🏚️ Investment Opportunity in Knox City, TX! 🛠️

Knox County, Knox City, TX, 79529
Sold
Listed at: September 27th, 2023
Price
$25,000
ARV
$72,000
Gross Margin
$47,000
Sq. Footage
924
Type
Single-Family
Parking
Driveway
Year build
1920
Lot size
6999.00 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

📍 Address: Knox City, TX 79529

Are you a savvy investor looking for your next big project? This property in Knox City, TX, is a diamond in the rough waiting for your vision and expertise! While it's currently in a state of disrepair, this fixer-upper presents a remarkable opportunity for those willing to roll up their sleeves and transform it into a beautiful home.

🏠 Property Details:

  • Size: 2 bedrooms, 1 bathroom
  • Square Footage: 924 sqft
  • Lot Size: 6999 sqft
  • Year Built: 1920
  • Current Condition: Down to the studs, in need of full rehabilitation
  • Vacant: Ready for your creative touch

💡 Property Highlights:

  • Investment Opportunity: This property is your chance to make a substantial profit through a fix and flip project. With the After Repair Value (ARV) estimated at $70,000, your investment potential is significant.

🌟 Attractive Hotspots in Knox City:

While this property may need some TLC, Knox City offers a charming and welcoming community. Some local attractions and hotspots to look forward to include:

  1. Lake Stamford: Enjoy boating, fishing, and relaxation on the serene waters of Lake Stamford, just a short drive away.
  2. Knox City Country Club: Golf enthusiasts can perfect their swing at the local country club.
  3. Prairie Dog Town: Discover the unique Prairie Dog Town, a local attraction that showcases the area's wildlife.
  4. Local Dining: Savor the flavors of Texas with a variety of dining options in town.

This property is a canvas waiting for your artistic touch. With a little imagination and a lot of determination, you can transform this neglected gem into a profitable real estate venture. Don't miss out on this incredible investment opportunity in Knox City!

For more information or to schedule a viewing, contact us today. Your next successful fix and flip project awaits!

Luxe Home Offer, LLC does not claim to be the owner of this property. Luxe Home Offer, LLC does hold a current equitable interest in the subject property. Luxe Home Offer, LLC does not represent you as your real estate agent in any capacity of a transaction unless agreed upon by all parties in writing. All above stated information, including any projected after repair values and estimated repairs, are a matter of personal opinion. Always perform your own due diligence to verify and validate any numbers presented before signing a contract or assignment to purchase any property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Joseph Banks

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Disposition manager