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Fairfield, TX 🏡 INSANE Discount! 💰 4-Bed SFH 🚀 Huge Potential!

Fairfield, TX, 75840 view full address
For Sale
Listed at: October 16th, 2024
Price
$79,000
17 pictures, show all
Sq. Footage
2873
Type
Single-Family
Parking
Attached Garage
Year build
1954
Lot size
0.67 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

🔑 Attention, Investors & Cash Buyers!

This 4-bed, 2-bath single-family home located at 360 McDonald St, Fairfield, TX 75840 offers incredible potential for investors. The property is situated on a large 29,359 SqFt lot, with 2,067 SqFt of living space. Built in 1954, this property needs cosmetic updating, particularly in the back addition, which requires both interior and exterior work. The home has solid bones and offers plenty of opportunities for value addition through renovation.

🛠️ Property Condition:

4 beds | 2 baths | 2,873 SqFt
Large Lot Size: 29,359 SqFt

  • Back Addition: Requires significant work—siding needs to be redone and the interior updated. The addition is wood-framed with a brick back wall.
  • Roof: 12 years old, no known leaks or damage.
  • HVAC: 2 years old, in good condition.
  • Kitchen: Old-school style with vinyl countertops, original cabinets.
  • Bathrooms:
    Main bathroom: Tub
    Second bathroom: Stand-up shower
  • Flooring:
    LVP flooring in 1 bedroom
    2 bedrooms have carpet
    Peel-and-stick flooring throughout most of the house
  • Electricity: Updated breaker box and rewiring in the living room 2 years ago.

💸 ASKING PRICE: $80k

🏠 ARV: $200k


📈 Rental Potential: Great opportunity to either renovate and flip or hold as a long-term rental in this stable neighborhood for at least $1,500/M

📈 Comps in the Area:

304 N Hall St, Fairfield, TX 75840 (Sold for $285,000 on 8/2/2024) 

4 bed | 3 bath | 2,250 SqFt

591 Sherwood Ln, Fairfield, TX 75840 (Sold for $230,000 on 05/30/24) 

2 bed | 2 bath | 1,805 SqFt

Don’t miss out on this fantastic investment opportunity! For more information or to make an offer, call or text Stephan 📞 (954) 329-0195 💬

**DISCLAIMER** This company has Direct Contract with Seller. Legal Action will be taken against anyone who contacts the Seller directly This company has a contract directly with Seller and Title/Escrow has been opened. House is being sold as-is, and buyer is to pay closing costs & escrow fees for both Buyer & Seller side. No representations written or oral are made concerning the properties above. Buyer Must Submit non-refundable $10,000 EMD within 24 hours after deadline. Buyers to do their own independent due diligence.This company, its members or employees make no guarantees concerning property condition, value, characteristics or financial benefits. This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. All buyers are highly encouraged to contact the city/county building department and obtain up to date information if desired and also to investigate all current permits.
Street View
Location
current deal
comparables
#2
 available
$123k
 sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Stephan Pique

★★★★★
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Disposition manager