HomeSmart Stars · TodaysEastTexas.com · May 2026

East Texas Affordable Homes:
Your Entry Into the Market

Starter homes, investor specials, lakeside cottages, country retreats, and build-ready lots — real East Texas real estate at prices that genuinely open doors.

✓ All 29 listings under $75,000

East Texas is one of the last places in America where you can still own a home for under $75,000. Whether you’re a first-time buyer stepping into homeownership, an investor building a rental portfolio, someone seeking a peaceful East Texas retreat, or a builder looking for land to develop — these 29 active listings represent real, accessible opportunities across Tyler, Rusk, Henderson, Palestine, Bullard, and beyond.

From move-in ready starter homes in established neighborhoods to charming lakeside cottages near Lake Palestine, Victorian-era fixer-uppers full of character, and bare lots ready for your blueprint — every listing links directly to full photos, details, and contact information. Bob McCranie and HomeSmart Stars are ready to help you navigate every one of them.

BM

Bob McCranie

Broker Associate · HomeSmart Stars · TodaysEastTexas.com · GRI · CRS · Since 2003

Bob McCranie is the founder of Texas Pride Realty Group and the driving force behind TodaysEastTexas.com under HomeSmart Stars. With over 22 years of experience since 2003, Bob has guided buyers at every price level — from first-time homeowners stepping onto the property ladder for the first time to seasoned investors expanding their portfolios. He holds the GRI and CRS designations and is a Certified Digital Marketing Professional, bringing data-driven strategy to even the most straightforward transaction.

Bob’s philosophy: “Real estate is about lifestyle, safety, opportunity, and long-term financial stability — regardless of price point. Every buyer deserves the same expertise and honest guidance.”

📞 972-754-0582  ·  TodaysEastTexas.com

All 29 Affordable Listings

$13K – $74K · Active May 2026
Move-In Ready & Starter Homes
Hawkins East Texas starter home 2 bed 1 bath quiet neighborhood schools downtown #2 Hawkins · Starter
$72,500

Hawkins · Wood County, TX

Own for ~$800/Month — 2BR Starter in Quiet Hawkins

Did you know you could OWN this 2-bed, 1-bath home for right around $800 a month? Located in a quiet neighborhood just minutes from Hawkins schools, downtown shops, the city park, the grocery store, and some really great restaurants. Also easily accessible to FM 14. This little starter — or downsizer — is the kind of opportunity that doesn’t come around often at this price in East Texas.

Beds2 Baths1 Lot0.18 acres
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East Texas cottage 2 bed 1 bath investor first-time homebuyer downsize rental #5 Cottage · Starter
$70,000

East Texas

Charming Cottage — First-Time Buyer or Investor

Calling all investors or first-time homebuyers! This charming cottage-style home offers 2 bedrooms and 1 bathroom — perfect for someone looking to downsize or an investor seeking a solid rental opportunity. Classic East Texas character in a straightforward, manageable package. A great entry point at $70,000.

Beds2 Baths1 StyleCottage
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Grand Saline Texas 1 bedroom home solid bones TLC oversized living carport fenced backyard #7 Grand Saline · TLC
$70,000

Grand Saline · Van Zandt County, TX

1713 W Frank — Solid Bones & Great Potential

This charming home offers solid bones and plenty of potential with just a little TLC. Featuring an oversized living area and a spacious one-bedroom layout, it’s ideal for a first-time buyer or an investor looking to expand their rental portfolio. The fenced backyard provides a safe space for pets or children, and the attached carport offers convenient covered access directly into the kitchen.

Beds1 Baths1 FeatureCarport · Fenced
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Quitman Texas small frame house rental property single family first time homebuyer #11 Quitman · Starter
$69,000

Quitman · Wood County, TX

502 Third St, Quitman — Investor Special or First-Time Buyer

Investor special or first-time homebuyer opportunity in Quitman, TX. This small frame house is perfect for a rental property, a single, or a small family — practical, manageable, and priced to make homeownership accessible. Call today for a personal tour and see what $69,000 can get you in Wood County.

