Available
$65,000(ARV: $150,000)43% of ARV

Henderson County, Gun Barrel City, TX 75156

3 bd2 ba1,256 sfBuilt 2004

6 days ago

Gross spread$85,000

Description

Property Overview: Type: Manufactured Home Location: Mabank, TX 75156 Beds/Baths: 3 Bed / 2 Bath Size: 1,256 sqft Year Built: 2004 Lots: 2 Lots Included Occupancy: Will be delivered vacant Asking Price: $65,000 or MAKE OFFER Why This Deal Makes Sense: This is an affordable value-add opportunity with two lots included. The home has several major items already completed and offers strong potential as a flip, rental, or affordable housing investment. Property Highlights: Built in 2004 New 30-year composite shingle roof (2020) Professionally releveled approximately 2 years ago City water & city sewer Detached storage building with electricity Low HOA dues – only $50 per lot annually Two lots included in the sale Condition Summary: Property is livable but would benefit from cosmetic updates. HVAC system is not currently in use (owner utilizes window units). Overall, the home presents a solid value-add opportunity with key exterior improvements already completed. Estimated Rehab: $10,000 – $20,000 (buyer to verify scope) Comps Supporting Value: 263 E Acres Rd, Mabank, TX 234 W Acres Rd, Gun Barrel City, TX Investors should verify condition and complete their own scope of work and valuations. Submit your best offer today to secure this opportunity. Contact: Jonathan Email: [contact details hidden] Phone: [contact details hidden]

$/sqft vs market

This deal$52/sqft
Market median$107/sqft
Difference52% below

Median of 5 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,256
Lot size
Year built2004
ConditionLight Rehab
Occupancy
ParkingDriveway

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing13
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