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Investor Opportunity Partially Completed Rehab on 1.5 Acres in Fast Growing North Texas. Seller Financing Available. Attention investors! This unique property offers two residences on approximately 1.5 acres with 4,050 square feet of total living space. The front single family home features 4 bedrooms and 2.5 bathrooms, while the back barndominium features 3 bedrooms and 2 bathrooms, providing an excellent value add opportunity for an investor, builder, or rehab specialist. Both homes are approximately 60 to 65 percent remodeled, with substantial renovation work already completed. The remaining work provides an opportunity for the investor to finish the renovations ...and potentially capture significant upside. Conveniently located near the intersection of Highway 69 and Highway 56, the property is approximately 20 minutes from Sherman and situated within the expanding North Texas growth corridor. To make the process easier for the next owner, a property survey, city application for subdividing the parcel into two lots, and upgrade and renovation plan are available. These materials provide a helpful roadmap for completing the project and exploring the potential subdivision opportunity. With 1.5 acres, 4,050 square feet of total living space, two residences, 7 bedrooms, 4.5 bathrooms, substantial renovations already completed, and supporting plans and documentation available, this property presents a unique opportunity for an investor looking to complete the rehab, potentially subdivide, and maximize the property value. Bring your vision and finish the transformation. This is an exceptional value add opportunity in a rapidly growing North Texas area.

North Texas Real Estate Information Systems, MLS#: 21427930
Listed By: Reputed Brokerage, Bhavik Jaguwala
Co-listed By: Vinay Bansal

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Bedrooms

  • Total Bedrooms: 4

Bathrooms

  • Full bathrooms: 2
  • Half bathrooms: 1

Architectural Style

  • Detached

Cooling

  • Central Air
  • Ceiling Fans
  • Electric

Interior Features

  • Pantry

Levels

  • Two

Lot Features

  • Acreage

Parking Features

  • See Remarks

Pool Features

  • None

Sewer

  • Public Sewer

Structure Type

  • House

Utilities

  • Sewer Available
  • Water Available

WaterSource

  • Public

Rooms

  • Living Room
  • Bedroom
  • Bedroom
  • Bedroom
  • Primary Bedroom
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Listed By:
Reputed Brokerage
Bhavik Jaguwala
Vinay Bansal

Data Source: North Texas Real Estate Information Systems

MLS#: 21427930

Data Source Copyright: © 2026 North Texas Real Estate Information Systems All rights reserved.

Provided by North Texas Real Estate Information Systems. © 2026 All rights reserved.

This property was listed on 11/3/2026 and last updated as of 11/4/2026 1:10:45 PM. OSI IDX updated the data from North Texas Real Estate Information Systems on 11/7/2026 at 2:44 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.