Available
$229,000(ARV: $375,000)61% of ARV

McLennan County, Lorena, TX 76655

3 bd2 ba1,844 sfBuilt 1970

1 day ago

Gross spread$146,000

Description

CALL OR EMAIL JOSEPH [contact details hidden] Type: Single-Family Home 3 Beds / 2 Baths 1,844 SqFt 2 Acre Lot Year Built: 1970 Price: $229,000 ARV: $375,000–$400,000 Lorena value-add opportunity situated on 2 acres with a separate ADU featuring its own kitchen, bedroom, and bathroom. The main residence needs a full interior renovation and new roof, while the HVAC is new. With the ADU reportedly fully rehabbed in 2021 and still in decent condition, this property offers strong potential for a fix-and-flip or rental strategy with additional living space. Notes: – Separate ADU with kitchen, bedroom, and bathroom – ADU fully rehabbed in 2021 per seller – ADU currently in decent condition – New HVAC – Roof replacement needed – Full interior rehab needed on main residence – 2-acre lot Comparable Sales: – ARV range: $375,000–$400,000

Property

Bedrooms3
Bathrooms2
Square feet1,844
Lot size2.00 ac
Year built1970
ConditionMajor Repair
OccupancyOwner Occupied
ParkingAssigned

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing27
Open a message thread

This thread is with the VestorsHub team. Nobody on the supply side of this listing holds an account here.

Who is supplying this listing is withheld. A buyer account that has accepted the non-circumvention agreement on the address request above sees it here. Direct phone and email are not published here at all.