About This Home

This 2-bedroom, 2-bathroom mobile home at 240 E Elm Drive in Murchison, TX is listed for $78,000 ($82 per sqft). Built in 1977, the home offers 952 sqft of living space on a 0.88 acres lot.

Key Features

  • Built in 1977
  • 0.88 acre lot
  • Fireplace

Property Details

1 story
2 full
1977

Amenities

Fireplace
Listing Description

INVESTOR OPPORTUNITY - Rare chance to acquire four lots for the price of one in the gated Hickory Hills HOA on Callender Lake in Murchison, TX. This corner property includes a 2-bedroom, 2-bath mobile home with lake views and road frontage on all four lots.

Property is currently occupied. The home needs repairs and is being sold as-is, making it ideal for investors, flippers, or developers. Keep and renovate the existing home, or remove the home and split into four individual buildable lots - strong upside potential either way.

This Subdivision allows for Tiny Homes, RVs, Mobile Homes are all allowed. HOA amenities include private gated access, private boat ramp, swimming pool, park, and large pavilion. Property features a fenced backyard, storage building, large tornado shelter, and wood-burning stove in the living area.

Road access is solid, utilities connected, and the rear of the property offers mature trees with a creek running behind all four lots, adding value, privacy, and drainage. Lake-area demand plus gated access makes this a strong long-term hold, flip, or resale play. Priced for condition and potential. Bring offers.

Monthly Cost Estimate

$447/mo

20% down · 6.5% · 30 years

Principal$56
Interest$338
Insurance$23
HOA$30

Estimates only. Actual payments may vary.

Location

240 E Elm Drive

Murchison, TX 75778

Hickory Hills II

Features & Amenities

Interior Features

OpenFloorplan

Property Details

Appliances

ElectricRangeElectricWaterHeater

Questions & Answers

This 2-bedroom, 2-bathroom mobile home at 240 E Elm Drive is listed at $78,000 ($82/sqft). The estimated monthly payment is $447 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $30/month.

Key features include: Built in 1977, 0.88 acre lot, Fireplace. Interior Features: OpenFloorplan.

This property is listed by Norma Barrett.

NB

Norma Barrett

Agent at Coldwell Banker, Anderson Real

Listed by Coldwell Banker, Anderson Real · Broker phone: (903) 567-6519 · View on Broker Site · Broker website

MLS# 21156905· Source: North Texas Real Estate Information Systems, Inc.· 2 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.

240 E Elm Drive, Murchison, TX 75778

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