718 Houston St, Sulphur Springs, TX 75482

Description

Uncover the ultimate equity-building project with this 1940s character home situated directly across from the high school football stadium. Offering unbeatable premium visibility and excellent long-term rental demand, this property features a desirable layout of two bedrooms and two bathrooms. The interior retains its original 1940s hardwood flooring, which serves as a fantastic foundational feature just waiting to be restored to its former glory. This high-traffic location makes the property a perfect candidate for a total fix-and-flip execution or a lucrative buy-and-hold addition to your portfolio.This property is a true blank canvas requiring a full down-to-the-studs rehabilitation. The necessary structural and cosmetic scope of work includes complete foundation leveling, a full roof tear-off and replacement, and comprehensive flooring repairs before tackling the hardwoods. Both the kitchen and the bathrooms require complete modern updates from scratch. Bring your contractor and your vision to capitalize on this raw potential, as exposure like this does not stay on the market long. The seller is seeking cash or hard money buyers only for a swift transaction.
***Please note! House is probably closer to 1500 square feet as the laundry room and primary bathroom have been added and are not reflected on tax rolls.*** The house next door at 720 Houston could possibly be sold with this one for a negotiated price.