$190,000

703 N Parmele Street, Leonard, TX 75452

  • 5 beds |
  • 2 baths |
  • 2,814 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $68/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Historic Charm. Instant Equity. Endless Potential! Now offered at just $190,000! Here’s your opportunity to own a piece of Leonard history while creating substantial equity from day one. With an estimated After Repair Value of approximately $395,000+, this spacious 5-bedroom, 2-bath home offers an incredible value for buyers ready to make it their own. Qualified buyers may be eligible for an FHA 203(k) Renovation Loan, allowing you to purchase the home and finance eligible renovations into one convenient mortgage. Instead of paying top dollar for someone else’s updates, create the home you’ve always wanted while building equity along the way. The seller is also open to discussing a unique financing opportunity with approximately 20-25% down, allowing a buyer to assume or take over the existing loan balance (subject to seller approval and lender requirements). Ask for details. Built in 1945, this character-filled home features 3 fireplaces, sits on a .33-acre corner lot, and includes a small barn, storm shelter, and mature trees. Many improvements have already been started, giving you a head start on completing the renovation. Sold AS-IS, with the AC working well, water available for inspections, and the refrigerator, washer, and dryer conveying. Opportunities like this are becoming harder to find. If you’ve been looking for a home where your investment can pay you back in equity instead of paying retail for someone else’s remodel, this is one you’ll want to see. Schedule your showing today!

Listing Status:
Active
Data Last Updated:
August 4, 2026 at 11:20PM
Listing Office:
Coldwell Banker Apex, REALTORS : 972-727-3377
Listing Agent:
Robbie Robertson :
MLS ID:
21305334
  • General: Decorative/Designer Lighting FixturesEat-in Kitchen
  • Appliances: DishwasherElectric RangeDisposalRefrigerator
  • Laundry: Electric Dryer HookupLaundry in Utility Room
  • Flooring: Hardwood
  • A/C: Central AirCeiling Fan(s)
  • Heating: CentralElectric
  • Fireplace: DecorativeFireplaceFireplaces: 3
  • Style: Early AmericanDetached
  • Pool: None
  • Parking: Driveway
  • Roofing: Composition
  • General: Frame2Pillar/Post/Pier
  • Originating MLS: NTR
  • School District: Leonard ISD
  • County: Fannin
  • Zoning: WILSON PENDERGRASS ADDNBLOCK 9LOT 10-12000000090547
  • Fencing: Back Yard
  • Utilities: Sewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Robbie Robertson , Coldwell Banker Apex, REALTORS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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