Property
Beds
5
Full Baths
2
1/2 Baths
1
Year Built
1968
Sq.Footage
2,048
Investor special with strong upside in Gordonville. Located in a quiet lake-side community near Lake Texoma, this property sits on a large double lot with mature trees and a secluded setting, offering both privacy and potential. The home includes separate entrances for both upstairs and downstairs, creating excellent rental or multi-generational possibilities. The downstairs is currently unfinished and designed for 2 bedrooms, 1 full bath, a living area, and storage. It will need flooring and full finish-out to complete. The upstairs is fully functional, featuring an open kitchen, a spacious family room with tile flooring, 3 bedrooms, and 1.5 baths. Additional improvements are needed, including a new roof and siding updates. Once renovations are complete, the property’s estimated after-repair value (ARV) is approximately $290,000, creating excellent upside for investors. Just minutes from Lake Texoma and Sherman, this home offers seclusion, space, and long-term potential in a desirable and growing area.
Features & Amenities
Interior
-
Other Interior Features
Vaulted Ceiling(s), Wired for Sound
-
Total Bedrooms
5
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Electric, Window Unit(s), Zoned
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Exhaust Fan, Electric, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Parking
Circular Driveway, Garage Faces Front, Garage Faces Rear, Garage Faces Side
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cul-De-Sac, Greenbelt, Interior Lot, Many Trees
-
Lot Size(acres)
0.279
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Split Level, Traditional
Price
-
Sales Price
$170,000
-
Tax Amount
2630.0
-
Sq. Footage
2, 048
-
Price/SqFt
$83
HOA
-
Association
No
School District
-
Elementary School
Whitesboro
-
Middle School
Whitesboro
-
High School
Whitesboro
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Sewer
Septic Tank
-
Tax Lot
32
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Grayson
Elementary School
Whitesboro
Middle School
Whitesboro
High School
Whitesboro
Listing Courtesy of James Spece , James Spece - Realtor Inc.
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Office and Team Coordinator
MhamerSas
Call Mhamer today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.