9 Wills Point TX Homes With A Guest House

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$470,000
6 Beds 4 Baths 21374907 MLS
**RARE 3-HOME INCOME-PRODUCING PROPERTY ON 1.86 ACRES IN WILLS POINT!** This unique property offers three separate residences on approximately 1.86 tree-covered acres, creating an exceptional opportunity for investors, multigenerational living, or an owner looking to live in one home while generating income from the others. The primary residence is a spacious 3-bedroom, 2-bath manufactured home with approximately 1,250 square feet, featuring an open-concept floor plan, generous porch, dedicated carport, and private driveway. The second residence is a 2-bedroom, 1-bath home with loft and approximately 600 square feet, complete with its own driveway, carport, and porch. A third 1-bedroom, 1-bath tiny home provides additional rental flexibility. All three homes were built in 2022 or newer and are separately situated with individual driveways, providing excellent privacy and flexibility for tenants or future occupants. All three homes are currently tenant occupied and leased long-term, providing immediate rental income. The property also offers attractive short-term rental potential, with Canton’s famous First Monday Trade Days bringing visitors to the area every month and creating recurring demand for accommodations. A creek runs along the rear of the property, adding to the peaceful setting surrounded by mature trees. With approximately 1.86 usable acres, three residences, separate access, and no HOA, opportunities like this are difficult to find. Conveniently located near I-20 and approximately 35–45 minutes from the Dallas area, the property offers a secluded country feel with easy access to major highways and surrounding communities. **Three homes. 1.86 acres. Existing rental income. Newer construction. No HOA. Creek. Separate driveways. Short-term rental potential.** Whether you’re looking for a turnkey rental investment, multigenerational property, or multiple income-producing options, this is a rare opportunity in the Wills Point area.

165 Private Rd, Wills Point

$389,900
5 Beds 3 Baths 21370719 MLS
Charming 1930s home with a separate guest house and pool in the heart of historic downtown Wills Point! Situated on a large, tree-filled lot, this distinctive property blends timeless character with thoughtful updates and incredible flexibility. The main home features original hardwood floors, beautiful woodwork, a welcoming living room with fireplace, spacious dining area, three bedrooms, two updated bathrooms, a bright kitchen with breakfast nook, and an all-seasons porch perfect for relaxing year-round. Out back, enjoy your own private retreat with a sparkling Gunite pool and rare screened lanai—an ideal setup for entertaining, relaxing, and enjoying Texas summers without the bugs. Adding even more value is a separate two-bedroom guest house featuring its own kitchen and living area. The guest house is included in the advertised square footage, bedroom, and bathroom totals and offers exceptional versatility for multigenerational living, extended-stay guests, a home office, or potential rental use. The location is just as special. Enjoy the character of an established neighborhood while being within walking distance of downtown Wills Point shops, restaurants, and local businesses. Recent improvements include foundation releveling and pier work in June 2022 and 2026, new fencing and an electric gate in May 2022, and electrical updates completed in June 2022. Historic character, a pool, separate guest accommodations, a spacious lot, and a walkable downtown location make this a truly unique Wills Point property.

233 E High St, Wills Point

$4,500,000
6 Beds 7 Baths 21316377 MLS
Discover Gracelynn Farms, an extraordinary 62.86-acre off-grid luxury estate in Van Zandt County that redefines private, self-sufficient living. This gated family retreat offers the ultimate escape with unmatched privacy, resort-style amenities, and high-end finishes throughout. A gated entrance welcomes you onto a scenic, winding driveway that meanders through mature trees. Along the drive you’ll find a fully appointed second home—ideal as guest quarters, extended family living, or a potential income source. This separate residence has been thoroughly designed and remodeled. Continuing onward, the main homesite emerges in complete seclusion, thoughtfully positioned away from both the other home and livestock areas for total privacy and tranquility. The stunning primary residence is a true masterpiece: 6 bedrooms, 7 full bathrooms, and expansive living spaces designed for both luxury and functionality. Highlights include a dedicated theater room for unforgettable movie nights, smart mirrors throughout, and a sophisticated office featuring a Murphy bed and numerous custom add-ons—perfect for work, creativity, or hosting. An expansive mother-in-law suite offers private, comfortable accommodations with its own sense of independence. Outside, indulge in your private resort: a large 40x25 swimming pool and 12-person hot tub surrounded by a wonderful outdoor kitchen. Whether entertaining guests or enjoying a peaceful sunset, this outdoor oasis is the heart of daily enjoyment. True off-grid capability comes standard with a complete solar power system that includes a dedicated battery room and a propane backup generator. Gracelynn Farms is more than a home; it’s a private legacy estate where freedom and high-end living harmonize perfectly.

