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Jennifer Burrus

jen@liketolivehere.com +1(318) 349-0022

$ 189,900

Est. payment -/mo

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Active

5905 Jefferson Paige Road Shreveport, LA 71119

3 Beds

4 Baths

2,200 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Subdivision Rural

MLS Listing ID 21222880

Style Ranch

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Y/N None

Year Built 1965

Lot Size 2.090 Acres

Acres 2.09

Property Sub-Type Single Family Residence

Property Description

ZERO OUT OF POCKET OPPORTUNITY OF A LIFETIME with a $1,400 TOTAL MONTHLY PAYMENT. Appraisal on file for $225,000 means you'll have $25,000+ instant equity (profit potential) from day one. MOVE-IN ready home with neutral white on white paint, gray cabinets, vanities and flooring to give the next buyer a CLEAN PALLET to make this house their home. Practically everything is new to include stainless steel appliances, HVAC, tankless water heater, lights, fans, flooring, kitchen cabinets, vanities, toilets, counter tops and more. The optimum words in real estate are POTENTIAL and OPTIONS and this home offers both. POTENTIAL for garage, shop, another home for family members or rental property. OPTION to have farm animals. small farming and to convert back acreage to RV park. Hard to believe this home is rural (out of city limits) yet literally a stone's throw to the best shopping, dining the area has to offer off Pines Road. Close to I 20, I 220, I 49, Texas border and Shreveport international airport, Cross Lake boat launch, downtown Shreveport, Bossier City, Barksdale AFB, and so much more. Home priced far below the market value with plenty of room for assisting the next buyer get into this home for zero down (no money out of pocket). All you need is good credit (620 +) and a toothbrush (kidding, kinda) to move into this home. CALL FOR DETAILS (AGENTS MUST REVEIW AGENT REMARKS BEFORE SHOWING).
INVESTORS: Consider making an offer based on the appraised value of $225,000 and obtain an $30,000 allowance for closing costs, pre paids, home warranty and Updates to be applied to 20% DSCR loan. This will require you to come out of pocket approximately $20,000 for a 80% LTV ($180,000 and approximately $1,500 total monthly note. Rent home for $2,000 earning $500 monthly with a 4-year ROI) Consider converting back acre into an RV park or build a new home or Mobile Home to add to your rental portfolio.

Location

State LA

County Caddo

Direction Google Map Address or call BROKER OWNER for directions

Rooms

Dining Room 0

Interior

Interior Features Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Walk-In Closet(s)

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Laminate, Vinyl

Appliance Dishwasher, Gas Range, Microwave

Heat Source Central

Laundry Electric Dryer Hookup, In Hall, Full Size W/D Area, Dryer Hookup, Washer Hookup

Exterior

Utilities Available Cable Available, City Water, Electricity Available, Gravel/Rock, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Outside City Limits

Roof Type Asphalt

Garage No

Building

Lot Description Cleared, Lrg. Backyard Grass

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Wood

Schools

Elementary Schools Caddo Isd Schools

Middle Schools Caddo Isd Schools

High Schools Caddo Isd Schools

School District Caddo Psb

Others

Acceptable Financing Conventional, FHA, VA Loan, Other

Listing Terms Conventional, FHA, VA Loan, Other

Special Listing Condition Owner/ Agent

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21222880

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Jimmy Stewart • Primeaux Realty, LLC

NEARBY SCHOOLS & PROPERTIES

Jennifer Burrus

Agent

+1(318) 349-0022

Jennifer Burrus

5905 Jefferson Paige Road Shreveport, LA 71119

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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5905 Jefferson Paige Road