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308 S Jernigan Street

Bells, TX 75414 · View on map ↓

4Beds
2 + 1Baths
4,050Sqft
↓ $46,500 · Sep 11, 2026
$399,000
MLS# 21360795

Overview

4 / 2 + 1
Bed / Bath / Gar
4,050
Sq Ft
2001
Year Built
1.5 acres
Lot Size
58
CDOM
Single Family
Type

Description

Investor Opportunity Partially Completed Rehab on 1.5 Acres in Fast Growing North Texas. Seller Financing Available. Attention investors! This unique property offers two residences on approximately 1.5 acres with 4,050 square feet of total living space. The front single family home features 4 bedrooms and 2.5 bathrooms, while the back barndominium features 3 bedrooms and 2 bathrooms, providing an excellent value add opportunity for an investor, builder, or rehab specialist. Both homes are approximately 60 to 65 percent remodeled, with substantial renovation work already completed. The remaining work provides an opportunity for the investor to finish the renovations and potentially capture significant upside. Conveniently located near the intersection of Highway 69 and Highway 56, the property is approximately 20 minutes from Sherman and situated within the expanding North Texas growth corridor. To make the process easier for the next owner, a property survey, city application for subdividing the parcel into two lots, and upgrade and renovation plan are available. These materials provide a helpful roadmap for completing the project and exploring the potential subdivision opportunity. With 1.5 acres, 4,050 square feet of total living space, two residences, 7 bedrooms, 4.5 bathrooms, substantial renovations already completed, and supporting plans and documentation available, this property presents a unique opportunity for an investor looking to complete the rehab, potentially subdivide, and maximize the property value. Bring your vision and finish the transformation. This is an exceptional value add opportunity in a rapidly growing North Texas area.

Mortgage Calculator

20% · $79,800
0%50%
Principal & Interest$2,018(72%)
Property Tax$606(22%)
Homeowner's Insurance (est.)$166(6%)
Est. Monthly Payment$2,790/mo
Est. Monthly$2,790

Estimate only — contact a lender for actual rates and terms.

Rooms

Primary Bedroom
14 x 15 / 1
Bedroom
12 x 12 / 2
Bedroom
11 x 12 / 2
Bedroom
11 x 11 / 2
Living Room
16 x 18 / 1
Interior Features
Pantry
Cooling
Central Air, Ceiling Fans, Electric
Utilities
Sewer Available, Water Available
Architectural Style
Detached
Pool
None
Levels
Two
Stories
2

Schools

Elementary
Bells (Bells ISD)
Middle
Pritchard (Bells ISD)
High
Bells (Bells ISD)

Price & Status History

DateEventPrice
9/11/2026Price change
Source: NTREIS #21360795
$399,000
8/16/2026Listed for sale
Source: NTREIS #21360795
$445,500

Nearby Properties

Listed by Bhavik Jaguwala · Reputed Brokerage
Co-listed by Vinay Bansal
Source: NTREIS · MLS#: 21360795

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

4bed
3bath
$399,000
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