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$399,000

Listing Price

--beds

--baths

4,050sqft

65,340sqft lot

308 S Jernigan St, Bells, TX 75414

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

98.52

Price / sqft

2001

Year built

Home Details

Investor Opportunity Partially Completed Rehab on 1.5 Acres in Fast Growing North Texas. Seller Financing Available.nAttention 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.nBoth 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.nConveniently 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.nTo 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.nWith 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 su

Interior Details

Square Feet
  • 4050

Bedrooms
  • N/A

Bathrooms
  • N/A

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 65340

Water
  • No

Sewer
  • No

Parking
  • Type:

    Carport (unspecified)

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,216

$0

$0

--%

$89,176

2019

$2,071

$0

$0

--%

$81,069

2018

$2,003

$0

$0

--%

$73,699

2017

$1,781

$0

$0

--%

$66,999

2016

$1,639

$0

$0

--%

$60,908

2014

$1,273

$8,821

$38,534

--%

$47,355

2013

$1,257

$8,821

$38,534

--%

$47,355

2012

$2,036

$8,250

$38,534

--%

$46,784

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Average Home Price in 75414

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
399,000
$
Down payment
79,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,394
$
HOA (Monthly)
0
$
PMI
0
$
$2,583
Your Payment
Total Monthly Payment:$2,583
Percent of Income:44%
Affordable:No

Details for 308 S JERNIGAN ST

Property Debt

Foreclosure Contact Details