Status
Market MatchUP
How this home compares to similar 5 bedroom homes in Gordonville- Price Comparison$568,486 lower
- Home Size910 sq. ft. smaller
- Built in 1968Older than 78% of homes in Gordonville
- Gordonville Snapshot• 52 active listings• 4% have 5 bedrooms• Typical 5 bedroom size: 2958 sq. ft.• Typical 5 bedroom price: $738,485
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 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.
MLS Listing ID
Listed By
Map
Estimated Monthly Payment
$1,475Loan Amount
$161,500This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.
Home Facts
Bathroom
Kitchen
Appliances
- Dishwasher
- Convection Oven
- Gas Oven
- Disposal
- Vented Exhaust Fan
Laundry
Laundry Features
- Electric Dryer Hookup
Highlights
Interior Features
- Cable TV
- Decorative/Designer Lighting Fixtures
- Wired for Sound
- Vaulted Ceiling(s)
Roof
- Composition
Sewer
- Septic Tank
Levels
- Multi/Split
- Two
Cooling
- Ceiling Fan(s)
- Electric
- Zoned
- Window Unit(s)
Pool Features
- None
Parking Features
- Garage Faces Front
- Garage Faces Side
- Garage Faces Rear
- Circular Driveway
Community Features
- Trails/Paths
- Marina
Fireplace Features
- Gas Log
Flooring
- Ceramic Tile
Foundation Details
- Pillar/Post/Pier
Architectural Style
- Split Level
- Detached
- Traditional
Construction Materials
- Wood Siding
Heating
- Electric
- Zoned
Utilities
- Septic Available
- Cable Available
- Water Available