3120 Fm 499, Greenville, TX 75401

• 4 beds |
• 3 baths |
• 3,868 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

February 15, 2026 at 5:20AM

Listing Office:

Freedom Key Realty : 903-488-7662

Listing Agent:

Jesse Collins :

MLS ID:

21180236

Interior

• General: In-Law FloorplanMultiple Master Suites
• Appliances: DishwasherDisposalRefrigerator
• Flooring: CarpetLuxury Vinyl Plank
• Heating: CentralElectric
• Fireplace: MasonryFireplaceFireplaces: 1
• Disability Feature: Accessible Full Bath

Exterior

• General: Guest HouseSecond ResidenceStorageHot Tub
• Other Structures: Guest HouseSecond ResidenceStorage
• Pool: None
• Parking: Attached CarportAdditional ParkingConcreteDrivewayElectric Vehicle Charging Station(s)GarageDeckPrivate

Construction

• Roofing: Composition
• General: 1Slab

Location

• Road/Access: All Weather Road
• Originating MLS: NTR
• School District: Greenville ISD
• County: Hunt

Lot

• Zoning: A1190 YOUNG SAMUELTRACT 1ACRES 3.01338209
• Fencing: Back YardFencedFront YardGate

Utilities

• Utilities: Septic AvailableSee RemarksWater Available
• Water: Community/Coop
• Sewer: Aerobic SepticSeptic Tank

Financial

• Source: NTR