OWNER FINANCING AVAILABLE. Breathtaking views from one of the highest points in Grayson County! There is NO flood zone on the property. There are 2 houses on this property; details below. This exceptional property is perfect for weekend retreats, your future dream home, or an incredible investment opportunity. With stunning evening sunsets, a small lake for fishing and paddle boating, and multiple producing pecan and fruit trees, this property offers both beauty and functionality. The main house (2500 Sqft) features 4 bedrooms, 3 full bathrooms, a game room, a formal dining area, and a recently remodeled kitchen—ideal for comfortable living or entertaining. Additionally, there’s a guest house (1500 Sqft) with 2 bedrooms, 2 full bathrooms, a spacious living room, and a large kitchen with ample storage and counter space. (The property is currently rented). For ranch enthusiasts or agricultural use, the property includes: • A large metal barn-workshop for storing equipment or ATVs • A cow barn, catch pen, and loading chute • Cross-fencing for livestock management • A storage shed for added convenience Location Highlights • Opposite Grayson County Speedway and adjacent to Willowood Ranch & Chapel (300+ acres). • Just a 15-minute drive to Sherman, TX, home to $29 billion investment from Texas Instruments and $5 billion from GlobalWafers Potential Uses This versatile property offers endless possibilities: • Ranch or horse property • Residential subdivision (utilities available to serve up to 70 lots) • RV park or Airbnb vacation rental opportunities • Event venue for weddings or retreats
Breath taking views atop one of the highest points in Grayson County! Perfect for your weekend retreats or would also be a great location for your future home. There are several producing pecan trees, fruit trees, a large tank, and two smaller ponds. A main house with 4 bedrooms, 3 full baths, game-room, dining room, and newly remodeled kitchen. There is also a beautiful guest house with 2 bedrooms, 2 full baths, living room, and a large newly remodeled kitchen with plenty of storage cabinets and counter space. A large metal barn-workshop for storing your ranch equipment and ATV's, cow barn, catch pen and loading shoot, and a nice storage shed. This amazing property has it all!The property can be sold turn-key
NTREIS #13965513
Jul 28, 2019
Contingent
—
Jul 24, 2019
Listing Removed
—
Jun 6, 2019
Price Changed
$799,000
$198/sq ft
Nov 1, 2018
Listed
$899,950
$223/sq ft
NTREIS #13972287
Nov 15, 2018
Listing Removed
—
Nov 13, 2018
Listed
$899,950
$223/sq ft
NTREIS #13610755
Oct 2, 2018
Listing Removed
—
Jun 6, 2018
Relisted
—
May 31, 2018
Listing Removed
—
Dec 19, 2017
Price Changed
$899,000
$223/sq ft
Dec 4, 2017
Relisted
—
Nov 28, 2017
Listing Removed
—
Sep 15, 2017
Price Changed
$940,000
$233/sq ft
Jul 3, 2017
Price Changed
$995,000
$246/sq ft
May 26, 2017
Listed
$1,150,000
$285/sq ft
NTREIS #13606499
Oct 2, 2018
Listing Removed
—
Jun 6, 2018
Relisted
—
May 31, 2018
Listing Removed
—
Dec 19, 2017
Price Changed
$899,000
$223/sq ft
Dec 4, 2017
Relisted
—
Nov 28, 2017
Listing Removed
—
Sep 15, 2017
Price Changed
$940,000
$233/sq ft
Jul 3, 2017
Price Changed
$995,000
$246/sq ft
May 23, 2017
Listed
$1,150,000
$285/sq ft
NTREIS #10427051
Jun 15, 2006
Listing Removed
—
Nov 16, 2005
Listed
$499,000
$124/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,723 (−0.4%)
2024
$6,754 (−7.9%)
2023
$7,330 (−76.0%)
2022
$30,587 (+315.0%)
$1,250,300 + $533,931
$1,784,231
2021
$7,371 (+1.8%)
2020
$7,242 (+19.6%)
2019
$6,057 (−2.7%)
2018
$6,226 (+25.8%)
2017
$4,949 (+56.7%)
2012
$3,158 (+0.5%)
$8,805 + $165,201
$174,006
2011
$3,141 (−24.4%)
$8,817 + $137,429
$146,246
2010
$4,153
Tax history for 159 Speedway Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,723 (−0.4%)
2024
$6,754 (−7.9%)
2023
$7,330 (−76.0%)
2022
$30,587 (+315.0%)
$1,250,300 + $533,931
$1,784,231
2021
$7,371 (+1.8%)
2020
$7,242 (+19.6%)
2019
$6,057 (−2.7%)
2018
$6,226 (+25.8%)
2017
$4,949 (+56.7%)
2012
$3,158 (+0.5%)
$8,805 + $165,201
$174,006
2011
$3,141 (−24.4%)
$8,817 + $137,429
$146,246
2010
$4,153
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
101.9 Acres
Year renovated
1992
Sq. Ft.
