Available
$100,000(ARV: $200,000)50% of ARV

Henderson County, Mabank, TX 75156

3 bd2 ba1,200 sfBuilt 1992

4 days ago

Gross spread$100,000

Description

WELCOME TO YOUR NEXT DEAL! CONTACT DAVE AT [contact details hidden] TO SCHEDULE A WALKTHROUGH! KEY FEATURES 3 Lots Available — Home Sits on the Middle Lot All 3 Lots Gated Together Wraparound Covered Deck Large Shed with Space to House 1 Car No Current HOA Dues Requested in the Past 4 Years MULTIPLE LOTS WITH ADDED INVESTMENT POTENTIAL! PROPERTY DETAILS Bedrooms: 2 Bathrooms: 2 Square Footage: 1,200 Sq Ft Lot Configuration: 3 Lots Available Garage Count: 0 Parking: Street, Driveway, or Shed MAJOR SYSTEMS Roof: Approximately 12–13 Years Old Air Conditioning: Central Air + Window Units Heating System: Central Heating + Propane Backup Foundation: Type and Condition Unknown REHAB HIGHLIGHTS Full rehab needed to unlock Full ARV COMPS 112 Pierce Dr — Sold for $147,000; 3 Bed / 2 Bath; 1,290 Sq Ft; Not Updated; 47 Days on Market 116 Navajo Dr — Sold for $174,000; 3 Bed / 2 Bath; 1,080 Sq Ft; Newer Build; 26 Days on Market 177 Natchez Tr — Sold for $122,000; 3 Bed / 2 Bath; 1,472 Sq Ft; Very Poor Condition, Needed Extensive Work; 138 Days on Market INVESTMENT HIGHLIGHTS THREE LOTS AVAILABLE! WRAPAROUND COVERED DECK! LARGE SHED WITH ROOM FOR A CAR! GATED PROPERTY! This unique investment opportunity features a 2-bedroom, 2-bathroom home situated on the middle lot, with two additional lots available on either side. The property includes a wraparound covered deck, a large shed with space for one car, and all three lots are gated together. With an estimated value of $160,000 for the lot with the home and $20,000 for each adjacent lot, this property offers investors the opportunity to explore multiple value-add possibilities. BUYER TO VERIFY ALL INFORMATION! This is a wholesale deal. We do not claim to own every property we market for sale. We have a contractual interest in this property. DISCLAIMER We sell properties as-is, where-is. The buyer will be responsible for all standard closing costs. All offers must include a non-refundable earnest money deposit of at least $5,000, unless otherwise specified. Agent commissions will be added to the asking price and reflected in the contract. We have a contractual interest in this property. We do not claim to be the owner of every property we market for sale. All listings are subject to errors, omissions, changes, deletions, or cancellations. Properties are sold as-is, where-is, with no warranties or representations, either written or oral. The buyer is responsible for conducting their own due diligence. A property will not be considered under contract until a signed agreement is received, along with the deposit and all contingencies removed.

Verified — contract control only

The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.

$/sqft vs market

This deal$83/sqft
Market median$114/sqft
Difference−27% below

Median of 6 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,200
Lot size5,184 sf
Year built1992
ConditionLight Rehab
OccupancyVacant
ParkingOff street

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther

Self-reported by the seller. Not inspected.

Property information

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