12365 Fm 859, Wills Point

$1,050,000
4 Beds 3 Baths 21288681 MLS
Welcome to this extraordinary multi-generational estate nestled on approximately 13+- picturesque acres between Wills Point & Canton, TX.This one-of-a-kind property features a stunning 2-story Victorian-inspired main residence, an ADAaccessible apartment & a beautifully renovated guest house, all overlooking a breathtaking private stocked lake spanning approximately 4-5 acres.The main home, 3,756 sqft, offers 4 bedrooms, 3 bathrooms, a 2-car garage, 3 additional covered parking spaces, 2 spacious living areas, game room, private office, 2 dining areas, multiple stairways, & a well-appointed kitchen designed for both everyday living & entertaining. Enjoy peaceful mornings from the private balcony off the primary suite while taking in panoramic lake views. The oversized wood deck & gazebo create the perfect setting for entertaining against a spectacular waterfront backdrop. The ground-level apartment features its own full kitchen & private living space, making it ideal for extended family, guests, or rental income. The charming well-appointed guest house is 1,624 sq. ft. with a stunning open concept, elegant primary suite & bath, resort-style deck, & pool area. Recently renovated down to the studs, it provides exceptional comfort for mother-in-law quarters, visitors, or additional income opportunities. The grounds are equally impressive, featuring a pipe-fenced lined drive, majestic oak trees, improved pastures, cypress trees, & fencing with X-fencing throughout. A 40'x30' workshop with equipment overhang provides ample space for hobbies, storage, or agricultural use. The private lake serves as the centerpiece of the property, creating a truly private retreat with incredible views from nearly every angle. This hidden gem offers the perfect blend of privacy, functionality, & beauty. Whether you're seeking a mulit-generational family compound, a personal retreat with income-producing potential, or a luxury waterfront country estate, this one delivers & is a must see!

2364 Vz County Road 2128, Wills Point

$319,900
3 Beds 2 Baths 21276062 MLS
Charming country property on 1.65 acres in the highly sought-after Edgewood ISD with convenient access to I-20 and Highway 80 for an easy commute. Large shade trees and plenty of parking create a welcoming first impression, while the small front porch and oversized back patio offer great spaces to relax and enjoy the outdoors. The main home features 3 bedrooms and 2 bathrooms with a spacious living area highlighted by a cozy brick fireplace, rustic accents, and durable vinyl wood plank flooring throughout. The kitchen offers a large island, dishwasher, electric range, and ample workspace for cooking and entertaining. A generous laundry area adds extra convenience. The primary suite includes an ensuite bath and walk-in closet. The fenced backyard provides room for pets, play, or gardening. A unique bonus is the separate 600 sq ft living quarters created from the former garage, complete with its own living room, bedroom, kitchenette, and full bathroom. Ideal for guests, extended family, rental income potential, or a private home office setup.

