Charming 2-bedroom, 2-bathroom home located in the quiet, close-knit community of Wolfe City, TX. Previously used as a rental, this property presents a great opportunity for investors seeking a cash-flowing asset or a potential fix-and-flip project. Some updates have already been completed, and with a little more TLC it can truly shine.
The home features a spacious backyard with a storage shed, offering added value and versatility. Whether you’re looking to expand your investment portfolio or find a cozy space with equity potential.
Wolfe City is just about 20 minutes from Commerce, 45 minutes from McKinney, and just over an hour from Dallas—offering a peaceful small-town lifestyle with access to nearby city amenities.
Located in a good school district (Wolfe City ISD), this home is a smart pick for buy-and-hold investors or those looking to renovate and resell. Don’t miss this affordable opportunity in a growing area!
Sold
Price Unknown
206 S Preston St, Wolfe City, TX 75496
2beds
1,230sqft
Single Family Residence
Built in 1968
9,844 Square Feet Lot
$136,000 Zestimate®
$--/sqft
$1,510 Estimated rent
Home value
$136,000
$118,000 - $156,000
$1,510/mo
Zestimate® history
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Spacious backyard
Zillow last checked:
Listing updated:
Listed by:
Johanna Hernandez 0751627 214-695-2745,
Monument Realty 214-705-7827
Bought with:
Osonna Myrick
Monument Realty
Source: NTREIS,MLS#: 20893257
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Dimensions: 10 x 16
Bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Dimensions: 10 x 10
Dining room
- Level: First
- Dimensions: 9 x 10
Kitchen
- Level: First
- Dimensions: 8 x 12
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 12 x 12
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Oven, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan
- Laundry: Laundry in Utility Room
Features
- Paneling/Wainscoting
- Flooring: Combination, Hardwood
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,230 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Additional Parking, Driveway, Garage Faces Front, Garage
- Attached garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 9,844 Square Feet
- Features: Cleared, Few Trees
Details
- Additional structures: Storage
- Parcel number: 74418
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Water Available
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Orig Town Of Wolfe City
HOA
- Has HOA: No
Location
- Region: Wolfe City
Financial & listing details
- Tax assessed value: $71,860
- Annual tax amount: $1,807
- Date on market: 4/4/2025
- Cumulative days on market: 60 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA 203(k)
- Exclusions: All tools, equiptment, and construction supplies in the garage & storage, along with personal items inside the home, will be removed before closing.
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | -- |
Source: NTREIS #20893257 Report a problem | ||
| 6/11/2025 | Pending sale | $145,000$118/sqft |
Source: NTREIS #20893257 Report a problem | ||
| 6/6/2025 | Contingent | $145,000$118/sqft |
Source: NTREIS #20893257 Report a problem | ||
| 4/30/2025 | Price change | $145,000-3.3%$118/sqft |
Source: NTREIS #20893257 Report a problem | ||
| 4/15/2025 | Price change | $150,000-6.3%$122/sqft |
Source: NTREIS #20893257 Report a problem | ||
| 4/4/2025 | Listed for sale | $160,000+61.6%$130/sqft |
Source: NTREIS #20893257 Report a problem | ||
| 5/10/2024 | Sold | -- |
Source: NTREIS #20527437 Report a problem | ||
| 4/30/2024 | Contingent | $99,000$80/sqft |
Source: NTREIS #20527437 Report a problem | ||
| 3/7/2024 | Listed for sale | $99,000-13.2%$80/sqft |
Source: NTREIS #20527437 Report a problem | ||
| 3/3/2024 | Contingent | $114,000$93/sqft |
Source: NTREIS #20527437 Report a problem | ||
| 2/3/2024 | Listed for sale | $114,000$93/sqft |
Source: NTREIS #20527437 Report a problem | ||
| 3/7/2019 | Listing removed | $875$1/sqft |
Source: J. Elmer Turner, REALTORS, Inc #14015785 Report a problem | ||
| 2/3/2019 | Listed for rent | $875$1/sqft |
Source: J. Elmer Turner, REALTORS, Inc #14015785 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,084 -40% | $71,860 -19.6% |
| 2024 | $1,807 +12.3% | $89,410 +10.7% |
| 2023 | $1,609 -6.7% | $80,780 +10.1% |
| 2022 | $1,724 +13.8% | $73,360 +22% |
| 2021 | $1,515 +34.4% | $60,150 +33% |
| 2020 | $1,127 -16.3% | $45,220 -11.3% |
| 2019 | $1,346 -15.7% | $50,980 -13.1% |
| 2018 | $1,596 +125.6% | $58,660 +47.2% |
| 2017 | $708 -1.5% | $39,860 -1.8% |
| 2016 | $718 -2% | $40,580 -3.3% |
| 2015 | $733 | $41,980 +17.1% |
| 2014 | $733 | $35,850 -4.5% |
| 2013 | -- | $37,540 +0.8% |
| 2012 | -- | $37,260 -4.9% |
| 2011 | -- | $39,160 -0.6% |
| 2010 | -- | $39,410 -1.6% |
| 2009 | -- | $40,070 -3.3% |
| 2008 | -- | $41,450 +3.6% |
| 2007 | -- | $40,010 +10.6% |
| 2006 | -- | $36,190 +24.1% |
| 2005 | -- | $29,160 +8.9% |
| 2004 | -- | $26,780 +11.4% |
| 2002 | -- | $24,040 |
| 2001 | -- | $24,040 |
| 2000 | -- | $24,040 |
Find assessor info on the county website
Neighborhood: 75496
Nearby homes
- $92,0002 bd2 ba1.4k sqft210 S Preston St, Wolfe City, TX 75496Off Market
- $--3 bd2 ba2.2k sqft200 S Preston St, Wolfe City, TX 75496Sold
- $145,200-- bd8 ba1k sqft107 E Franklin St, Wolfe City, TX 75496Off Market
- $238,100-- bd10 ba2.6k sqft214 S Preston St, Wolfe City, TX 75496Off Market
- $83,460-- bd-- ba1.5k sqft209 S Santa Fe St, Wolfe City, TX 75496Off Market
- $117,080-- bd5 ba3k sqft201 S Santa Fe St, Wolfe City, TX 75496Off Market
- $122,150-- bd5 ba1.8k sqft205 S Santa Fe St #1, Wolfe City, TX 75496Off Market
- $123,250-- bd-- ba2.6k sqft211 S Santa Fe St, Wolfe City, TX 75496Off Market
Nearby schools
GreatSchools rating
- 4/10Wolfe City Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Wolfe City Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Wolfe City High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Wolfecity
- Middle: Wolfecity
- High: Wolfecity
- District: Wolfe City ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$136,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$136,000
- Texas
- Hunt County
- Wolfe City
- 75496
- 206 S Preston St
Nearby cities
Nearby zip codes
Other Wolfe City Topics