Beds3 Baths1 CityQuitman, TX
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1938 Victorian gem original hardwood floors formal dining French doors covered porch East Texas #12 1938 Victorian
$66,500

East Texas · Historic Neighborhood

1938 Victorian Gem — Original Hardwoods & French Doors

Price drop — this captivating 1938 Victorian gem is brimming with character and waiting for your personal touch to restore its former glory. Nestled on a desirable city lot with timeless original hardwood floors, wide baseboards, formal dining with double French doors, and a covered front porch perfect for enjoying East Texas evenings. A rare chance to own a piece of history with genuine bones at an outstanding price.

Beds3 Baths1 Built1938
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East Texas country home 3 bed 2 bath 1.07 acres investment handyman fixer #17 Country Living
$64,900

East Texas · Country Setting

Country Living on 1.07 Acres — Back on the Market!

Their loss is your gain — buyer couldn’t get financing and now it’s back on the market! Great investment property or perfect for someone handy who wants to make it their own. Country living with that East Texas feel, a practical layout, and over an acre of land to stretch out on. The kind of property that suits someone who appreciates space and simplicity.

Beds3 Baths2 Acres1.07
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Troup Texas 2 bedroom 1 bath 0.38 acres spacious yard future improvements practical layout #18 Troup · Texas
$60,000

Troup · Smith County, TX

Troup, TX — 2BR on 0.38 Acres with Room to Grow

Located in Troup, Texas, this 2-bedroom, 1-bath home sits on approximately 0.38 acres — offering a spacious yard with room for outdoor use and future improvements. The home features approximately 748 sq ft of practical living space with a living area, kitchen, two bedrooms, and a full bath. Nearly four-tenths of an acre provides ample flexibility for gardening, storage buildings, or additional landscaping.

Beds2 Baths1 Acres0.38
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Henderson Texas corner lot 3 bed 2 bath 1162 sqft next great project established neighborhood #19 Henderson · Corner Lot
$60,000

Henderson · Rusk County, TX

Corner Lot in Henderson — 1,162 Sq Ft of Pure Potential

Welcome to your next great project! This 3-bedroom, 2-bathroom home sits on a desirable corner lot in an established Henderson neighborhood, offering 1,162 sq ft of pure potential. Corner lots bring extra space, extra visibility, and more options for outdoor use — and at $60,000 in Henderson, this is a compelling canvas for a renovator, investor, or first-time buyer ready to put in some work.

Beds3 Baths2 Sq Ft1,162
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Rusk Texas 3 bed country home fenced backyard mature trees front porch concrete driveway #21 Rusk · Texas
$59,000

Rusk · Cherokee County, TX

336 Butler St, Rusk — Country Home with Fenced Yard

Don’t hesitate — come check out this great-looking house in Rusk, TX! Enjoy the country with an easy-to-manage home featuring a large fenced backyard with mature trees, a concrete driveway, and a pleasant front porch to enjoy the wonderful Texas weather. The electric connection was damaged and needs to be reconnected to the structure — priced accordingly for the right buyer.

Beds3 Baths2 FeatureFenced Yard
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East Texas private cottage 0.40 acres fenced trees deck three storage buildings laundry shed #24 Private Retreat
$50,000

East Texas · Wooded Setting

Private East Texas Escape — Cottage on 0.40 Fenced Acres

Looking for a private East Texas escape? This charming 1-bed, 1-bath cottage sits on fully fenced 0.40 acres tucked among the trees — the perfect blend of simplicity and seclusion. Inside: a warm and inviting space with wood cabinetry and full kitchen. Outside: a spacious deck for quiet mornings, evening fires, and nights under the stars. Three separate storage buildings including a versatile laundry shed complete this peaceful property.

Beds1 Baths1 Acres0.40 fenced
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Lake Palestine Community Homes
Lake Palestine 1 bedroom peaceful country living covered decks no neighbors metal siding roof gated #14 Lake Palestine Area
$65,000

Lake Palestine Area · East Texas

Beautiful & Peaceful 1BR — Backs to Large Acreage · No Neighbors on Either Side

A beautiful and peaceful place to call home! This 1-bedroom, 1-bath home sits on a 60’ x 129’ lot that backs up to a large acreage property with no neighbors on either side. Spacious front and back covered decks for serene country living. Metal siding and metal roof for durability and low maintenance. Gated neighborhood with room to park your toys. The septic is thoughtfully planned — no field in the backyard.

