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
Sold on 07/15/25
Price Unknown
159 Speedway Rd, Bells, TX 75414
6beds
4,040sqft
Farm, Single Family Residence
Built in 1973
101.9 Acres Lot
$2,499,100 Zestimate®
$--/sqft
$3,704 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 02:07pm
Listed by:
Michael Greiner 0588268 713-683-0054,
My Castle Realty 713-683-0054
Bought with:
Rhonda Salicos
Easy Life Realty
Source: NTREIS,MLS#: 20895937
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Primary bedroom
- Level: First
- Dimensions: 15 x 15
Dining room
- Level: First
- Dimensions: 10 x 10
Game room
- Level: First
- Dimensions: 30 x 20
Kitchen
- Level: First
- Dimensions: 30 x 20
Living room
- Level: First
- Dimensions: 40 x 20
Heating
- Central, Space Heater
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator
Features
- High Speed Internet, Smart Home, Cable TV
- Flooring: Ceramic Tile, Laminate, Stone, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 4,040 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener, Open
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Outdoor Living Area, Storage
- Pool features: None
- Fencing: Barbed Wire,Cross Fenced,Metal
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 101.90 Acres
- Features: Acreage, Landscaped, Pond on Lot
Details
- Additional structures: Guest House, Second Residence, Residence, See Remarks, Storage, Barn(s), Stable(s)
- Parcel number: 126307
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Southwestern,Detached,Farmhouse
- Property subtype: Farm, Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Stucco
Condition
- Year built: 1973
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Private
- Utilities for property: Electricity Available, Septic Available, Water Available, Cable Available
Community & neighborhood
Location
- Region: Bells
- Subdivision: NA