379 E Golden Oaks Drive

Mabank, TX 75156

Lots of potential with this property on two lots, close to an acre, close to town, but it's not in the city! The second lot is to the right of the house as you are facing it from the street. With close to an acre of land, you could easily add a garage to the house or build a pretty large detached shop. There is currently a 12x16 shed in the back yard that could be renovated into a shop or even a man cave. House has two attached carport areas. Fix it and flip it, fix it and live in it or fix it and lease it out. Rentals are really hard to find that have this much space to expand! There is a lot of equity to be made here for an owner occupant or an investor! Will not qualify for traditional financing. Needs new electric panel. Seller (who is also the listing agent) will owner finance with 25% down, good credit and 8.5% financing and sales price of $110k. Buyer to verify schools.

Listing courtesy of Tony Fortner of The Michael Group [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-04-25 07:01 PM CDT