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Investor Special in South Texas – Edna, Texas 77957 – $82,500
Please read ENTIRE post for details on how to get the address and more pictures before responding.
We DO NOT respond to comments asking if it is available. If it is listed its available.
We do not post the address because it may be occupied and/or we have specific showing instructions, and you can’t just knock on the door (it has happened).
3 bed 2 bath single family home needing some repairs.
This 1-story home is 1486 sq. ft on a 7,072 sq. ft lot.
The house has great potential for a fix and flip or fix and rent. It is in an excellent neighborhood of Edna and is within walking distance of the hospital, restaurants, and shops on main street. Victoria, TX is approximately a half hour away while Texana Park and Campground and Lake Texana is less than 10 minutes away and Point Comfort on Lavaca Bay is less than 30 minutes away.
The ESTIMATED amount of repairs is around $25k-35k depending on who does it and what you do.
The shingled roof was replaced approximately 2 years ago with a 30-year roof. The house had an extension added to rear of the house adding a dining area and master bathroom. The flat roof over the extension on the house was not updated when shingle roof was installed and needs to be replaced. The single car garage was converted into additional living space and a carport added to front of the house.
An option to add a true master suite in rear of the house (approximately 400 sq. ft) is possible with house layout and lot. The neighbor 2 houses down the street with a similar original house added a master suite significantly improving the overall value.
The property needs a combination of cosmetic and fundamental repairs.
Fundamental Repairs:
- Replacement of the flat roof section over the dining area and master bathroom. The master bathroom has a hole in the roof and has deteriorated the floor and wall. This is the worse section of the house and needs the most attention.
- House needs to be leveled along with some subfloor repairs.
- Central HVAC system needs to be completely replaced. (Currently house is cooled by window units)
Cosmetic and Efficiency Repairs:
- Exterior
- Paint
- Siding, Facia and Trim replacement / repairs
- Removal of debris from yard
- Removal of covers/overhang in rear of the house
- New double pane windows
- Interior
- New carpet and flooring throughout
- Repair sheetrock on walls and ceilings
- Possibly replace doors (or just paint)
- Paint throughout
- New Master bathroom (after repairs to roof, walls and floors)
- Update to kitchen cabinets and counter tops
- Light fixtures / ceiling fans
The house is located 1.5 miles from the elementary school, 1.2 miles from high school and approximately ½ mile from the middle school.
Our properties need updates/repairs and are offered at a deep discount for a fast cash sale.
Because our properties need repairs, they do not qualify for traditional financing.
Please call or text Lee at 832-730-1995 or email info@SNLpropertysolutions.com for showing instructions, the address and additional pics and details.
Please send a message with your phone number and email to receive viewing instructions and additional details.