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$145,000 Just Listed
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Property Description
Investor Special - Prime Redevelopment Opportunity on Double Lot Attention investors, builders, and visionaries! This property presents a rare opportunity for a full renovation or complete redevelopment. Situated on are two spacious lots, totaling .33 acre. The potential here is unmatched-restore the existing structure or tear down and build two new homes. The current home is in need of extensive repairs and heavy rehab, making it ideal for experienced investors looking for their next project. With ample land and flexible possibilities, this property is perfect for maximizing value in a growing area. Whether you're looking to renovate and resell, create rental income, or develop new construction, this property offers endless upside. Sold as-is. No repairs will be made. Bring your plans and your vision! Listing agent is the owner of the property
Full Property Details
Full Property Details for 402 Locust
General
- Price: $145,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21241587
- Updated: 4/17/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Open Floorplan
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Direct Access
Location
- County: Grayson
- Subdivision: Whitewright Sears H C
- Driving Directions: GPS
School Information
- Elem School District: Whitewright ISD
- Midd School District: Whitewright ISD
- High School District: Whitewright ISD
- Elementary School: Whitewright
- Middle School: Whitewright
- High School: Whitewright
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Stories/Levels: 1
- Living Area: 1,927 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Sq. Ft.): 0.33
- Lot Size Source: Assessor
- Lot Dimensions: 14201
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash
Disclosures and Reports
- Property ID: 170943
Listed by Norvell & Co LLC, Paul Tharman
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Schools
Schools serving 402 Locust
School District:Whitewright Independent School District
| Name | Grades | Distance |
|---|---|---|
Whitewright Elementary School 305 West Highland Drive, Whitewright, TX 75491 | PK-5 | 0.8 mi |
Whitewright Middle School 315 West Highland Drive, Whitewright, TX 75491 | 6-8 | 0.8 mi |
Whitewright High School 304 Echols Lane, Whitewright, TX 75491 | 9-12 | 0.9 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 402 Locust
Date
Details
Price
Change
Source
4/16/2026
Listed
$145,000
—
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 402 Locust
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,431
-13%
$77,818
4%
2023
$1,639
16%
$74,812
-13%
2022
$1,407
—
$86,134
31%
2022
$1,407
24%
$65,967
27%
2021
$1,134
41%
$51,783
49%
2020
$807
8%
$34,741
20%
2018
$745
2%
$28,858
5%
2017
$729
22%
$27,496
13%
2016
$599
-42%
$24,395
-34%
2015
$1,034
27%
$37,146
14%
2019
$812
-11%
$32,665
-1%
2014
$916
17%
$32,925
17%
2013
$780
—
$28,031
—
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 402 Locust
402 Locust, Whitewright, TX 75491 (MLS# 21241587) is a Single Family property with 4 bedrooms and 2 full bathrooms. 402 Locust is currently listed for $145,000 and was received on April 16, 2026. Want to learn more about 402 Locust? Do you have questions about finding other Single Family real estate for sale in Whitewright? You can browse all Whitewright real estate or contact a Coldwell Banker agent to request more information.

