Location
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.
Property Details
Price:
$115,000
MLS #:
21247713
Status:
Active
Beds:
1
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Waldos 2nd Add
Listed Date:
Apr 24, 2026
Finished Sq Ft:
504
Lot Size:
6,185 sqft / 0.14 acres (approx)
Year Built:
1930
Schools
School District:
Collinsville ISD
Elementary School:
Collinsville
High School:
Collinsville
Interior
Bathrooms Full
1
Cooling
Window Unit(s)
Heating
Heat Pump
Interior Features
High Speed Internet Available
Number Of Living Areas
1
Exterior
Carport Spaces
1
Construction Materials
Siding
Lot Size Area
0.1420
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address116 E Locust Street Collinsville TX
- SubdivisionWaldos 2nd Add
- CityCollinsville
- CountyGrayson
- Zip Code76233
Subdivisions in Collinsville
- Adamsons Add
- Bbb & Crr Surv Abs # 167
- Bloomfield Jt
- Boggs H
- Charles Qajlimi Surv Abs #989
- Charles Quillen
- Coffee H
- Coffee H 0223
- Collins L M & C C 1st Add
- CORUR4 CLS4 RURAL COLLINSVILLE
- Country Road on the lake
- Country roads on the lake
- Cox Add Sec One
- DAWKINS VARLEY ADDITION SHORT PLAT
- Denton Add Sec 1
- Denton Add Sec 2
- Denton Add Sec 3
- Denton Add Sec Four
- Denton Wc
- Equestrian Acres
- Ethel Cemetery Addition
- Ethel Cemetery Road Addn Phase II
- G-0167 B B B & C R R A-G0167, ACRES 35.046
- G-0167 BBB & CRRA
- G-0441 Garland James
- G-0456 GILMAN SAMUEL
- G-0780
- G-0989 QUILLEN CHARLES A-G0989
- G-0989 QUILLEN CHARLES A-G0989, ACRES 34.172, PT O
- G-1235 Thomas J M A AC 11.25
- G-8462
- Grayson County Estates
- kitchen patsy
- Logsdon Jo
- Meredith David W
- MORGAN CLAIBORNE
- NEATHERY ADDN REPLAT
- Oak Creek Estates
- Original
- Osborne JL A-G0922
- Palms John
- Park Ridge
- Park Ridge Add
- Park Ridge Add Sec Tw
- Park Ridge Addition
- Park Ridge Phase 3
- Quillen Charles
- QUILLEN CHARLES A-G0989
- Rockwood Lc
- Star View Addition
- Stewart Hentry A-G1072
- TBD
- Toby T
- Troutz Christopher
- Waldos 1st Add
- West Line Rd.
- Windhaven Add
- Windhaven Farms
Market Summary
Current real estate data for Single Family in Collinsville as of Jun 12, 2026
33
Single Family Listed
96
Avg DOM
383
Avg $ / SqFt
$801,858
Avg List Price
Property Summary
- Located in the Waldos 2nd Add subdivision, 116 E Locust Street Collinsville TX is a Single Family for sale in Collinsville, TX, 76233. It is listed for $115,000 and features 1 beds, 1 baths, and has approximately 504 square feet of living space, and was originally constructed in 1930. The current price per square foot is $228. The average price per square foot for Single Family listings in Collinsville is $383. The average listing price for Single Family in Collinsville is $801,858. To schedule a showing of MLS#21247713 at 116 E Locust Street in Collinsville, TX, contact your Aaron Layman Properties agent at 940-209-2100.
116 E Locust Street
Collinsville, TX