Beds1 Baths1 Lot60’ x 129’
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Bullard Lake Palestine gated community 1 bed 1 bath open concept boat ramp 2 pools playground internet #15 Bullard · Gated Lake Comm.
$65,000

Bullard · Smith County, TX (Bullard ISD)

140 Young Cir — Gated Lake Palestine Community · Resort Amenities

An affordable place to call home on a nice lot with water, electric, and a septic system only a couple of years old. This 1-bedroom, 1-bath home with open-concept living is in a gated Lake Palestine community off FM 346 in Bullard ISD. Community amenities include boat ramp access to the lake, 2 swimming pools, a playground, and even Cherokee Electric internet service. Located near Dollar General, Family Dollar, and Kickerz Coffee.

Beds1 Baths1 AmenitiesBoat Ramp · 2 Pools
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Bullard Lake Palestine gated neighborhood 1 bed tree lined street boat ramp swimming pool rental #16 Bullard · Lake Palestine
$65,000

Bullard · Smith County, TX

347 Sabinal St — Tree-Lined Street · Gated Lake Palestine Neighborhood

A nice affordable place to call home on a quiet tree-lined street — and a great rental property option too! This gated neighborhood includes a swimming pool, playground, and boat ramp access to Lake Palestine. At $65,000 in Bullard ISD near the lake, this represents one of the best value propositions in all of East Texas for a first-time buyer or income-property investor.

Beds1 Baths1 AccessLake Palestine
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Brierwood subdivision Lake Palestine 2 bed 2 bath Frankston community amenities #20 Brierwood · Lake Palestine
$59,900

Brierwood Subdivision · Frankston, TX

7227 Forest Hill — 2BR on Lake Palestine (Brierwood Sub)

This 2-bedroom, 2-bath home is located in Brierwood Subdivision, situated on Lake Palestine and subject to the community’s amenities. A rare under-$60K opportunity to own a home in a Lake Palestine community — the kind of address that typically commands far more. A solid value for a buyer who wants lake community living at an accessible price point.

Beds2 Baths2 CommunityLake Palestine
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Lake Palestine subdivision 3 bedrooms each own bathroom corner fenced lot Bullard #23 Lake Palestine Subdivision
$55,000

Lake Palestine Subdivision · Bullard, TX

334 CR 3523 — 3BR Each with Own Bath on Corner Fenced Lot

Three bedrooms each with their own bathrooms in a Lake Palestine subdivision on a large corner fenced lot in Bullard. Three bedrooms, three bathrooms, a fenced lot, and lake community access — all for $55,000. For an investor, a buyer seeking privacy, or someone who wants the independence of an en-suite for everyone in the household, this is a rare find at this price point near the lake.

Beds3 Baths3 LotCorner · Fenced
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Echo Lake Brownsboro brick 2 bedroom new septic on closing 9.5 acres adjoining available #8 Echo Lake · Murchison
$70,000

Murchison · Near Echo Lake, TX

7885 N FM 607 — Brick 2BR Near Echo Lake · New Septic at Closing

Brick 2-bedroom, 1-bathroom home near Echo Lake, south of Brownsboro. Seller to install a new septic system upon closing — a significant value-add already priced in. Can also be purchased with the adjoining home on 9.5 acres (see MLS #25007343) for a combined land and home package near the lake. A solid, low-maintenance brick home in a peaceful East Texas lake area setting.

Beds2 Baths1 ConstructionBrick
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Investor & Value-Add Opportunities
Omaha Texas 3 bedroom 1 bath flexible layout 0.24 acres rental or affordable housing US Hwy 67 #3 Omaha · Investor
$71,500

Omaha · Morris County, TX

3BR on 0.24-Acre Lot — Previously Rented · Quick US Hwy 67 Access

This 3-bedroom, 1-bath home offers over 800 sq ft on a spacious 0.24-acre lot in Omaha, TX. Previously used as a rental, this property has a flexible layout and low-maintenance construction — ideal for investors or buyers seeking affordability with income potential. Located with quick access to US Hwy 67 and local amenities. A versatile opportunity you don’t want to miss.

