703 N Parmele St, Leonard, TX 75452

Beds
5
Baths
2
Sqft
2,814
Garage
Yes

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Listed byColdwell Banker Apex, REALTORS
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Overview

Historic Charm • Incredible Opportunity • Flexible Financing Available!

Step back in time with this beautiful 1945 American classic offering 5 bedrooms, 2 bathrooms, and 3 fireplaces, all filled with timeless character and endless potential. Situated on a large .33-acre corner lot, the property also features a small barn, storm shelter, and mature trees, creating a setting that’s hard to find.

Many updates have already been started, giving the next owner an excellent head start on transforming this home into something truly special. Exterior siding has been partially replaced, with the remaining materials included to help complete the project.

One of the best features? This home may qualify for an FHA 203(k) Renovation Loan, allowing qualified buyers to purchase the home at today’s attractive price and finance eligible renovations into one convenient mortgage. It’s a fantastic opportunity to build equity while customizing the home to your style.

The seller is also open to special financing, including the possibility of assuming or taking over the existing loan balance with approximately 20-25% down (subject to seller approval and loan requirements). Contact the listing agent for details on this unique financing opportunity. Cash buyers are welcome as well.

Being sold AS-IS, with the AC operating well and water available for inspections. The refrigerator, washer, and dryer all convey, adding even more value.

With an estimated after-repair value approaching $395,000+, this is a rare chance to own a spacious historic home with tremendous upside. Bring your vision and make this Leonard landmark your own!

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
5
Number of bathrooms
2
Square feet
2,814
Lot size (acres)
0.34
Year built
1945

Interior features

Fireplaces
3
Laundry
Electric Dryer Hookup

Garage and parking

Garage parking spaces
1

Utilities

Heating
Electric, Central
Cooling
Central Air, Ceiling Fans

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 21305334 Last checked:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.