2005 N 20th Street, Memphis, TX, 79245

Description

Tucked away on a quiet cul-de-sac in northwest Memphis, this brick 3-bedroom home offers great potential as a fixer-upper. Featuring 1.5 bathrooms—both partially updated—the layout centers around a spacious living area that flows into a kitchen and dining combo. Off the kitchen, you'll find access to the single-car garage, complete with washer and dryer hookups. Additional highlights include central heating and walk-in closets for ample storage. Three of the eight windows have recently been replaced. The garage door is insulated. Survey dated 2-6-2025 is available. Have you looked into the costs of building your own new home? This home is priced below the Hall County Appraisal District's Market Value of $68,590. Taxes for 2024 were $1,270.45. The 2025 taxes are (see more) estimated at $1,514.98 w/o any exemptions. Do not let this one slip away. All potential Buyers must present a Pre-Qualification Letter, Pre-Approval Letter or a Bank Letter showing proof of available funds prior to any showings. NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY THE LISTING AGENT OR AN AGENT WHO HAS WRITTEN PERMISSION FROM THE LISTING AGENT. This property is Broker/Agent owned. This property is not for Rent and not for Lease. Owner Financing is available. The following Owner Financing terms are based on the List Price of $68,000: $34,000 cash down payment, with balance of $34,000 being Seller Financed at 12.00% APY for one year with 11 monthly payments of approximately $600.19 and a balloon payment at the end of the first year. This will allow you up to one year to complete your wanted improvements, then you can refinance at a bank at a much lower interest rate and payment. Seller is very negotiable with an all cash offer for the property As Is.