Collinsville Homes under $250,000

Welcome to Collinsville, Texas—a charming small town nestled in Grayson County that perfectly blends a tight-knit community spirit with the convenience of modern living. Known for its picturesque landscapes and friendly atmosphere, Collinsville offers residents a peaceful lifestyle while being just a short drive from larger cities like Sherman and Gainesville.

This delightful town is steeped in rich history and offers a variety of local amenities, including quaint shops, parks, and schools that cater to families and individuals alike. With its serene environment and welcoming community, Collinsville is an ideal place to call home for those seeking tranquility without sacrificing access to urban conveniences.

For homebuyers on a budget, Collinsville is a hidden gem, offering a range of charming homes priced under $250,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, you’ll find an array of options that suit your needs. From cozy cottages to spacious family homes, each property boasts unique character and potential, allowing you to create your dream space without breaking the bank.

With a strong sense of community and a commitment to preserving its small-town charm, Collinsville is more than just a place to live—it's a place to thrive. Explore the affordable housing options available in this delightful town and discover why so many are choosing to make Collinsville their home sweet home. Your dream home awaits!

Newest Collinsville Homes under $250,000

$240,000

3 Beds ⋅ 2 Baths ⋅ 21390721 MLS

Welcome to this charming 3-bedroom, 2-bath home nestled in a quiet Collinsville neighborhood on a spacious 0.61-acre lot. With new flooring throughout, this home offers a fresh, comfortable feel and plenty of room both inside and out. The generous lot provides ample space for outdoor enjoyment, entertaining, gardening, pets, or simply enjoying the peace and privacy of a larger property. Out back, a separate detached building offers incredible flexibility and could be used for storage, a workshop, game room, home office, hobby space, or potentially converted into additional living or recreational space. The home also features a one-car garage and convenient access to nearby schools, making this a great opportunity for anyone looking for space, versatility, and a peaceful neighborhood setting. Come see the possibilities this Collinsville property has to offer!

400 E Murdock St, Collinsville

$70,000

2 Beds ⋅ 1 Baths ⋅ 21399064 MLS

RARE BUILDING & INVESTMENT OPPORTUNITY IN COLLINSVILLE! Located at 538 W Hughes Street, this 0.37-acre residential lot offers excellent potential for builders, investors, or buyers looking to build in the heart of Collinsville. Situated within city limits on an interior lot with a few trees, the property features installed city streets, city water, city sewer, and electricity available, with electricity already connected. Zoned residential and located within Collinsville ISD, this property presents an opportunity for new construction, investment, or future development. With the proper approvals, the lot may accommodate two homes, offering potential for additional income or expanded development possibilities. Conveniently located near local schools, businesses, and community amenities, this hard-to-find property is ready for your vision. Bring your plans and explore the possibilities! Buyer to verify zoning, building restrictions, utilities, and the feasibility of multiple homes with the City of Collinsville.

538 W Hughes St, Collinsville

$149,000

2 Beds ⋅ 1 Baths ⋅ 21314389 MLS

Don’t miss this economical 2-bedroom, 1-bath home that’s perfect for first-time homebuyers, downsizers, or investors looking to add to their portfolio. Featuring a brand-new roof, this home offers peace of mind and an affordable opportunity to own instead of rent. Enjoy the convenience of being close to all local schools while experiencing the charm and slower pace of small-town living. Outdoor enthusiasts will appreciate being just 20 minutes from the beautiful Lake Ray Roberts boat launch, beaches, fishing, and recreational activities. Commuters will love the location with approximately 45 minutes to Frisco and just one hour to the Dallas–Fort Worth International Airport, making it easy to enjoy the best of both country living and city conveniences. Whether you’re looking for your first home, a weekend getaway, or an investment property, this affordable home is one you won’t want to miss!

403 S Broadway St, Collinsville

$115,000

1 Beds ⋅ 1 Baths ⋅ 21247713 MLS

Located at 116 E Locust St in Collinsville, TX, this 1-bedroom, 1-bath home offers a great opportunity for investors or buyers seeking a simple, low-maintenance lifestyle. Currently operating as a short-term rental, this property is well-suited to continue generating income or to serve as an easy-to-manage personal residence. With approximately 504 square feet of living space , the layout is efficient and functional, featuring a comfortable living area, dedicated dining space, and a practical kitchen setup. The home sits on a manageable lot with city utilities in place, making ownership straightforward and hassle-free. Whether you’re looking to expand your rental portfolio, secure a turnkey short-term rental, or downsize into something more manageable, this property checks the boxes. Affordable, flexible, and easy to maintain—this is a great option in the growing Collinsville area.

116 E Locust St, Collinsville

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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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