2320 Grangeway Rd Marshall, TX 75672
Estimated payment $4,475/month
Highlights
- Additional Residence on Property
- Stables
- Separate Formal Living Room
- Barn
- Ranch Style House
- No HOA
About This Home
Located on the sought-after Grangeway Rd, opportunities like this rarely come available. This sprawling ranch-style home sits on 5 beautiful acres, with 3.55 acres outside the city limits, offering space, flexibility, and endless possibilities. The main home features 4 bedrooms, 3 full baths, and 2 half baths, including a Jack-and-Jill bedroom layout as well as a bedroom with its own attached full bathroom. You’ll also find additional space off the main living area that could serve as a formal dining room, second lounge, or flexible gathering space. Several of the major updates have already been completed, including new windows installed in 2024 and two HVAC units (inside and out) replaced in 2024 and 2025. The roof on the home is approximately 7 years old, and the barn roof was replaced just 2 years ago, offering added peace of mind for the next owner. Step outside to a truly special outdoor setting featuring a covered patio overlooking a tranquil pond with a waterfall and well-established koi fish that will remain with the property, creating a peaceful retreat right in your backyard. The property also includes a separate 630 sq ft living space featuring two bedrooms and one bathroom, making it perfect for a mother-in-law suite, college student, potential rental income, or even a detached office for a work-from-home setup. This space has its own electric meter, and beneath it sits a two-car garage/workshop with washer and dryer hookups. For those needing additional space, the property features an impressive 3,163 sq ft barn with four stalls, complete with water, electricity, and a bathroom already in place. The barn also offers space for a potential loft bedroom, providing even more flexibility. With a little TLC, this barn could easily be brought back to life for horses, hobbies, or storage. A well on the property provides water for the garden area, adding to the functionality of the land.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,318
Year Built
- Built in 1972
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,540 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Blinds
- Family Room
- Separate Formal Living Room
- Breakfast Room
- Formal Dining Room
- Home Office
- Utility Room
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Dressing Area
- Jack-and-Jill Bathroom
- In-Law or Guest Suite
- Private Water Closet
- Bathtub with Shower
Parking
- 2 Car Garage
- Workshop in Garage
- Side Facing Garage
- Garage Door Opener
Outdoor Features
- Covered Patio or Porch
- Gazebo
- Separate Outdoor Workshop
- Outdoor Storage
- Rain Gutters
Schools
- Travis Elementary School
- Marshall Middle School
- Marshall High School
Horse Facilities and Amenities
- Tack Room
- Stables
Utilities
- Central Air
- Heating Available
Additional Features
- 5 Acre Lot
- Additional Residence on Property
- Barn
Community Details
- No Home Owners Association
- N B Phillips Subdivision
Map
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 | $3,139 | $445,150 | $29,320 | $415,830 |
| 2024 | $6,565 | $346,670 | $13,560 | $333,110 |
| 2023 | $6,516 | $360,150 | $13,560 | $346,590 |
| 2022 | $7,726 | $406,910 | $37,500 | $369,410 |
| 2021 | $7,458 | $346,360 | $30,000 | $316,360 |
| 2020 | $7,480 | $347,400 | $24,400 | $323,000 |
| 2019 | $7,617 | $342,810 | $24,400 | $318,410 |
| 2018 | $7,618 | $342,870 | $24,400 | $318,470 |
| 2017 | $7,515 | $338,230 | $24,400 | $313,830 |
| 2016 | $5,971 | $268,720 | $24,150 | $244,570 |
| 2015 | $4,665 | $333,700 | $23,000 | $310,700 |
| 2014 | $3,954 | $343,260 | $23,000 | $320,260 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2026 03/06/26 | For Sale | $735,000 | -- | $208 / Sq Ft |
Source: Greater Tyler Association of REALTORS®
MLS Number: 26003228
APN: R000007021
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Ask me questions while you tour the home.