$2,690,000
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6 Beds
5 Baths
4,040 SqFt
SOLD DATE : 07/15/2025
Key Details
Property Type Single Family Home
Sub Type Farm/Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 4,040 sqft
Price per Sqft $665
Subdivision Na
MLS Listing ID 20895937
Sold Date 07/15/25
Style Ranch,Southwestern
Bedrooms 6
Full Baths 5
HOA Y/N None
Year Built 1973
Lot Size 101.896 Acres
Acres 101.896
Property Sub-Type Farm/Ranch
Property Description
OWNER FINANCING AVAILABLE. Breathtaking views from one of the highest points in Grayson County! There is NO flood zone on the property. There are 2 houses on this property; details below. This exceptional property is perfect for weekend retreats, your future dream home, or an incredible investment opportunity. With stunning evening sunsets, a small lake for fishing and paddle boating, and multiple producing pecan and fruit trees, this property offers both beauty and functionality.
The main house (2500 Sqft) features 4 bedrooms, 3 full bathrooms, a game room, a formal dining area, and a recently remodeled kitchen—ideal for comfortable living or entertaining. Additionally, there's a guest house (1500 Sqft) with 2 bedrooms, 2 full bathrooms, a spacious living room, and a large kitchen with ample storage and counter space. (The property is currently rented).
For ranch enthusiasts or agricultural use, the property includes:
• A large metal barn-workshop for storing equipment or ATVs
• A cow barn, catch pen, and loading chute
• Cross-fencing for livestock management
• A storage shed for added convenience
Location Highlights
• Opposite Grayson County Speedway and adjacent to Willowood Ranch & Chapel (300+ acres).
• Just a 15-minute drive to Sherman, TX, home to $29 billion investment from Texas Instruments and $5 billion from GlobalWafers
Potential Uses
This versatile property offers endless possibilities:
• Ranch or horse property
• Residential subdivision (utilities available to serve up to 70 lots)
• RV park or Airbnb vacation rental opportunities
• Event venue for weddings or retreats
Location
State TX
County Grayson
Direction Opposite Grayson County Speedway. Put the Property address of 159 Speedway Rd Bells TX 75414 in the mobile apps. Hwy 75 to Sherman, take exit 58 to Hwy 56 (W Lamar), turn right and continue to Pink Hill Road, follow Pink Hill Road to Speedway Road, turn right on Speedway
Rooms
Dining Room 1
Interior
Interior Features Cable TV Available, High Speed Internet Available, Smart Home System
Heating Central, Space Heater
Cooling Central Air
Flooring Ceramic Tile, Laminate, Stone, Vinyl
Appliance Dishwasher, Microwave, Refrigerator, Other
Heat Source Central, Space Heater
Exterior
Exterior Feature Outdoor Living Center, Stable/Barn, Storage
Garage Spaces 2.0
Fence Barbed Wire, Cross Fenced, Metal
Utilities Available Aerobic Septic, Co-op Electric, Concrete, Outside City Limits, Private Road, Private Water
Total Parking Spaces 2
Garage Yes
Building
Lot Description Acreage, Landscaped, Tank/ Pond, Water/Lake View
Story One
Level or Stories One
Structure Type Brick,Siding,Stucco
Schools
Elementary Schools Bells
High Schools Bells
School District Bells Isd
Others
Restrictions Mobile Home Only,No Smoking,No Sublease,Pet Restrictions
Ownership Vir Palande
Acceptable Financing Cash, Conventional, FHA, Owner Will Carry, Private Financing Available, VA Loan
Listing Terms Cash, Conventional, FHA, Owner Will Carry, Private Financing Available, VA Loan
Financing Seller Financing
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Bought with Rhonda Salicos • Easy Life Realty
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REALTOR® | Lic# 577366