308 S Jernigan Street, Bells, TX 75414
Local realty services provided by:ERA Myers & Myers Realty
Listed by: bhavik jaguwala, vinay bansal
Office: reputed brokerage
MLS#:21360795
Source:GDAR
Price summary
- Price:$399,000
- Price per sq. ft.:$98.52
About this home
Investor Opportunity Partially Completed Rehab on 1.5 Acres in Fast Growing North Texas
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....
Contact an agent
Home facts
- Year built:2001
- Subdivision & Development:NA
- Listing ID #:21360795
- Added:45 day(s) ago
- Updated:October 01, 2026 at 01:10 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:4,050 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Central air:Yes
Structure and exterior
- Year built:2001
- Building area:4,050 sq. ft.
- Lot area:1.5 Acres
- Lot Features:Acreage
- Levels:2 Story
Schools
- High school:Bells
- Middle school:Pritchard
- Elementary school:Bells
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$98.52
- Tax amount:$7,275
New listings near 308 S Jernigan Street
- New
$545,000Active4 beds 3 baths2,498 sq. ft.1001 Johnson Trail, Bells, TX 75414
MLS# 21393309Listed by: COMPASS RE TEXAS, LLC. - Open Sun, 12 to 2pm
$1,125,000Active4 beds 5 baths3,960 sq. ft.153 Red Bird Lane, Bells, TX 75414
MLS# 21385016Listed by: EXP REALTY
$775,000Active4 beds 2 baths1,768 sq. ft.274 N Washburn Road, Bells, TX 75414
MLS# 21370007Listed by: SOLUTIONS REALTY LLC
$136,400Active3 beds 2 baths2,108 sq. ft.297 Lil Arkansas Road, Bells, TX 75414
MLS# 43936019Listed by: STARCREST REALTY, LLC
$435,000Active17.67 Acres44 Sanford Road, Bells, TX 75414
MLS# 21361574Listed by: TEN TWENTY REALTY LLC
$625,000Active4 beds 3 baths2,535 sq. ft.45 Halliburton Drive, Bells, TX 75414
MLS# 21365354Listed by: EASY LIFE REALTY
$225,000Active6.2 AcresTBD Gilliam Road, Bells, TX 75414
MLS# 21369186Listed by: MINT REAL ESTATE LLC
$85,000Active2 beds 1 baths1,034 sq. ft.414 S Broadway Street, Bells, TX 75414
MLS# 21350299Listed by: EXP REALTY, LLC
$930,000Active3 beds 1 baths1,025 sq. ft.3636 State Highway 56, Bells, TX 75414
MLS# 21344700Listed by: VINCENT REALTY GROUP