1. Texas
2. Gordonville
3. 640 Rose Circle

640 Rose Circle, Gordonville, TX 76245

• 5 beds |
• 3 baths |
• 2,048 sqft

Property Description

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 sheetrock, 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.

Listing Status:

Active

Listing Office:

James Spece - Realtor Inc. : 469-688-1713

Listing Agent:

James Spece :

MLS ID:

21029585

Interior

• General: Decorative/Designer Lighting FixturesCable TVVaulted Ceiling(s)Wired for Sound
• Appliances: Convection OvenDishwasherDisposalGas OvenVented Exhaust Fan
• Laundry: Electric Dryer Hookup
• Flooring: Ceramic Tile
• A/C: Ceiling Fan(s)ElectricWindow Unit(s)Zoned
• Heating: ElectricZoned
• Fireplace: Gas LogFireplaceFireplaces: 1

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of James Spece, James Spece - Realtor Inc.