37 Busby Ln, Bells, TX, 75414
About This Home
Discover space and potential in the rolling hills of Grayson County. This 7.76-acre property features a 2-bedroom, 2-bathroom main residence with a 2-car attached garage, offering a unique canvas for investors or renovators. Below the main living area, a 1,000-square-foot basement provides adaptable space that is ideal for a workshop, extensive storage, or creative projects. The property also includes a 600-square-foot standalone efficiency apartment that is perfectly suited for a private guest retreat or generating rental income. Outside, a serene 1.5-acre pond is located at the back of the property for fishing or enjoying the rural view. While the home requires several updates and repairs, the layout and location provide significant upside. Situated directly behind the Grayson County Speedway, which is not included in the sale, the property offers distinct possibilities for track-related small business ventures or a niche short-term rental catering to race enthusiasts. Please note that the property is being sold strictly as-is, and the seller will make no repairs. The buyer is responsible for verifying all property details, including exact square footage, zoning, and local development regulations.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1999
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher
- Laundry features: Laundry in Utility Room
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Open Floorplan
- Flooring: Vinyl
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air,Ceiling Fan(s),Wall/Window Unit(s)
Interior Area
- Total interior livable area: 2,388 sqft
Living Room
- Level: First
- Dimensions: 12 x 12
Master Bedroom
- Level: First
- Dimensions: 10 x 10
Property
Details
- Parcel number: 121851
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Front Porch
- Fencing: None
Lot
- Lot size: 7.76 Acres
- Features: Acreage
Parking
- Total spaces: 4
- Parking features: Carport,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 4
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Hail
- Heat Wave
- Ice Storm
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,137 | $13,644 |
| Home Insurance * | $202 | $2,424 |
| Property Taxes | $169 | $2,028 |
| Electricity | $262 | $3,146 |
| Total | $1,770 | $21,240 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Price change | $225,000 |
| 2026-07-06 | Price change | $235,000 |
| 2026-06-17 | Price change | $245,000 |
| 2026-05-29 | Listed for sale | $255,000 |
| 2026-04-19 | Listing removed | $239,000 |
| 2026-03-31 | Price change | $239,000 |
| 2026-03-03 | Price change | $245,000 |
| 2026-02-17 | Price change | $255,000 |
| 2026-01-12 | Price change | $265,000 |
| 2025-10-21 | Price change | $275,000 |
| 2025-09-24 | Price change | $295,000 |
| 2025-09-08 | Price change | $315,000 |
| 2025-07-28 | Price change | $324,000 |
| 2025-06-24 | Price change | $350,000 |
| 2025-06-13 | Price change | $375,000 |
| 2025-05-31 | Listed for sale | $395,000 |
For Sale by Agent
View on Zillow