About this home

Rare multi-home property offering space, flexibility, and built-in value in the quiet community of Bailey. This .75-acre property includes two separate homes: a 4-bedroom main mobile home plus a charming 2-bedroom cottage, ideal for multi-generational living, rental income, or a private guest retreat which features approximately 1500 sq ft, durable LVP flooring in main areas, and cozy carpeted bedrooms. Enjoy outdoor living on the covered wooden deck, perfect for morning coffee or evening relaxation. The high-end appliances stay with the home, such as washing machine, dryer, and commercial upright freezer. The second home is a 2-bedroom, single bath cottage offering additional living space, guest accommodations, or investment potential. Each home includes two- car carport, a large storage shed, and a spacious yard suited for projects, gardening, or outdoor enjoyment. Conveniently located about 15 miles from Bonham, this property offers peaceful small-town living with easy access to shopping, dining, and everyday amenities. A versatile setup with two homes, multiple outbuildings, and modern updates-a standout opportunity ready for your next chapter.

Facts and features

Schools

• Rather L High School

  middle · 7-8 · 10.7 mi

  5

• Evans Elementary School

  elementary · 4-6 · 10.7 mi

  5

• Bonham High School

  high · 9-12 · 11.2 mi

  3

• Alpha Omega Christian School

  elementary · K-10 · 4.2 mi

• Finley-Oates Elementary School

  elementary · K-3 · 11.3 mi

  3

Price history

• Oct 1, 2026 · Listed$235,000
• Sep 30, 2026 · Listing Removed—
• Jun 4, 2026 · Listed$235,000

Tax history

• 2025$551 tax · $34,020 assessed
• 2023$838 tax · $50,640 assessed
• 2022$724 tax · $38,220 assessed
• 2021$223 tax · $10,470 assessed
• 2020$187 tax · $8,190 assessed
• 2019$190 tax · $8,190 assessed
• 2018$184 tax · $7,530 assessed
• 2017$184 tax · $7,530 assessed

Home value

$233,000

• Collateral Analytics$233,000
• Quantarium$233,039
• Cotality$227,800

Where it is