308 S Jernigan Street, Bells, TX 75414
Local realty services provided by:ERA Empower
Listed by: bhavik jaguwala, vinay bansal
Office: reputed brokerage
MLS#:21360795
Source:GDAR
Price summary
- Price:$445,500
- Price per sq. ft.:$110
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:1 day(s) ago
- Updated:August 17, 2026 at 02:05 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:$445,500
- Price per sq. ft.:$110
- Tax amount:$7,275
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