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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,773 sqft
Price per Sqft $62
MLS Listing ID 20568967
Sold Date 07/25/24
Bedrooms 3
Full Baths 2
HOA Y/N None
Year Built 1986
Annual Tax Amount $1,848
Lot Size 0.500 Acres
Acres 0.5
Property Description
Excellent Investment Opportunity Awaits! Here's your chance to seize a golden opportunity in the heart of the countryside! Where potential meets profitability. This home is the perfect canvas for investors looking to maximize returns. Featuring 3 spacious bedrooms, 2 bathrooms, on a generous half-acre lot, this home offers a plethora of possibilities for rental income or resale. Partial renovations have already been completed, so you'll have a head start in adding value to this gem. Situated amidst serene surroundings, this property appeals to renters and buyers alike seeking tranquility away from the city's hustle and bustle. Plus, its proximity to Lake Cypress Springs adds an attractive appeal, making it an ideal investment for a vacation rental or seasonal retreat. This property offers excellent affordability, ensuring a high potential for capital appreciation over time. With the right vision and strategy, this investment could be the cornerstone of your real estate portfolio.
Location
State TX
County Franklin (tx)
Direction From Winnsboro: Right on E Pine St, Left on FM-1448, Left on County Road SE 4340, House is 0.8 mi on right. From Mt. Vernon Dukes Travel: Left on FM-115, Right on FM-3357, Left on County Road SE 4315, Left on County Road SE 4340, House 200 ft on left. Coordinates: 33.00898 N, 95.21206 W
Rooms
Dining Room 1
Interior
Interior Features Decorative Lighting, High Speed Internet Available, Natural Woodwork, Walk-In Closet(s)
Heating Central, Fireplace(s)
Cooling Ceiling Fan(s), Central Air
Flooring Luxury Vinyl Plank
Fireplaces Number 1
Fireplaces Type Wood Burning
Appliance Electric Oven, Electric Range, Electric Water Heater
Heat Source Central, Fireplace(s)
Exterior
Exterior Feature Permeable Paving, Uncovered Courtyard
Carport Spaces 2
Fence Barbed Wire
Utilities Available Co-op Electric, Co-op Water, Concrete, Gravel/Rock, Outside City Limits, Septic
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Lot Description Adjacent to Greenbelt, Corner Lot
Story One
Foundation Pillar/Post/Pier, Slab
Level or Stories One
Structure Type Cedar
Schools
Elementary Schools Mt Vernon
Middle Schools Mt Vernon
High Schools Mt Vernon
School District Mount Vernon Isd
Others
Restrictions No Known Restriction(s)
Ownership Graves
Acceptable Financing 1031 Exchange, Cash, Other
Listing Terms 1031 Exchange, Cash, Other
Financing Cash
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©2024 North Texas Real Estate Information Systems.
Bought with Jennifer Hageman • Texas Ally Real Estate Group
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