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3120 Fm 499, 
Greenville, TX 75401

$695,000


4

Beds


3

Baths


3,868

Sq Ft


Single Family

Active

Listed by

Jesse Collins

Freedom Key Realty

Last updated:

February 17, 2026, 09:46 PM

MLS#

21180236

Source:

GDAR

About This Home

3120 Fm 499

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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1988

Price Summary

695,000

$179 per Sq. Ft.

MLS #:

21180236

Last Updated:

February 17, 2026, 09:46 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,868 Sq. Ft.


Structure

Structure

Building Area:

3,868 Sq. Ft.

Year Built:

1988


Lot

Lot Size (Sq. Ft):

131,246


Finances & Disclosures

Finances

Price:

$695,000

Price per Sq. Ft:

$179 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated February 17, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Realty.
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3120 Fm 499
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Sat, Feb 21
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.