buy at a lower price and create value over time. A covered front porch and extended patio provide inviting outdoor living space, while the expansive backyard offers room for gardening, pets, storage, or future improvements. Inside, the home features crown molding, wainscoting, and a brick wood-burning fireplace that anchors the main living area. The layout connects the living, dining, and kitchen spaces for practical everyday living. The kitchen includes white cabinetry with glass fronts, a gas range, peninsula seating, and a nearby laundry room with sliding barn door access. The primary bedroom is complemented by two additional bedrooms, allowing flexibility for guests, a home office, or hobbies. This property does need some TLC and is priced accordingly - making it an excellent opportunity for buyers looking to build equity, customize, or invest. Seller is willing to consider foundation repairs or buyer concessions with an acceptable offer, adding flexibility rarely seen at this price point. Conveniently located within reach of McKinney, Sherman, Plano, and the greater DFW area, this home offers a balance of accessibility and small-town living. If you've been searching for space, affordability, and long-term upside, 503 Pearl Street stands out as one of the best value opportunities in today's market.
Full Property Details
Full Property Details for 503 S Pearl St
General
- Price: $200,000
- Taxes: $4,838
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21105288
- Updated: 4/9/2026
- Added to Site: 164 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, High Speed Internet, Open Floorplan, Cable TV
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Masonry, Wood Burning
- Appliances: Some Gas Appliances, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Vented Exhaust Fan
- Flooring: Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage, Garage Faces Side
Location
- County: Fannin
- Subdivision: Riley Summers Add
- Driving Directions: from hwy 121 to Trenton go East on FM 814 to Saunders St take a right at stop sign S on FM 74 to Pearl St property on left sign on property
School Information
- Elem School District: Trenton ISD
- Midd School District: Trenton ISD
- High School District: Trenton ISD
- Elementary School: Trenton
- Middle School: Trenton
- High School: Trenton
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Natural Gas Available, Overhead Utilities, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Craftsman, Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,332 Sq. Ft.
- Year Built: 1937
Lot Features
- Lot Size (Acres): 0.341
- Lot Size (Sq. Ft.): 14,853.96
- Lot Size Source: Assessor
- Lot Features: Back Yard, Lawn, Few Trees
- Fencing (Description): Chain Link, Partial
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,838
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: RILEY SUMMERS ADDN, BLOCK 4, LOT N 1/2 OF 2,
- Property ID: 94643
- Block: 4
- Lot Number: 2
Listed by OnwardTX Real Estate Advisors, Barbara Thomas
Get Pre-Approved Today
Schools
Schools serving 503 S Pearl St
School District:Trenton Independent School District
| Name | Grades | Distance |
|---|---|---|
Trenton Elementary School 105 W Witherspoon, Trenton, TX 75490 | PK-4 | 0.1 mi |
Trenton Middle School 500 S Ballentine, Trenton, TX 75490 | 5-8 | 0.1 mi |
Trenton High School 500 S Ballentine, Trenton, TX 75490 | 9-12 | 1.1 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 503 S Pearl St
Date
Details
Price
Change
Source
4/09/2026
Price Reduced
$200,000
-4.76%
MLS
2/27/2026
Price Reduced
$210,000
-4.55%
MLS
1/13/2026
Price Reduced
$220,000
-7.95%
MLS
11/06/2025
Listed
$239,000
—
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 503 S Pearl St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,838
-5%
$210,700
-5%
2024
$5,111
108%
$222,580
6%
2018
$2,454
—
$210,080
17%
2018
$2,454
—
$179,070
33%
2018
$2,454
—
$134,500
9%
2018
$2,454
—
$123,820
1%
2018
$2,454
—
$122,810
23%
2018
$2,454
100%
$99,540
4%
2014
100%
$96,170
2%
2014
—
$93,830
—
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 503 S Pearl St
503 S Pearl Street, Trenton, TX 75490 (MLS# 21105288) is a Single Family property with 3 bedrooms and 2 full bathrooms. 503 S Pearl Street is currently listed for $200,000 and was received on November 06, 2025. Want to learn more about 503 S Pearl Street? Do you have questions about finding other Single Family real estate for sale in Trenton? You can browse all Trenton real estate or contact a Coldwell Banker agent to request more information.