2,403
Year built
1973
Style
Other
County
Grayson County
APN
000000126307
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 25, 2026.
Property details
Parking
Parking Information
Carport Spaces: 0
Covered Spaces: 2
Parking Features: Garage, Garage Door Opener, Open
Parking & Garage
Has Garage
Has Attached Garage
Garage Spaces: 2
Garage Width: 22
Garage Length: 20
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 5
Bathrooms Total Decimal: 5
Bathrooms Total Integer: 5
Bedroom Information
Bedrooms Total: 6
Fireplace Information
Fireplaces Total: 0
Heating & Cooling
Cooling: Central Air
Heating: Central, Space Heater
Interior Features
Room Count: 5
Appliances: Dishwasher, Microwave, Refrigerator, Other
Number Of Living Areas: 1
Number Of Dining Areas: 1
Living Area: 4040.00
Levels: One
Flooring: Ceramic Tile, Laminate, Stone, Vinyl
Interior Features: Cable TV Available, High Speed Internet Available, Smart Home System
Room 1 Information
Room Type: Living Room
Room Level: 1
Room Dimensions: 40 x 20
Room Length: 40.00
Room Width: 20.00
Room 2 Information
Room Type: Kitchen
Room Level: 1
Room Dimensions: 30 x 20
Room Length: 30.00
Room Width: 20.00
Room 3 Information
Room Type: Dining Room
Room Level: 1
Room Dimensions: 10 x 10
Room Length: 10.00
Room Width: 10.00
Room 4 Information
Room Type: Game Room
Room Level: 1
Room Dimensions: 30 x 20
Room Length: 30.00
Room Width: 20.00
Room 5 Information
Room Type: Primary Bedrm
Room Level: 1
Room Dimensions: 15 x 15
Room Length: 15.00
Room Width: 15.00
Exterior
Building Information
Construction Materials: Brick, Siding, Stucco
Exterior Features
Exterior Features: Outdoor Living Center, Stable/Barn, Storage
Fencing: Barbed Wire, Cross Fenced, Metal
Farm Information
Horse Permitted YN: Yes
Lot Information
Lot Features: Acreage, Landscaped, Tank/ Pond, Water/Lake View
Lot Size: Over 100 Acres
Lot Size Acres: 101.8960
Lot Size Area: 101.8960
Lot Size Square Feet: 4438589.7600
Lot Size Units: Acres
Other Structures: Barn(s), Guest House, Residence, Second Residence, See Remarks, Storage
Parcel Number: 126307
RATIO List Price By Lot Size Acr: 26399.46612
Will Subdivide: No
Property Information
Property Type: Residential
Property Sub Type: Farm
Accessibility Features YN: No
Property Attached YN: Yes
Multi Parcel IDYN: No
Property Key: 48181|126307|1|12908633
Property Match: APN
Restrictions: Mobile Home Only, No Smoking, No Sublease, Pet Restrictions
US Property MUI: 406155276
Building Information
Stories Total: 1
Year Built: 1973
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Legal Description: G-1130 SIMS W J A-G1130, ACRES 101.896, SMALL
Financial Information
Buyer Financing: Seller Financing
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: Aerobic Septic, Co-op Electric, Concrete, Outside City Limits, Private Road, Private Water
Location
HOA Information
Association Type: None
School Information
Elementary School: Bells
Elementary School Name: Bells
High School Name: Bells
Junior High School Name: Pritchard
School District: Bells ISD
Location Information
County Or Parish: Grayson
Country: United States
Directions: Opposite Grayson County Speedway. Put the Property address of 159 Speedway Rd Bells TX 75414 in the mobile apps. Hwy 75 to Sherman, take exit 58 to Hwy 56 (W Lamar), turn right and continue to Pink Hill Road, follow Pink Hill Road to Speedway Road, turn right on Speedway
Latitude: 33.61391600
Longitude: -96.49031300
Geocode Confidence: High
Subdivision Name: NA
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,403
Stories: —
Lot Size: 101.9 acres
Style: Other
Year Built: 1973
Year Renovated: 1992
County: Grayson County
APN: 000000126307
Home facts updated by county records on Aug 25, 2026