OVERHILL BASTROP, TX 78602

Features

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Facts

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Sale Type

Fannie Mae or Freddie Mac has foreclosed on this property because the owner couldn't meet their payments. Both are chartered by the U.S. Government to help lower-income families achieve homeownership. Special financing may be available.

Description

Looking for a fixer upper? This is your chance to buy below market in the coveted Lake Bastrop Acres subdivision with no restrictions and no HOA. New roof, garage doors and front door have been installed. All flooring and master bathroom has been removed. Otherwise, this house is being sold as-is. It will require 2 new bathrooms. The power (Bluebonnet Coop) and Aqua water are connected. Both the house and the lot are generously sized with plenty of room outside for a garden and out-building, shed or shop. The approximate property boundaries are marked with orange flags on the right and left of the house. There is no survey for this property; you will need to order it if needed. A Fannie Mae product is available for both primary residence buyers and investors that allows the borrower to borrow against the improved value of the home to pay for renovations. Ask a local mortgage broker or the listing agent for information about the program. This is a great opportunity to transform a house with good bones into a beauty with your own personal touches.