Rare multi-home property offering space, flexibility, and built-in value in the quiet community of Bailey. This .75-acre property includes two separate homes: a 4-bedroom main mobile home plus a charming 2-bedroom cottage, ideal for multi-generational living, rental income, or a private guest retreat which features approximately 1500 sq ft, durable LVP flooring in main areas, and cozy carpeted bedrooms. Enjoy outdoor living on the covered wooden deck, perfect for morning coffee or evening relaxation. The high-end appliances stay with the home, such as washing machine, dryer, and commercial upright freezer. The second home is a 2-bedroom, single bath cottage offering additional living space, guest accommodations, or investment potential. Each home includes two- car carport, a large storage shed, and a spacious yard suited for projects, gardening, or outdoor enjoyment. Conveniently located about 15 miles from Bonham, this property offers peaceful small-town living with easy access to shopping, dining, and everyday amenities. A versatile setup with two homes, multiple outbuildings, and modern updates—a standout opportunity ready for your next chapter.
We need your offer. PRICE HAS BEEN DROPPED. This is a very nice Country Style brick home with a spacious living room and dining room in a small town community. 3 BR, 2 BA w ceiling fans & nice light fixtures throughout. The Kitchen has plenty of counter and cabinet space plus a bar for those quick meals. The bedrooms have ceiling fans, large closets w shelving space. The front door is a storm door and the windows are double pane for efficiency. The garage is over sized & has a large Double door with an electric door opener plus an extra 5' x 7' room for a shop or special storage. The property has nearly a half of an acre and a 2 car carport that is detached. Grocery Stores, restaurants & hardware stores are 10 min away. McKinney, Greenville & Sherman are 30 minutes away. The property has some nice tree's and grass. Call for your appointment to see what could be your next house. We are looking for a reasonable offer. Have a great day:)

Bailey is located in Texas. Bailey, Texas has a population of 235. Bailey is less family-centric than the surrounding county with 8.33% of the households containing married families with children. The county average for households married with children is 33.43%.
The median household income in Bailey, Texas is $39,500. The median household income for the surrounding county is $59,686 compared to the national median of $69,021. The median age of people living in Bailey is 51.6 years.
The average high temperature in July is 93.6 degrees, with an average low temperature in January of 31.4 degrees. The average rainfall is approximately 45.6 inches per year, with 1.1 inches of snow per year.