640 Rose Circle
Gordonville, TX 76245
2048 sqft | 5 beds | 2.5 baths | 0.28 acres | #21029585
Description
Investor special with strong upside in Gordonville.
Located in a quiet lake-side community near Lake Texoma, this property sits on a large double lot with mature trees and a secluded setting, offering both privacy and potential.
The home includes separate entrances for both upstairs and downstairs, creating excellent rental or multi-generational possibilities.
The downstairs is currently unfinished and designed for 2 bedrooms, 1 full bath, a living area, and storage. It will need sheetrock, flooring, and full finish-out to complete.
The upstairs is fully functional, featuring an open kitchen, a spacious family room with tile flooring, 3 bedrooms, and 1.5 baths.
Additional improvements are needed, including a new roof and siding updates. Once renovations are complete, the property’s estimated after-repair value (ARV) is approximately $290,000, creating excellent upside for investors.
Just minutes from Lake Texoma and Sherman, this home offers seclusion, space, and long-term potential in a desirable and growing area.
Interior Details
- InteriorDecorative Designer Lighting Fixtures, Cable Tv, Vaulted Ceilings, Wired For Sound
- Fireplaces1
Heating & Cooling
- CoolingCentral Air, Ceiling Fans, Electric, Window Units, Zoned
- HeatingCentral, Electric, Zoned
Beds & Baths
- Bathrooms2.5
- Bedrooms5
- Full Baths2
- Half Baths1
Property Details
- Lot FeaturesBack Yard, Cul De Sac, Greenbelt, Interior Lot, Lawn, Many Trees
- Lot DescriptionBack Yard, Cul De Sac, Greenbelt, Interior Lot, Lawn, Many Trees
Measurements
- Acres0.279
- Square Feet2048
Parking
- Parking FeaturesCircular Driveway, Garage Faces Front, Garage Faces Rear, Garage Faces Side
- Parking TypeDriveway
Construction Details
- StyleSplit Level, Traditional, Detached
- Property Subtype AdditionalSingle Family Residence
- Property TypePurchase
Condition
- Year Built1968
Material information
- FoundationPillar Post Pier
- RoofComposition
Utilities / Energy Details
- AppliancesConvection Oven, Dishwasher, Disposal, Gas Oven, Vented Exhaust Fan
- Utility FeaturesSeptic Available, Water Available, Cable Available
- Sewer InformationSeptic Tank
- Utility SourcePublic
Community and Neighborhood Details
- Community FeaturesMarina, Trails Paths
- SubdivisionWright Acres
Location
- School DistrictWhitesboro ISD
- Elementary SchoolWhitesboro
- Middle SchoolWhitesboro
- High SchoolWhitesboro
- CountyGrayson
Financial Details
- Taxes Annual$2,630
- Days on Market (Cumulative)1
Other
- MLS #21029585
Location
Legal
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Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: James Spece (#0737814)
Listing Office: James Spece - Realtor Inc. (#SPECE01C)
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