112 SE Front Street 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.