Skip to main contentSkip to navigation
1 / 40

Land with Home for Sale in Greenville, Texas

3120 FM 499, Greenville, TX 75401

$597,500
3 acres
Pending sale
Under contract

Have you ever dreamed of owning a gated multi dwelling oasis on acreage just minutes from town? It sounds too good to be true, but lucky for you, it's not. Situated on approximately 3 acres in Greenville, this rare property offers privacy, flexibility, and long-term potential with two separate homes on one property. The main residence features 4 bedrooms and 3 full bathrooms, including a fully self contained attached 1 bed, 1 bath living space complete with its own private entrance, full kitchen, and living room. Ideal for multigenerational living, extended guests, private office space, or additional income potential while maintaining separation and privacy. The primary home offers spacious living areas, abundant natural light, and a functional layout designed for everyday living and entertaining. The second home is a 3 bedroom, 2 bathroom residence currently leased at 1,500 per month, with local property management estimating market rent closer to 2,000 per month, offering built-in upside. The lease may remain in place for an investor buyer or the home can be vacated for an owner-occupant purchase. Each home is serviced by separate electric meters and its own septic system, providing true independence between residences. The property features a gated entrance, extended driveway, mature trees, open usable acreage, and room for additional improvements, animals, or recreational use. A generator on site adds additional peace of mind. Enjoy peaceful country living with space to spread out while still being conveniently located near shopping, dining, schools, and major roadways. Whether you're looking for a family compound, house-hack opportunity, or long-term investment, properties with this layout and infrastructure rarely become available. The sellers are motivated and ready to make a move, creating an incredible opportunity for the next owner. Properties like this rarely hit the market in Greenville, so bring your offer before you miss out.

3,868
Sq feet
4
Beds
3
Full baths
1988
Built

Location

Street address
3120 FM 499
Zip code
75401
Community
Samuel Young Surv Abs #1190
School district
Greenville ISD
Elevation
548 feet
Coordinates
33.1337, -96.0103

Directions

From I-30 in Greenville, take Exit 93 toward TX-34. Head north on TX-34, then turn right onto FM 499. Continue on FM 499; property will be on the right. Look for gated entrance.

Property details

Acreage
3.013 acres
MLS #
NTREIS 21287219
Posted

Property taxes

Recent
$6,451

Parcels

  • 38209

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Creek
Features
Acreage, Pasture, Pond On Lot

Exterior

Parking
Carport, Driveway, Garage
Fencing
Fenced, Gate
Hot Tub
Yes
Structures
Residence

Structure

Stories
1
Sewer
Aerobic Septic, Septic Tank
Heating
Central, Electric
Roof
Composition

Interior

Rooms
Bathroom x 3, Bedroom x 4, Living Room
Flooring
Carpet, Vinyl
Appliances
Dishwasher, Disposal, Refrigerator
Features
In Law Floorplan, Multiple Master Suites

Nearby schools

NameTypeDistrict
CrockettElementaryGreenville ISD
GreenvilleMiddleGreenville ISD
GreenvilleHighGreenville ISD

Listing history

DateEventPriceChangeSource
June 11, 2026Under contract$597,500NTREIS
May 20, 2026Price drop$599,900$35,090 -5.5%NTREIS
May 2, 2026Price drop$634,990$15,000 -2.3%NTREIS
Apr 7, 2026Price drop$649,990$25,010 -3.7%NTREIS
Mar 7, 2026Price drop$675,000$20,000 -2.9%NTREIS
Feb 20, 2026New listing$695,000NTREIS
Subscribe to listing updates

Payment calculator

This 3.013-acre property is located at 3120 FM 499 in Greenville, TX 75401. The property is pending sale. It has a 3,868 square foot 4-bedroom, 3-bath house built in 1988.

Listed by Freedom Key Realty, (903) 488-7662

Checked 1 hour agoUpdated Source

Report listing issue

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact