Presented by: Barbara A Williams with Johnson Real Estate Agency;
Property Description
The property consists of 2 level acres with three houses, making it well suited for a BRRRR strategy. After acquiring the property, each house is rehabilitated to increase its market value and rental appeal. Once renovated, the homes are leased to tenants, generating rental income. The improved value and stabilized cash flow can then support a cash-out refinance, allowing the investor to recover much or all of the initial capital while retaining ownership of the income-producing assets. The refinanced proceeds can be used to fund future acquisitions, repeating the process over time. The main attraction to this property is the land!!! It is beaautifful. Come take a look.
Interior Features
Bedrooms
Main Level Bedrooms3
Total Bedrooms3
Bathrooms
Half Baths0
Main Level Bathrooms1
Total Baths1
Other Interior Features
LivingAreaSource0 sqft
Above Grade Finished Area0 sqft
Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area0 sqft
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
FlooringOther
Heating Y/NYes
Interior AmenitiesOther
Laundry FeaturesNone
Total Fireplaces0
General
AppliancesOther
Architectural StyleContemporary
Association Fee IncludesNone
Attached Garage No
Building Area Units0 sqft
Carport Y/NNo
CityBronwood
Community FeaturesNone
Construction MaterialsAluminum Siding
CoolingElectric
CountyTerrell
Directionsuse GPS
Electric220 Volts
Elementary SchoolCooper Carver
Full Baths1
Garage Y/NNo
HOANo
HeatingElectric
High SchoolTerrell
Home Warranty Y/NNo
Land Lease Y/NNo
LevelsOne
Living Area Units0 sqft
Lot Size Square Feet87120
Lot Size UnitsAcres
Middle/Junior High SchoolTerrell
New ConstructionNo
Property ConditionFixer
Property SubtypeSingle Family Residence
Property TypeResidential
RoofOther
SewerSeptic Tank
Standard StatusActive
StatusActive
Structure TypeHouse
Subdivision Namenone
Tax Annual Amount$755
Tax Year2025
UtilitiesNone
Year Built1970
Exterior
Building Area Total0 sqft
Lot FeaturesLevel
Lot Size Acres2
Lot Size Area2 sqft
Lot Size SourceOwner
Parking FeaturesOff Street, Over 1 Space per Unit
Water SourcePublic
Additional Details
Price History