5155 Fm 1504, Wills Point

$3,750,000
4 Beds 5 Baths 21263624 MLS
Just an hour east of Dallas and a few miles northeast of Wills Point lies The Pharme, an incredible secluded retreat. In addition to exceptional fishing and hunting, the property has been utilized as a horse breeding facility. This conveniently located ranch is also just minutes south of Lake Tawakoni, well known for its fishing and water sports. The property offers easy access, located only a few miles north of US Highway 80. The entrance is set along a very private county road, leading to a code-accessed gate and a beautiful tree-lined drive that winds to the home overlooking park-like pastures and a ±5-acre lake. The 190 acres consist of a combination of excellent hay pastures and native woods, providing ideal habitat for livestock, horses, and wildlife. This East Texas gem has been lovingly cared for by the same family for decades and is now ready for a new owner to appreciate and steward it for years to come. There is little left to do but move in and begin enjoying the tranquility of The Pharme. Land: The land and vegetation at The Pharme are notably diverse. As you enter through the main gate and travel the tree-lined drive, you are greeted by park-like pastures with horses grazing on either side, creating a truly picturesque setting. The 190-acre property is a blend of native woods and improved hay pastures, complemented by approximately nine stock tanks that support livestock operations. A small vegetable garden is also located on the property. The terrain consists of both flat and gently rolling pastures, typical of this region of East Texas. Soils include a mix of sandy loam and clay. The property is fenced and cross-fenced to support efficient land and livestock management.

1050 Vz County Road 3704, Wills Point

$2,750,000
7 Beds 7 Baths 21256178 MLS
Welcome to a truly unique and income-producing opportunity at 552 VZ County Road 2142 in Wills Point—where country living meets multiple revenue streams on one versatile property. Situated on scenic acreage with room to expand, this property is far more than just a home—it’s a fully functional business and investment asset with exceptional potential. At the heart of the property sits a charming primary residence offering comfortable living with a warm, inviting atmosphere—perfect for an owner-operator or on-site management. In addition, a beautifully designed 2-bedroom, 1-bath tiny home provides flexibility for guest accommodations, long-term rental income, or short-term stays. What truly sets this property apart is the impressive party barn and event venue, currently used for weddings and private gatherings, offering a rustic yet elegant setting for an intimate countryside experience. Attached to the barn are six private apartment-style units, each with its own bathroom, creating a built-in lodging solution for guests or a turnkey short-term rental opportunity. This setup allows an investor to generate multiple income streams from events, overnight stays, and extended rentals. Adding even more value, the property includes a professionally designed dog breeding facility with a structured dog run and built-in kennels, already operational and ideal for breeding, boarding, or training. The property also features horse stables, enhancing its versatility for equestrian or agricultural use. The land offers privacy, usability, and expansion potential, with an option to purchase additional acreage for those looking to grow their investment footprint. Whether you’re seeking a multi-income property, event venue, short-term rental portfolio, or live-work setup, this property delivers a rare combination in today’s market. For more details or to schedule a private tour, please contact the listing agent.

552 Vz County Road 2142, Wills Point

$340,000
3 Beds 3 Baths 20859007 MLS
This unique 6.92+- AC with no known restrictions is a 2 home barndo property packed with Texas-sized character and rustic charm! Featuring tin ceilings, and a cozy yet spacious layouts, this 2-bedroom, 2-bath home and 1-bedroom, 1-bath home both offer comfortable country living. Perfect for multi-generational compound or rental income. Both homes open-concept living and dining areas flow into an eat-in kitchen, complete with island and ample cabinet and counter space. The large primary suites boast walk-in closets, and options for a bath or shower. Step outside to enjoy your vintage saloon-style covered front and back porches, perfect for relaxing and taking in the views. Pipe-fence with a gated entry at the front, ensuring privacy and security. The 40x36 barn, featuring concrete flooring, electric, and water. Property also includes multiple lean-to's and sheds perfect for your horses, cattle, chickens, goats or all animals and storage. Whether you're looking for a retreat, a homestead with room to expand, or a place to host guests, this property offers endless possibilities. Don’t miss out on this rare Texas gem! Room counts for the two homes are combined in this listing.

622 Vz County Road 3424, Wills Point

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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