Two homes. One property. Endless possibilities. Sitting on a spacious .75-acre corner lot, this Bailey homestead delivers flexibility you cannot find at this price point. Perfect for multi-generational living, blended families, rental income, or anyone wanting space and privacy without giving up convenience. The front cottage offers 2 bedrooms, a welcoming layout, and classic country charm. Behind it sits a fully functional 4-bedroom 2014 mobile home, ideal as an accessory dwelling unit, guest home, or income-producing rental. Each home has its own carport, plus two storage sheds, giving you room for tools, hobbies, equipment, or a small business setup. Whether you want to live in one home and rent the other, bring family close without sacrificing independence, or create a homestead with room to grow — this property is ready for your vision. Located in quiet Bailey, you’ll enjoy peaceful rural living with easy access to Bonham, Leonard, and surrounding communities. Opportunities like this don’t come often — two homes, land, storage, and income potential all wrapped into one.
Based on the average sale price from the Waco, TX office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
112 Se Front Street Bailey, TX is a Single Family Home for sale at $235000 with 1568 sqft and a lot size of 0.75 Acres Acre(s). 112 Se Front Street Bailey has 4 bedrooms, 2 baths and was built in 2014. The property's zip code is 75452 which is in Bailey, TX
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.