# 402 Locust, Whitewright, TX 75491

> **TL;DR:** 4bd/2ba single family, $125,000 ($65/sqft), built 1900, 1,927 sqft. Est. $542/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $125,000 |
| Price/sqft | $65 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,927 |
| Year Built | 1900 |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $542 |
| **Total** | **$542** |

## Nearby Schools

- **Elementary:** Whitewright

## Property Highlights

- Built in 1900

## Description

### Agent 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

## Location

- **Address:** 402 Locust, Whitewright, TX 75491
- **County:** Grayson
- **Neighborhood:** Whitewright Sears H C

## Listing Agent

- **Name:** Paul Tharman
- **Brokerage:** Norvell & Co LLC
- **Phone:** 2149910368
- **Email:** paul@tharmangroup.com

## Primary Photo

![402 Locust - Primary Photo](http://lh.rdcpix.com/cab7ed8c134949e38abd4e2c28a3065cl-f560157024r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/402-locust-whitewright-tx-75491-21241587)*

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**MLS#:** 21241587 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/402-locust-whitewright-tx-75491-21241587)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "402 Locust, Whitewright, TX 75491",
  "description": "Investor Special – Prime Redevelopment Opportunity on Double Lot\r\nAttention 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.\r\nThe current home is in need of extensive repairs and heavy rehab, making it ideal for experienced investors looking for their next project.",
  "url": "https://www.propertysimple.com/listing/402-locust-whitewright-tx-75491-21241587",
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  "datePosted": "2026-06-17",
  "price": 125000,
  "priceCurrency": "USD",
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    "addressLocality": "Whitewright",
    "addressRegion": "TX",
    "postalCode": "75491",
    "addressCountry": "US"
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  "numberOfBedrooms": 4,
  "numberOfBathroomsTotal": 2,
  "numberOfFullBathrooms": 2,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 1927,
    "unitCode": "FTK"
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  "yearBuilt": 1900
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```