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Gordonville,TX 76245
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,048 sqft
Price per Sqft $83
Subdivision Wright Acres
MLS Listing ID 21029585
Style Split Level,Traditional
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1968
Annual Tax Amount $2,630
Lot Size 0.279 Acres
Property Sub-Type Single Family Residence
Property Description
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 sheetrock, 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.
Location
State TX
County Grayson
Community Greenbelt,Marina
Rooms
Dining Room 2
Interior
Heating Electric,Zoned
Cooling Ceiling Fan(s),Electric,Window Unit(s),Zoned
Flooring Ceramic Tile
Fireplaces Number 1
Fireplaces Type Gas Logs
Laundry Electric Dryer Hookup
Exterior
Community Features Greenbelt,Marina
Utilities Available City Water,Septic
Roof Type Composition
Building
Lot Description Cul-De-Sac,Greenbelt,Interior Lot,Lrg. Backyard Grass,Many Trees
Story Two
Foundation Pillar/Post/Pier
Structure Type Wood
Schools
Elementary Schools Whitesboro
Middle Schools Whitesboro
High Schools Whitesboro
School District Whitesboro Isd
Others
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21029585