308 S JERNIGAN STREET, BELLS, TX 75414

Homes for sale in Bells.

Homes for sale in 75414.


Active

List Price$445,500

308 S Jernigan Street

Bells, TX 75414

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21360795

4

Bedrooms

2 full, 1 partial

Bathrooms

4,050

Square Feet

House

Type

About This Property

Investor Opportunity Partially Completed Rehab on 1.5 Acres in Fast Growing North Texas Attention investors! This unique property offers two residences on approximately 1.5 acres with 4,050 square feet of total living space. The front single family home features 4 bedrooms and 2.5 bathrooms, while the back barndominium features 3 bedrooms and 2 bathrooms, providing an excellent value add opportunity for an investor, builder, or rehab specialist. Both homes are approximately 60 to 65 percent remodeled, with substantial renovation work already completed. The remaining work provides an opportunity for the investor to finish the renovations and potentially capture significant upside. Conveniently located near the intersection of Highway 69 and Highway 56, the property is approximately 20 minutes from Sherman and situated within the expanding North Texas growth corridor. To make the process easier for the next owner, a property survey, city application for subdividing the parcel into two lots, and upgrade and renovation plan are available. These materials provide a helpful roadmap for completing the project and exploring the potential subdivision opportunity. With 1.5 acres, 4,050 square feet of total living space, two residences, 7 bedrooms, 4.5 bathrooms, substantial renovations already completed, and supporting plans and documentation available, this property presents a unique opportunity for an investor looking to complete the rehab, potentially subdivide, and maximize the property value. Bring your vision and finish the transformation. This is an exceptional value add opportunity in a rapidly growing North Texas area.

Property Features

Location Information

County

Grayson

Subdivision

NA

Interior Features

Rooms

Second Floor Bedroom, Second Floor Bedroom, Second Floor Bedroom, First Floor Living Room, First Floor Primary Bedroom

Living Room Description

16 x 18

Interior

Pantry

Has Fireplace

No

Master Bedroom Description

14 x 15

Number of Fireplaces

0

Full Baths

2

Cooling

Central Air, Ceiling Fan(s), Electric

1/2 Baths

1

Exterior Features

Style

Detached

Lot Description

Acreage

Stories

2

Lot Size in Acres

1.5

Utilities

Sewer Available, Water Available

Lot Size in Sq. Ft.

65,340

Parking Description

See Remarks

Is One Story

No

Garage Spaces

0

Lot Description

Acreage

Pool Description

None

School

Elementary School District

Bells ISD

Jr. High School

Pritchard

Elementary School

Bells

High School

Bells

Additional Information

Property Type

SFR

Status

Active

Property SubType 2

House

Has a Home Owners Association

No

Property SubType

Single Family Residence

Tax Annual Amount

7275.0

Year Built

2001

Similar Listings

Mortgage Calculator

$2,079

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,605

Monthly Tax

$371

Monthly Insurance

$103

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder