703 N Parmele Street Leonard, TX 75452
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,814 sqft
Subdivision Wilson Pendergrass Add
MLS Listing ID 21305334
Style Early American
Bedrooms 5
Full Baths 2
HOA Y/N None
Year Built 1945
Annual Tax Amount $5,013
Lot Size 0.344 Acres
Acres 0.344
Property Sub-Type Single Family Residence
Property Description
Now offered at just $190,000!
Here's your opportunity to own a piece of Leonard history while creating substantial equity from day one. With an estimated After Repair Value of approximately $395,000+, this spacious 5-bedroom, 2-bath home offers an incredible value for buyers ready to make it their own.
Qualified buyers may be eligible for an FHA 203(k) Renovation Loan, allowing you to purchase the home and finance eligible renovations into one convenient mortgage. Instead of paying top dollar for someone else's updates, create the home you've always wanted while building equity along the way.
The seller is also open to discussing a unique financing opportunity with approximately 20-25% down, allowing a buyer to assume or take over the existing loan balance (subject to seller approval and lender requirements). Ask for details.
Built in 1945, this character-filled home features 3 fireplaces, sits on a .33-acre corner lot, and includes a small barn, storm shelter, and mature trees. Many improvements have already been started, giving you a head start on completing the renovation.
Sold AS-IS, with the AC working well, water available for inspections, and the refrigerator, washer, and dryer conveying.
Opportunities like this are becoming harder to find. If you've been looking for a home where your investment can pay you back in equity instead of paying retail for someone else's remodel, this is one you'll want to see. Schedule your showing today!
Location
State TX
County Fannin
Direction Use GPS! From Trenton Head south on US-69 toward Leonard. Continue for approximately 8 miles. In Leonard, turn right onto W Collins St. Continue west through Leonard for about 0.4 miles. Turn right on N Parmele St. go north approximately 0.2 miles. home will be on your right. Sign in Yard
Rooms
Dining Room 1
Interior
Interior Features Decorative Lighting, Eat-in Kitchen
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air
Flooring Hardwood
Fireplaces Number 3
Fireplaces Type Decorative
Appliance Dishwasher, Disposal, Electric Range, Refrigerator
Heat Source Central, Electric
Laundry Electric Dryer Hookup, Utility Room, Full Size W/D Area
Exterior
Exterior Feature Covered Patio/Porch
Garage Spaces 1.0
Carport Spaces 1
Fence Back Yard
Utilities Available City Sewer, City Water
Roof Type Composition
Total Parking Spaces 1
Garage Yes
Building
Lot Description Corner Lot, Few Trees, Lrg. Backyard Grass
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Leonard
High Schools Leonard
School District Leonard Isd
Others
Restrictions No Known Restriction(s)
Acceptable Financing Cash, Contact Agent, FHA-203K, Special Funding, Other
Listing Terms Cash, Contact Agent, FHA-203K, Special Funding, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21305334
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