Back on market at greatly reduced price! Buyer's financing fell through. Spacious old farmhouse located just a short distance from the newly expanded State Highway 121 on a beautifully wooded 2.7 acres with gorgeous rock bottom creek and with PAVED FM Road Frontage. This spacious home has tons of potential with large rooms including a HUGE family room with a massive wood burning fireplace, three bedrooms, two baths, a large utility area and a bonus upstairs area! Outside you'll enjoy giant old growth Pecan trees and other hardwoods in a park-like setting. Neat old barn is useable if you want a pony, goats or chickens. Neat rock bottom creek area makes a great playground for the kids! Super easy commute to McKinney, Frisco, Sherman-Denison or Bonham. This property needs reapirs and some TLC and is being offered AS-IS and is limited to cash and conventional bank financing only.