B. O. Walcott built this three story home in the early 1890s. It was the first home in Honey Grove to have an "inside" bathroom complete with a bathtub and hot water. The bathroom featured a water well under the floor and a hand pump for filling the overhead water tank. The water could be circulated through copper heating coils installed in the pot belly stove in the room. The third floor was a large ballroom where many elaborate balls were held for Honey Grove's society and out-of-town guests.
The home was later sold to John Arthur Underwood , Sr. The house was torn down in the 1940s.