2 Beds
1 Bath
1,233 SqFt
2 Beds
1 Bath
1,233 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,233 sqft
Subdivision Otp Whitewright
MLS Listing ID 21245175
Style Craftsman
Bedrooms 2
Full Baths 1
HOA Y/N None
Year Built 1910
Annual Tax Amount $1,221
Lot Size 7,100 Sqft
Acres 0.163
Lot Dimensions .326
Property Sub-Type Single Family Residence
Property Description
The existing home features classic Texas cottage bones with a covered front porch, an attached carport, and a spacious layout that includes a converted great room with an original fireplace mantle. The interior currently features vintage wood paneling, a large eat-in kitchen footprint, and a combined utility and bathroom space that is ripe for reconfiguration. The property requires significant TLC, including roof evaluation, ceiling repairs, kitchen and bath gutting, and flooring, making it ideal for a seasoned contractor or cash buyer ready to get their hands dirty.
The true X-factor is the extra lot. You have the flexibility to renovate the existing structure and sell the package, hold the home as a rental while building new construction next door, or split the parcels to maximize your return on investment. The property is connected to city water and sewer. Located just blocks from downtown Whitewright and local schools, the location offers strong resale or rental demand once completed.
Do the math - With recent renovated sales in Whitewright pushing well past $150 per sq ft, the ARV potential on the existing home alone leaves plenty of meat on the bone, let alone the value of the vacant lot. Cash or conventional financing only. No blind offers. Bring your contractor, run your numbers, and submit your highest and best. This investor special will not last long at this price point.
Location
State TX
County Grayson
Direction Go North on State Highway 121 North from US 75 through Melissa to State Highway 160 North, Exit and turn left. Go approximately 8.4 miles to US-69 South Beasley Blvd. Turn left. Turn left onto South Bond Street. Turn left onto W Spruce. House is on the left. NO UTILITIES NOW. GO ON A SUNNY DAY.
Rooms
Dining Room 1
Interior
Interior Features Paneling
Heating Fireplace(s), Natural Gas
Cooling Window Unit(s)
Flooring Linoleum, Wood
Fireplaces Number 1
Fireplaces Type Decorative
Appliance Electric Range
Heat Source Fireplace(s), Natural Gas
Laundry Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Storage
Carport Spaces 1
Fence Back Yard, Wood
Utilities Available Asphalt, City Sewer, City Water, Electricity Connected
Roof Type Composition
Garage No
Building
Lot Description Few Trees, Interior Lot, Level, Lrg. Backyard Grass
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Schools
Elementary Schools Whitewright
Middle Schools Whitewright
High Schools Whitewright
School District Whitewright Isd
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21245175
Nearby Locations
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