Beds3 Baths1 Lot0.24 acres
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Tyler Texas fixer upper corner lot growing area new homes businesses remodel or rebuild #4 Tyler · Corner Lot
$70,000

Tyler · Smith County, TX

Tyler Corner Lot Fixer — Growing Area of New Homes & Businesses

Opportunities are awaiting you in a growing area of new homes and businesses in Tyler! This 3-bedroom, 1-bath corner lot home gives you the choice: fix and remodel, or restart from the ground up — the possibilities are endless. Corner lots offer more flexibility for layout, additions, and curb presence. In a growing Tyler corridor, this is a compelling value-add play at $70,000.

Beds3 Baths1 LotCorner Lot
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151 Joplin Street Rusk Texas 3 bedroom 1 bath carport investor opportunity #6 Rusk · Investor
$70,000

Rusk · Cherokee County, TX

151 Joplin St, Rusk — 3BR with Carport · Investor Opportunity

A magnificent opportunity for investors — don’t let this one go away! House with 3 bedrooms, one bathroom, and a carport in Rusk, TX. Rusk offers a classic small-town East Texas lifestyle with schools, shops, and community within easy reach. A simple, functional property at a price point that makes the numbers work for a rental portfolio.

Beds3 Baths1 FeatureCarport
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Tyler Texas portfolio package 4-plex single family duplex storage lot diversified revenue streams #9 Tyler · Portfolio Package
$70,000

Tyler · Smith County, TX

423 Herndon Ave, Tyler — Diversified Portfolio Package

All properties sold together as one package (total list price $310,000) — a unique chance to acquire a diversified portfolio with multiple revenue streams in one transaction. Includes a 4-plex (1/1 units), a single-family home (3/1), a storage building, a vacant lot, and a duplex (1/1). Multiple income streams, one closing. Contact Bob McCranie for full package details.

Package5 Properties Total Price$310,000 CityTyler, TX
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Palestine Texas 1.16 acres highway 84 frontage 2 bed commercial residential potential AS IS #10 Palestine · Hwy Frontage
$69,500

Palestine · Anderson County, TX

1.16-Acre Hwy 84 Frontage — Residential or Commercial Potential

A 1.16-acre lot with a 2-bedroom, 1-bath home just outside Palestine city limits near Loop 256 — situated across Hwy 84 E from a convenience store with 100 feet of highway frontage. This property has real potential for residential or commercial use. Previously rented and can be occupied with some foundation repair. Adjoining lot behind with potential frontage on CR 378. Sold AS-IS.

Beds2 Baths1 Acres1.16
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Lake Palestine Lakewood Subdivision new construction frame started pool boat launch community #13 Lakewood Sub · Build Opp.
$65,000

Lakewood Subdivision · Lake Palestine, TX

Begun New Construction in Gated Lakewood Sub — Near Pool & Boat Launch

Builders and investors — quickly take advantage of this prime, already-begun new construction home that needs your touch to bring it to life! The frame and general floorplan are already in place in the gated Lakewood Subdivision on Lake Palestine — a hidden gem location close to the community pool and boat launch. Bring your vision and finish what’s been started at a compelling entry price.

Baths2 StatusFrame Started CommunityLake Palestine Gated
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Troup Texas fully gutted home blank canvas investor remodel customize rental family home #22 Troup · Blank Canvas
$55,000

Troup · Smith County, TX

Fully Gutted Home in Troup — Blank Canvas for Your Vision

Calling all investors! This fully gutted home in the heart of Troup, TX is brimming with potential and ready for your creative vision. With a blank canvas to work from, this property offers the perfect opportunity to remodel and customize to your exact specifications — whether you envision a stylish rental property or a modern family home. Spacious layout, solid structure, and situated in a quiet and friendly neighborhood minutes from downtown Troup.

