Active

$800,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 4048 sq ft
Overview
  • ID: MFRTB8398612
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 4048 sq ft
Property Details
Remarks
Investor special - Tucked in one of Odessa’s most sought-after lake communities, this 4-bedroom, 3-bath, 4,000+ sq/ft home offers a rare opportunity to bring a large, architecturally striking residence back to life. Set on a 0.65-acre corner lot with mature oaks, the property is just steps from the community boat launch and offers serene lake views just beyond the backyard. The layout is spacious and is complimented with high ceilings, floor-to-ceiling windows, glass block accents, and travertine floors throughout. Some upgrades have already been made, including two new 3.5-ton AC units (plus a third 2-ton unit just four years old) and hurricane-rated windows installed on the front first floor. The porcelain tile roof was put on in 2007. The property is currently on septic and well, with the option to connect to county water. HOA dues are minimal at just $250/year, conveniently paid through property taxes. This home is mid-renovation and requires completion, including the kitchen, bathrooms, and finish work—making it a perfect candidate for a cash buyer, or 203K renovation financing. Whether you’re looking to flip, rent, or create a forever home in a high-demand neighborhood with lake access, this property offers serious potential. Book your showing today before its gone!
Financial Considerations
Price:
$800,000
HOA Fee:
250
Tax Amount:
$6651.51
Price per SqFt:
$197.63
Tax Legal Description:
HAMMOCK WOODS LOT 4
Exterior Features
Lot Size:
28000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
None
Furnished:
No
Floor:
Carpet, Concrete, Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1986
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
Buyer responsible for verifying lease restrictions through HOA.
Map
  • Address
    16006 ARMISTEAD LN
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