206 S Preston Street, Wolfe City

$145,000

2 Beds
2 Baths
1,230 Sqft
.23 Acres
1 Garages

Charming 2-bedroom, 2-bathroom home located in the quiet, close-knit community of Wolfe City, TX. Previously used as a rental, this property presents a great opportunity for investors seeking a cash-flowing asset or a potential fix-and-flip project. Some updates have already been completed, and with a little more TLC it can truly shine.
The home features a spacious backyard with a storage shed, offering added value and versatility. Whether you’re looking to expand your investment portfolio or find a cozy space with equity potential.
Wolfe City is just about 20 minutes from Commerce, 45 minutes from McKinney, and just over an hour from Dallas—offering a peaceful small-town lifestyle with access to nearby city amenities.
Located in a good school district (Wolfe City ISD), this home is a smart pick for buy-and-hold investors or those looking to renovate and resell. Don’t miss this affordable opportunity in a growing area!

Essential Information
MLS® #20893257
Price$145,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,230
Acres0.23
Year Built1968
TypeResidential
Sub-TypeSingle Family Residence
StyleTraditional
StatusActive
Community Information
Address206 S Preston Street
SubdivisionOrig Town Of Wolfe City
CityWolfe City
CountyHunt
StateTX
Zip Code75496-3022
Amenities
# of Garages1
Utilities

City Sewer, City Water, Electricity Connected, Sidewalk

Garages

Additional Parking, Attached Carport, Driveway, Garage, Garage Faces Front

Interior
Interior FeaturesPaneling
HeatingCentral, Natural Gas
Exterior
Exterior FeaturesStorage
Lot DescriptionCleared, Few Trees
RoofShingle
ConstructionSiding
School Information
DistrictWolfe City ISD
ElementaryWolfecity
MiddleWolfecity
HighWolfecity
Listing Details
AgentJohanna Hernandez
OfficeMonument Realty
Property History
Price Reduced from $150,000 to $145,000
Price Reduced from $160,000 to $150,000

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Listing information last updated on May 15th, 2025 at 3:00am CDT.

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