Beds2 Baths1 StatusFully Gutted
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Naples Texas 105 Caddo St 3 bed 2 bath rehab handyman investor flip rental small-town #25 Naples · Rehab Special
$37,500

Naples · Morris County, TX

105 Caddo St, Naples — Prime Rehab Opportunity in Small-Town TX

Investor special in Naples, TX — a prime rehab and handyman opportunity at 105 Caddo St. Located in a quiet East Texas community with small-town charm, this 3-bedroom, 2-bath property offers excellent potential for a rental portfolio addition, affordable housing investment, or a flip opportunity. At $37,500, the acquisition cost leaves substantial room for improvement while remaining well under the area’s ARV.

Beds3 Baths2 TypeRehab / Flip
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Rusk Texas 3 bedroom 1 bath 864 sqft 0.14 acres investment unlock potential peaceful neighborhood #26 Rusk · Investment
$33,000

Rusk · Cherokee County, TX

Unlock the Potential — 3BR, 864 Sq Ft in Peaceful Rusk Neighborhood

Unlock the potential in this investment opportunity located in a peaceful neighborhood just minutes from the heart of Rusk, TX. This 3-bedroom, 1-bath home offers 864 sq ft of space on a 0.14-acre lot — a practical acquisition for an investor or buyer seeking the most affordable way into homeownership in Cherokee County. At $33,000, the numbers work for a variety of strategies.

Beds3 Baths1 Sq Ft864
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318 Terry Street Pittsburg Texas investor special 3 bed 1 bath 0.35 acres endless potential #27 Pittsburg · Investor
$29,500

Pittsburg · Camp County, TX

318 Terry St, Pittsburg — 3BR on 0.35 Acres · Endless Potential

Investor’s special in Pittsburg, TX! This 3-bed, 1-bath property sits on a generous 0.35-acre lot offering endless potential. At $29,500, the acquisition cost is nearly unbeatable for a property with this much land and this many bedrooms. Pittsburg is a charming Northeast Texas town with genuine community character — a smart low-cost entry into the East Texas market.

Beds3 Baths1 Lot0.35 acres
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Drew Heights East Texas 3 bedroom fixer first home rental property fenced low utility bills #28 Drew Heights · Fixer
$26,000

Drew Heights · East Texas

Turn This Into Your First Home — Quiet Drew Heights

Turn this dwelling into your first home or a great rental property. Needs fixup but once brought back to life, the size of this fenced home will provide low utility bills. Drew Heights is a very quiet neighborhood — a peaceful East Texas setting for someone willing to put in the work. At $26,000, this is the most accessible path to homeownership in East Texas for the right buyer.

Beds3 Baths1 LotFenced
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East Texas 3 bedroom start from scratch first home rental lowest price entry into market #29 Lowest Price
$13,000

East Texas

Start From Scratch — Lowest-Priced Entry Into East Texas

Start from scratch and turn the dwelling into a three-bedroom rental home or a first-time home. After bringing it back to life, it will make a modestly priced rent home or resale. At $13,000, this is the absolute lowest-cost entry into East Texas real estate on the market — for the right buyer with vision, tools, and determination, this is an extraordinary starting point.

Beds3 Baths1 Price$13,000
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111 Hughes Street Daingerfield Texas 1 bedroom 1 bath listing #1 Daingerfield · TX
$74,000

Daingerfield · Morris County, TX

111 Hughes Street — Daingerfield, TX

111 Hughes Street in Daingerfield, Morris County — an affordable East Texas listing at $74,000. Daingerfield is a charming Northeast Texas community known for its historic character and natural beauty near Daingerfield State Park. Contact Bob McCranie for full details, photos, and a private showing of this property.

Beds1 Baths1 CityDaingerfield, TX
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Land & Build-Your-Own

Your East Texas Home
Starts Here

Whether you’re stepping onto the property ladder for the first time or adding to your investment portfolio — Bob McCranie brings 22+ years of expertise, honest guidance, and genuine commitment to every transaction, at every price point.

Browse All Affordable Listings