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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $188
Subdivision Gum Club North Add
MLS Listing ID 20502067
Sold Date 08/02/24
Bedrooms 3
Full Baths 1
HOA Y/N None
Year Built 2020
Annual Tax Amount $4,696
Lot Size 2.000 Acres
Acres 2.0
Property Description
You have a property with three acres of land, but the seller is only offering two acres for sale. The first two acres include the area where a home with a brick foundation currently sits, but the home itself needs significant renovation or could potentially be torn down for new construction. The remaining acre is presumably available for further development
Cost Analysis:
Determine the overall cost involved in renovating the existing home versus tearing it down and building a new one.
Consider the potential return on investment and market demand for new construction in the area.
Infrastructure and Utilities:
Engage builders, real estate professionals who can provide insights into the feasibility of your plans and help navigate the regulatory landscape.
Financing:
Consider the financing options available for both renovation and new construction. Lenders may have specific requirements for different types of projects.
also the land goes back to the encore wires
Location
State TX
County Tarrant
Direction GPS
Rooms
Dining Room 1
Interior
Interior Features Other
Heating Propane
Appliance Gas Cooktop
Heat Source Propane
Exterior
Utilities Available Aerobic Septic, Electricity Available
Parking Type No Garage
Garage No
Building
Story One
Level or Stories One
Schools
Elementary Schools Cora Spencer
Middle Schools Jones
High Schools Mansfield
School District Mansfield Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Paul Simpkins • Morine Empire Realty
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