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$78,000

240 E Elm Drive, Murchison, TX 75778

2 bd 2 ba 952 sq ft Manufactured · Built 1977

Price / sq ft$82
HOA$30
Lot0.88 acres
Built1977
Stories1
SchoolsVan ISD
ElementaryRhodes
SubdivisionHickory Hills II
MLS #21156905
Est. $582/mo · 7.18% · 20% down What rate do you qualify for? Find out Own a home near Murchison?Free estimate from nearby sales, in 30 seconds. Estimate

About this home

INVESTOR OPPORTUNITY – Rare chance to acquire four lots for the price of one in the gated Hickory Hills HOA on Callender Lake in Murchison, TX. This corner property includes a 2-bedroom, 2-bath mobile home with lake views and road frontage on all four lots. Property is currently occupied. The home needs repairs and is being sold as-is, making it ideal for investors, flippers, or developers. Keep and renovate the existing home, or remove the home and split into four individual buildable lots — strong upside potential either way. This Subdivision allows for Tiny Homes, RVs, Mobile Homes are all allowed. HOA amenities include private gated access, private boat ramp, swimming pool, park, and large pavilion. Property features a fenced backyard, storage building, large tornado shelter, and wood-burning stove in the living area. Road access is solid, utilities connected, and the rear of the property offers mature trees with a creek running behind all four lots, adding value, privacy, and drainage. Lake-area demand plus gated access makes this a strong long-term hold, flip, or resale play. Priced for condition and potential. Bring offers.

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Features

  • Inside: Open Floorplan
  • Appliances: Electric Range, Electric Water Heater
  • Parking: Aggregate

Where it is

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Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.