240 Elm Drive, Murchison, Texas

$88,000
Active
240 Elm Drive, Murchison, Texas
240 Elm Drive, Murchison, Texas
240 Elm Drive, Murchison, Texas
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Property Details

MLS ID: 26000848
Status: Active
Price: $88,000
Address: 240 Elm Drive
City, State: Murchison, TX
County: Van Zandt County
ZIP Code: 75778
Lat/Long: 32.36636, -95.69936
Bedrooms: 2
Bathrooms: 2

Description

INVESTOR OPPORTUNITY – Rare chance to acquire four lots for the price of one in the gated Hickory Hills HOA on Callender Lake in Murchison, TX. This corner property includes a 2-bedroom, 2-bath mobile home with lake views and road frontage on all four lots. Property is currently occupied. The home needs repairs and is being sold as-is, making it ideal for investors, flippers, or developers. Keep and renovate the existing home, or remove the home and split into four individual buildable lots — strong upside potential either way. This Subdivision allows for Tiny Homes, RVs, Mobile Homes are all allowed. HOA amenities include private gated access, private boat ramp, swimming pool, park, and large pavilion. Property features a fenced backyard, storage building, large tornado shelter, and wood-burning stove in the living area. Road access is solid, utilities connected, and the rear of the property offers mature trees with a creek running behind all four lots, adding value, privacy, and drainage. Lake-area demand plus gated access makes this a strong long-term hold, flip, or resale play. Priced for condition and potential. Bring offers.

Directions: By Appointment Only, List Agent Must Accompany, Combination Lockbox

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Andy Flack

Andy Flack

HomeLand Properties, Inc.

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HomeLand Properties, Inc.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.

Listed By: Norma Barrett of Coldwell Banker Anderson Realtors - (214) 779-7405