1501 Elizabeth Street, Gainesville, TX 76240

Investor Special! This 3-bedroom, 2-bath home sits on a large lot and offers incredible potential for the right buyer. The property needs TLC and a full rehab but has strong bones and a layout ideal for adding value. The existing carport can be converted into a second master suite, increasing the home to a 4-bedroom, 3-bath layout with approximately 1,400+ sq ft of living space. With plenty of room to expand and customize, this is a great opportunity for flippers, landlords, or anyone looking for a value-add project. Priced below all comps in the area, this home is perfect for a rental portfolio or resale. Sold As Is. Don’t miss out on this opportunity in a fast-growing market!