116 E Locust St Collinsville, TX 76233
Estimated payment $784/month
Highlights
- Traditional Architecture
- High Speed Internet
- Heat Pump System
- 1-Story Property
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,042
Year Built
- Built in 1930
Lot Details
- 6,186 Sq Ft Lot
Parking
- 1 Carport Space
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 504 Sq Ft Home
- 1-Story Property
- Electric Cooktop
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Schools
- Collinsville Elementary School
- Collinsville High School
Utilities
- Window Unit Cooling System
- Heat Pump System
- High Speed Internet
Community Details
- Waldos 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 139105
- Tax Block 13
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,998 | $93,785 | $39,464 | $54,321 |
| 2024 | $1,998 | $89,946 | $26,721 | $63,225 |
| 2023 | $1,586 | $84,160 | $19,175 | $64,985 |
| 2022 | $1,252 | $66,796 | $19,175 | $47,621 |
| 2021 | $1,194 | $54,883 | $19,175 | $35,708 |
| 2020 | $1,286 | $56,188 | $18,866 | $37,322 |
| 2019 | $1,300 | $53,455 | $6,557 | $46,898 |
| 2018 | $1,030 | $41,778 | $6,784 | $34,994 |
| 2017 | $1,001 | $40,404 | $6,784 | $33,620 |
| 2016 | $920 | $37,133 | $5,440 | $31,693 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/24/2026 04/24/26 | For Sale | $115,000 | -- | $228 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Red River Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $45,600 | New Conventional |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21247713
APN: 139105
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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