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4 Beds
3 Baths
3,868 sqft

$599,900

3120 Fm 499, Greenville TX, 75401

Price per sqft$155.09
Built in1988
Property size3,868 sqft
Property typeResidential

Overview

Active

Updated 2 days ago

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.

$3,991/mo

Est. mortgage payment based on a $599,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21287219

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
3.01 Acres

Other Property Details

Taxes
$6,451
Tax Frequency
Annually
Garage
Yes
Waterfront
Yes

Listed by Jesse Collins with Freedom Key Realty
Listing Contact:  

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 10/29/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/29/2026 at 7:29 PM UTC

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