802 Cadwell, Yoakum, TX 77995
Local realty services provided by:ERA Brokers Consolidated
Listed by: elizabeth williams
Office: manning real estate group
MLS#:604022
Source:TX_FRAR
Price summary
- Price:$67,500
- Price per sq. ft.:$111.02
About this home
This unique dual-home property is a dream for investors or buyers seeking an advantage in 2026’s competitive rental market. With one home nearly ready for a tenant and a second home offering massive renovation potential, you can generate immediate cash flow while building long-term equity. Both homes face Jordan street and there is room to build another home or apartment complex on the corner of this massive lot.
Home 1 (2 Bed / 1 Bath): 95% Rental Ready
This unit is the property's workhorse. It features a spacious 2-bedroom layout and requires only minor finishing touches before it can be listed for rent. In the current 2026 market, 2-bedroom standalone rentals are in high demand, offering an income stream from day one.
Home 2 (1 Bed / 1 Bath): The "Diamond in the Rough"
Located on the same lot, this detached 1-bedroom home needs extensive work. It is the perfect project for a contractor or DIY enthusiast to customize into a premium "casita" or ADU (Accessory Dwelling Unit). Once renovated, this unit can serve as a second rental, a private guest house, or a dedicated home office.
Additionally, the two properties feature a spacious corner lot equipped with water and electrical hookups, ready for the construction of a home or an apartment complex.
Double Income Stream: Standalone units typically command higher rents than traditional apartments or duplexes because they offer private yards and no shared walls.
Built-in Equity: Purchase at a fixer-upper price point and realize significant value gain as you complete the second home's transformation.
As of early 2026, small multi-unit properties (2-4 units) are considered one of the strongest asset classes for individual investors due to the ongoing housing shortage and high demand for flexible living spaces.
Sold As-Is. Cash or renovation-style loans are highly recommended.
Don't wait for the renovation to be done—buy the potential today! Schedule your showing now....
Contact an agent
Home facts
- Year built:1950
- Listing ID #:604022
- Added:84 day(s) ago
- Updated:May 03, 2026 at 02:23 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Laminate
- Living area:608 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans
Structure and exterior
- Roof:Composition, Shingle
- Year built:1950
- Building area:608 sq. ft.
- Lot area:0.37 Acres
- Construction Materials:Wood Siding
- Foundation Description:Pillar/Post/Pier
- Levels:1 Story
Utilities
- Water:Public
Finances and disclosures
- Price:$67,500
- Price per sq. ft.:$111.02
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