121212121212121
121212121212121
3 Beds
1 Baths
1,964 sq ft
MLS 20945604
MLS 20945604
Beds
Baths
Sq Ft
This unique investment opportunity includes two tenant-occupied properties on Rice Street, being sold together as part of a 7-property portfolio. The first home, built in 1930, features 3 bedrooms, 1 bath, and 1,268 sqft of living space. It offers solid rental income with room for added value through light rehab. The second home, built in 1985, is a newer 2-bedroom, 2-bath property with 1,184 sqft, requiring only minor cosmetic updates to maximize its potential. Both properties are cash-flowing and ideal for investors seeking turnkey rentals with upside. Please note: these properties will not qualify for FHA or VA financing. A 1-week notice is required for all showings, and proof of funds or a pre-approval letter must be submitted prior to scheduling. Do not disturb tenants.
On the market for 97 days
Single Family built in 1930
.5 sq ft lot
$71 per sq ft
No Pool
Summary of the property details
Beds:
3
Baths:
1
Sq. Ft:
1,964
Stories:
2
Year Built:
1930
County:
Grayson
Last updated Aug 7, 2025
Parking, utilities, etc for the listing
Additional Fee:
N/A
Restrictions:
N/A
Disclosures:
N/A
Year Built:
1930
New Construction:
N/A
Subdivision:
N/A
Area:
N/A
Master Planned:
N/A
Style:
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Type:
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Sub Type:
N/A
Garage Type:
N/A
# of Bedrooms:
3
# of Baths (Full):
N/A
# of Fireplaces:
N/A
Fireplaces Description:
N/A
Room Description:
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Bedroom Description:
N/A
Kitchen Description:
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Dishwater:
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Range Type:
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Oven Type:
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Disposal:
N/A
Compactor:
N/A
Countertops:
N/A
Cable:
N/A
Cool System:
N/A
Appliances:
Other
Loft:
N/A
Furnished:
N/A
Floors:
N/A
Private Pool:
N/A
Pool Area:
N/A
Features:
N/A
Water / Sewer:
N/A
Building Stories:
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Complex Access:
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Lot Description:
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# of Garage Parking Spaces:
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Garage Type:
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Parking Desc:
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Garage Carport:
N/A
Application Fee:
N/A
Rental Terms:
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Smoking Allowed:
N/A
Deposit Pet:
N/A
Pets Allowed:
N/A
Elementary
Middle
High School
No upcoming open houses
eXp Realty LLC
Homes similar to 616 & 618 Rice Street are listed between $259,900 and $699,000 at and average of $204 per square foot.