About This Home

This 1-bedroom, 1-bathroom single family at 116 E Locust Street in Collinsville, TX is listed for $115,000 ($228 per sqft). Built in 1930, the home offers 504 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1930
  • 0.14 acre lot

Property Details

1 story
1 full
1930

Amenities

A/C
Listing Description

Located at 116 E Locust St in Collinsville, TX, this 1-bedroom, 1-bath home offers a great opportunity for investors or buyers seeking a simple, low-maintenance lifestyle. Currently operating as a short-term rental, this property is well-suited to continue generating income or to serve as an easy-to-manage personal residence.

With approximately 504 square feet of living space , the layout is efficient and functional, featuring a comfortable living area, dedicated dining space, and a practical kitchen setup. The home sits on a manageable lot with city utilities in place, making ownership straightforward and hassle-free.

Whether you're looking to expand your rental portfolio, secure a turnkey short-term rental, or downsize into something more manageable, this property checks the boxes. Affordable, flexible, and easy to maintain-this is a great option in the growing Collinsville area.

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

116 E Locust Street

Collinsville, TX 76233

Waldos 2nd Add

Features & Amenities

Interior Features

HighSpeedInternet

Property Details

Parking

Carport

Heating

Heat Pump (Heating)

Cooling

Window Unit(s)

Appliances

ElectricCooktop

Questions & Answers

This 1-bedroom, 1-bathroom single family at 116 E Locust Street is listed at $115,000 ($228/sqft). The estimated monthly payment is $616 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.14 acre lot. Interior Features: HighSpeedInternet.

This property is listed by Cory Meals and can be reached at (888) 519-7431.

CM

Cory Meals

Agent at eXp Realty, LLC

(888) 519-7431

Listed by eXp Realty, LLC · Broker phone: (888) 519-7431 · View on Broker Site

MLS# 21247713· Source: North Texas Real Estate Information Systems, Inc.· 147 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

116 E Locust Street, Collinsville, TX 76233

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