5 Homes with Separate Guest Quarters, Perfect for Multi-Generational Living or Rental Income
Looking for multi-generational living or potential rental income? Here are local properties that include a house with a separate living quarters or a 2nd residence.
1. Looking for space, privacy, and flexibility near Lake Bob Sandlin? This 9.308-acre property near Mt. Vernon, TX offers just that—with two homes already in place! The main home is a classic 3 bed, 1.5 bath brick house built in 1966.
It includes a fireplace, updates, full of character, and ready for your personal touch. The second home is a 2 bed, 2 bath manufactured home with open floor plan—ideal for extended family, guests, or rental income.The land is a beautiful mix of open pasture and mature trees, perfect for gardening, animals, or just enjoying the peace and quiet.
There’s even a small pond tucked in the woods, adding to the property’s charm.
Located in Mt. Pleasant ISD, you’re 5 minutes to Lake Bob Sandlin State Park, 7 minutes to a public boat ramp at Lake Bob Sandlin, and minutes from Lake Cypress Springs—making this spot ideal for nature lovers, weekenders, or full-time living.You can live in one house and use the other for rental income, or rent out both, or use as a B-n-B. Whether you’re dreaming of a homestead, a family compound, or an investment property, this one has the space and potential to make it happen.
Located on CR 2730 southeast of Mount Vernon, Texas, the asking price is $275,000. Call or text Janet Martin for more 903-243-0184.
2. Picturesque East Texas luxury estate on 50 acres with large main house and massive custom shop with separate large studio apartment. This beautiful property has been lovingly owned by the same family for over 40 years and is ready to provide new memories to a new family.
Main house is 4,123 sf with 5 bedrooms, 4 full bathrooms, two living areas, formal dining room, large game room, and so much more! Main floor includes 2 guest bedrooms and the primary bedroom suite which includes its own separate office with built in bookshelves.
Outside is the in ground pool with hot-tub and diving board, large garden area, and small storage building. The large shop includes the 1,050 sf studio apartment upstairs, two storage rooms, and large open area with enough space for a full sized motor-coach.
Additional buildings include a 20×26 shop on slab with electric, 35×50 covered equipment storage, 50×60 hay barn, and a custom built green house on concrete slab with water and electric. The land itself features substantial amount of picket and pipe fencing, open hay pasture, wooded areas, and a creek running along the back edge.
Located on CR 2112 near Pittsburg, Texas, this property has an asking price of $1,500,000. Call or text Jed Walker for more info, 903-335-4175.
3. Discover the perfect blend of rustic charm and modern comfort with this unique property featuring a romantic cottage and a versatile barndominium, surrounded by rolling pastures dotted with majestic oaks and native pecans.
THE COTTAGE This storybook-style home is finished in durable fiber cement siding with a metal roof, combining timeless appeal with low maintenance. Inside, the open concept one bedroom, one bath layout feels warm and inviting, highlighted by concrete floors and a cathedral ceiling in the living room anchored by a gas log fireplace.
The spa-inspired bath offers a tile shower and a slipper soaking tub across from a second gas log fireplace, perfect for unwinding. The kitchen features granite countertops, stainless steel appliances, and thoughtful details throughout. Expansive covered porches front and back, ideal for morning coffee and a hot tub for evening relaxation.
THE BARNDOMINIUM A perfect complement to the cottage, the barndominium offers metal siding and roof construction and incredible versatility. Inside, a bedroom with tongue-and-groove siding wall and private sitting area create a cozy retreat. The home includes a full bath with tile shower, a half bath off the grand entry hall, and a spacious kitchen designed for entertaining, complete with a dining or serving area. The living area could easily double as an office or other flex space.
Enjoy gatherings on the impressive 1,600 sq. ft. covered porch, or retreat to the private back porch for quiet evenings. The property also features a large insulated shop with mini-split and wood burning stove and two carports for vehicles and equipment, (all on Generac Generator) all secured behind a gated entry with pipe and post fencing.
Outdoors, you’ll find a large pond with a fishing pier, a smaller pond for livestock, and sweeping pastures studded with native oaks and massive pecans that invite you to enjoy the peace and beauty of country living.
Located at 448 CR 4581 north of Sulphur Springs, Texas,The asking price is $1,108,000. Call or text Janet Martin for more 903-243-0184.
4. Here it is, a 5 bedroom-3 bathroom home with a pool, guest quarters, a workshop and 2 stocked ponds on 35+ acres in southern Hopkins County. Once you enter the pipe, gated entrance you’ll find this beautiful home tucked back at the end of a long driveway.
The kitchen has granite countertops, a coffee bar, a split range oven, eat-in bar, breakfast area and dining area. The large living area is capable of entertaining many guests and has a gas log fireplace and tray ceilings.
The primary suite is spacious including room for a seating area and includes separate walk-in closets. The primary bathroom has a large soaking tub, separate vanities, a tile shower and a separate water closet. The bonus room upstairs can be used as a 5th bedroom, second living area, workout room or play room. The back patio offers beautiful views of the back of the property.
Outside you’ll find the spot for entertaining or relaxing on the weekends. It has a pool with a tanning ledge and a waterfall feature. Outdoor living adjoins it providing space to grill, watch the game or relax.
The 70×40 workshop includes a studio style guest quarters with a kitchen and full bathroom, perfect for guests. The 35 acres has cross fencing for rotational grazing, separating your livestock or cutting hay.
You have a small stocked pond at the front and a large stocked pond at the back. The natural habitat surrounding the pond is inviting to deer, hogs and other wildlife. If you’re ready for the peace and quiet of country living, you need to come this beautiful property.
Located at 8737 E. FM 1567 in Sulphur Springs, Texas, the asking price is $990,000. Call or text Kati Adair for more info, 903-243-2304.
5. This gorgeous 68-acre estate offers the perfect blend of luxury and utility, featuring a move-in ready 2,857-square-foot brick home with an apartment in workshop!
Enjoy the brick wood-burning fireplace in the living room that also comes with a wet bar, sink, and mini-cooler. Luxurious wood floors flow throughout the foyer and halls. A vaulted formal dining room and separate breakfast room give you space for entertaining.
The crisp-white gourmet kitchen is a chef’s dream with granite countertops, double oven, a mini cooler, breakfast bar, and a walk-in pantry. Retreat to a primary suite featuring its own private fireplace and a double-sink vanity.
Bring your outdoor furniture and take advantage of the views from a large covered back patio! A picturesque pond, and a front yard filled with mature trees, provides an idyllic place to call home.
High-speed internet keeps you connected while living in a quiet countryside setting near lakes. For guests, you’ll find a workshop with an apartment that includes a kitchen, living room, and bedroom with bathroom.
For those big gatherings, the workshop has an additional full kitchen and large bay area, adding versatility for parties, a hobby area, workshop, or flex space. Minutes away are Lake Cypress Springs, Lake Bob Sandlin, and Lake Winnsboro. With high-speed internet and extensive road frontage on 3 sides, this expansive property serves as the ultimate modern sanctuary.
Located at 1127 CR 3230 north of Winnsboro, Texas, the asking price is $1,150,000. Call or text Janet Martin for more 903-243-0184.
