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.
For sale
$115,000
116 E Locust St, Collinsville, TX 76233
1beds
504sqft
Single Family Residence
Built in 1930
6,185 Square Feet Lot
$-- Zestimate®
$228/sqft
$-- HOA
What's special
Dedicated dining spaceManageable lotPractical kitchen setup
- 71 days |
- 250 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Cory Meals 0636222,
eXp Realty LLC 888-519-7431
Source: NTREIS,MLS#: 21247713
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Heat Pump
Cooling
- Window Unit(s)
Appliances
- Included: Electric Cooktop
Features
- High Speed Internet
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 504 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 6,185 Square Feet
Details
- Parcel number: 139105
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Waldos 2nd Add
HOA
- Has HOA: No
Location
- Region: Collinsville
Financial & listing details
- Price per square foot: $228/sqft
- Tax assessed value: $93,785
- Annual tax amount: $2,042
- Date on market: 4/24/2026
- Cumulative days on market: 72 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$967/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listed for sale | $115,000$228/sqft |
Source: NTREIS #21247713 Report a problem | ||
| 3/28/2019 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,042 +2.2% | $93,785 +4.3% |
| 2024 | $1,998 +26% | $89,946 +6.9% |
| 2023 | $1,586 +26.7% | $84,160 +26% |
| 2022 | $1,252 +2.4% | $66,796 +21.7% |
| 2021 | $1,222 | $54,883 -2.3% |
| 2020 | -- | $56,188 +5.1% |
| 2019 | $1,223 | $53,455 +28% |
| 2018 | -- | $41,778 +3.4% |
| 2017 | -- | $40,404 +8.8% |
| 2016 | -- | $37,133 +87.7% |
| 2015 | -- | $19,787 |
| 2014 | -- | $19,787 +0.3% |
| 2013 | -- | $19,723 +9.7% |
| 2012 | -- | $17,982 -0.1% |
| 2011 | -- | $17,997 -11.8% |
| 2010 | -- | $20,402 -2.1% |
| 2009 | -- | $20,838 -2.5% |
| 2008 | -- | $21,383 |
| 2007 | -- | $21,383 0% |
| 2006 | -- | $21,389 +35.4% |
| 2005 | -- | $15,793 +2.2% |
| 2004 | -- | $15,447 -3.5% |
| 2002 | -- | $16,002 +70% |
| 2001 | -- | $9,414 +0.1% |
| 2000 | -- | $9,402 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 76233
Nearby schools
GreatSchools rating
- 7/10Collinsville Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Collinsville High SchoolGrades: 6-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Collinsville
- Middle: Collinsville
- High: Collinsville
- District: Collinsville ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Grayson County
- Collinsville
- 76233
- 116 E Locust St
Nearby cities
Nearby zip codes
Other Collinsville Topics
