🌟 Cleburne's Hidden Treasure Your Next Investment Adventure Awaits! 🏠

Johnson County, Cleburne, TX, 76033
Sold
Listed at: January 1st, 2024
Price
$99,999
ARV
$200,000
Gross Margin
$100,001
Sq. Footage
1218
Type
Single-Family
Parking
Unassigned
Year build
1940
Lot size
0.37 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Discover the hidden potential of this off-market gem in the heart of Cleburne! Perfect for savvy investors or those seeking a project with Solid returns, this property presents a unique opportunity for transformation including a Double Lot. Here's your chance to turn this diamond in the rough into a shining masterpiece!

Property Condition:

  • Floors: Ready for a makeover! The property requires all-new flooring due to previous pet-related challenges.
  • Plumbing: Some plumbing work needed to address slow drainage in the bathroom.
  • Roof: Solid overall, with a bit of attention needed on the back porch. Age uncertain, but no visible leaks; Some shingles may need replacement.
  • Electric: Updated in 2015 with an exterior panel upgrade.
  • HVAC: Central HVAC present but currently non-operational; Maintenance suggests a need for Freon.
  • Foundation: Requires some leveling as the pier and beam foundation show unevenness in specific areas.
  • Exterior: Good condition overall, promising potential for enhanced curb appeal. Will need more than normal De-trashing. Could Use some Windows.
  • Kitchen: Cosmetic updates would breathe new life into this space. Consider adding modern countertops for a fresh look.
  • Bedrooms: Note: wasnt able to access one bedroom due to the presence of pets.
  • Features a Double Lot


Overall Assessment:

Despite the need for cosmetic and functional upgrades, this property boasts excellent bones and a 🌟 Biggest Lot in the Neighborhood with a Huge Double Lot! 🌟 With the right touch, it has the potential to become a stunning residence or a lucrative investment.

Comparable Analysis:

  • Recent comps in the area have demonstrated success in selling properties as-is.
  • Smaller houses under 1,000 sqft have achieved sales between $165,000 and $187,000.
  • A noteworthy comp, 611 Graham St, sold for $229,000
  • Anticipate increased activity and comps selling around this price point in the upcoming Spring of 2024.

Don't miss out on this unique investment opportunity! Contact us now to schedule a viewing and unlock the hidden value within this Cleburne property. Your vision and creativity can turn this into a truly exceptional investment. Act fast before it's too late!

Before purchasing this or any other wholesale property, ensure you conduct your own independent due diligence. Pioneer HB LLC does not assert ownership of the properties we market. If we do not own the property, we hold an equitable interest and are assigning that interest or contract (TX Prop Code 5.086). All property listings are subject to errors, omissions, changes, or cancellations. Properties are sold as-is, where-is, with no guarantees, written or oral. A property is not considered under contract until both a signed contract and deposit are received, and all contingencies are cleared. Pioneer HB, LLC is a real estate investment firm and does not claim to be licensed real estate agents or brokers.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Zechariah Crosby

No reviews

Disposition manager