UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,191 sqft
Subdivision Degan
MLS Listing ID 21332924
Style Traditional
Bedrooms 2
Full Baths 2
HOA Y/N None
Year Built 1954
Annual Tax Amount $2,843
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Single Family Residence
Property Description
Unlock the potential of this prime investment property located in the highly sought-after Lewisville Design District. Much of the heavy lifting of approvals has already been completed, making this an outstanding opportunity for an investor, builder, or buyer looking for their next renovation project.
The property has already received Lewisville Design Committee approval for an addition that expands the home to approximately 1,575 square feet, transforming it into a desirable 3-bedroom, 2-bath floor plan featuring a new primary suite and Jack-and-Jill bathroom configuration. The project is now positioned to move into the City permitting process, allowing the next owner to pick up where the current owners left off.
Situated on a generously sized lot with a detached two-car garage, this property offers excellent upside in one of Lewisville's fastest-evolving neighborhoods. Whether your strategy is to renovate and resell, build long-term equity as a rental, or customize the home for yourself, this property provides a significant opportunity based on your preference.
Opportunities with approved design plans in this location are rare. Bring your contractor, your vision, and your creativity to capitalize on everything this project has to offer.
*No assignments*
*Cash or Hard Money only*
Location
State TX
County Denton
Direction GPS Friendly
Rooms
Dining Room 1
Interior
Interior Features Other
Heating Central, None
Cooling Central Air, None
Appliance None
Heat Source Central, None
Exterior
Garage Spaces 2.0
Fence Wood
Utilities Available City Sewer, City Water
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Building
Lot Description Interior Lot
Story One
Foundation Slab
Level or Stories One
Structure Type Concrete
Schools
Elementary Schools Central
Middle Schools Delay
High Schools Lewisville
School District Lewisville Isd
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21332924
NEARBY SCHOOLS & PROPERTIES
Agent | License ID: 0705265
+1(682) 554-2749 | francisco@mtzrealestategroup.com