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BlogsLand BankingTexas sized rehab

Posted about 14 years ago

Texas sized rehab

I am wrapping up a large rehab on a home and ranch in Greenville, TX.    What do I mean by large?  This house is 6992 square feet on a 51 acre ranch. The home was built in 2003 but never completed, so I bought it, and finished it.  We just got it listed on Friday for $488,000.00. 

I also plan to offer the house on 10 acres as well as a rental option.  

Here is the Realtor.com listing to 3060 CR 2182, Greenville, TX 75402

http://www.realtor.com/realestateandhomes-detail/3060-County-Road-2182_Greenville_TX_75402_M83400-17142?ex=TX550445183

This ranch isn't far from my own home and ranch where we have a rental cabin that is booking up nicely.   http://www.caddostar.com

More posts to follow on this, the biggest home I've ever tackled.  


Comments (8)

  1. Tod, there is a sub listing with the house on 10 acres for $389K. Yes, if I sold the 6992 square foot house on 10 acres, I'd pay off the loan, and have the 41 acres free and clear. Land banking!

    Jon Klaus, about 14 years ago


  2. If you also offer as 10 acre tract, do you have a separate listing? Would this leave the remaining 41 acres free and clear for you?

    Tod R., about 14 years ago


  3. Sounds like that was quite a project. Great job.

    Account Closed, about 14 years ago


    1. A great thing about Texas is that you can but a ranch for the price of a house in Seattle ; )

      Jon Klaus, about 14 years ago


  4. wow, very nice finish jon! almost makes me want to look into acreage for my homestead.

    Account Closed, about 14 years ago


    1. Let me know if you want to look at land, Anthony. I'm addicted to the dirt.

      Jon Klaus, about 14 years ago


  5. Good luck with the project, Jon. I can't wait to see the pics after completion, and look forward to an invitation to come and play on the 51 acres ;)

    Joshua D., about 14 years ago


    1. Thank you Joshua. You know are welcome to visit. Caddostar is a great place to relax and play.

      Jon Klaus, about 14 years ago