15545 Highway 31

The property will require some renovations. It has 4 bedrooms, 2 and a half baths and 2 living areas. 2 bedrooms are upstairs and 2 bedrooms are downstairs. It has two fire places, 2 living areas and it sits on about an acre of land (.99 acre). Navarro College is only about 15 minutes away, so if you are an investor, it could be renovated to rent out to several college students. The estimated repairs are around $30,000. The market value after the repairs is around $200,000. If you are a buyer and you want the property for your homestead, the FHA 203K loan will roll the repairs in with your loan and the repairs will be completed before you move in. Contact the agent for more information about the 203K loan,