About 640 Rose Circle
Investor special with strong upside in Gordonville. Located in a quiet lake-side community near Lake Texoma, this property sits on a large double lot with mature trees and a secluded setting, offering both privacy and potential. The home includes separate entrances for both upstairs and downstairs, creating excellent rental or multi-generational possibilities. The downstairs is currently unfinished and designed for 2 bedrooms, 1 full bath, a living area, and storage. It will need flooring and full finish-out to complete. The upstairs is fully functional, featuring an open kitchen, a spacious family room with tile flooring, 3 bedrooms, and 1.5 baths. Additional improvements are needed, including a new roof and siding updates. Once renovations are complete, the property’s estimated after-repair value (ARV) is approximately $290,000, creating excellent upside for investors. Just minutes from Lake Texoma and Sherman, this home offers seclusion, space, and long-term potential in a desirable and growing area.
Features of 640 Rose Circle
| MLS® # | 21029585 |
|---|---|
| Price | $170,000 |
| Bedrooms | 5 |
| Bathrooms | 2.10 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 2,048 |
| Acres | 0.28 |
| Year Built | 1968 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Split Level, Traditional |
| Status | Active |
Community Information
| Address | 640 Rose Circle |
|---|---|
| Subdivision | Wright Acres |
| City | Gordonville |
| County | Grayson |
| State | TX |
| Zip Code | 76245-2352 |
Amenities
| Utilities | City Water, Septic |
|---|---|
| Features | Greenbelt, Marina |
| Garages | Circular Driveway, Garage Faces Front, Garage Faces Rear, Garage Faces Side |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, Decorative Lighting, Sound System Wiring, Vaulted Ceiling(s) |
|---|---|
| Heating | Electric, Zoned |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Gas Logs |
Exterior
| Lot Description | Cul-De-Sac, Greenbelt, Interior Lot, Lrg. Backyard Grass, Many Trees |
|---|---|
| Roof | Composition |
| Construction | Wood |
| Foundation | Pillar/Post/Pier |
School Information
| District | Whitesboro ISD |
|---|---|
| Elementary | Whitesboro |
| Middle | Whitesboro |
| High | Whitesboro |
Listing Details
| Agent | James Spece |
|---|---|
| Office | James Spece - Realtor Inc. |