3 bedrooms, 2 bathrooms, 1500 square feet, attached garage, built 1980, 0.46 acres (lots 523-526), pier & beam foundation (walks flat), metal roof, septic system, central AC/heat, large wood shed, wood deck in backyard, Simmons Shores HOA.
Desirable subdivision with negligible fees and restrictions (copies of which are available upon request). Tax records indicate 1252 SF, but our measurement indicates more than 1500 SF. We may order an official measurement from an appraiser soon. Several exit strategies available to an investor with modest rehab, including short-term vacation rental as this property is walkable to Lake Texoma and less than a mile to the nearest boat ramp. The land itself is appraised at over $30,000 by the Grayson County Appraisal District.
Sold Comps in Simmons Shores in Last 12 Months
- 479 Willow, 3/2/0, 1080 SF, built 2000, 0.69 acres, $135,000 on 9/21/20, 14 DOM
- 287 Pecan, 3/2/1, 1634 SF, built 1971, 1.03 acres, $140,000 on 9/8/20, 4 DOM
- 125 Clayton, 3/2/0, 1135 SF, built 1982, 0.46 acres, $145,000 on 3/6/20, 37 DOM
- 76 Hickory, 3/2/0, 1152 SF, built 1978, 0.63 acres, $153,000 on 1/30/20, 74 DOM
- 443 Lee, 3/2, 1960 SF, built 1970, 0.23 acres, $170,000 on 11/6/19, 32 DOM
Strike First Properties, LLC, is offering this deal as an assignment of contract. Do your own due diligence on all aspects of this deal before signing any contract. Buyer must pay cash and is responsible for all transactional closing costs. No financing of any kind. Realtors or wholesalers must add their own fee on top. Title is open at Security Title in Sherman and will not be moved. Property is vacant and available for immediate showings. Contact us for details.