Finding an affordable property with existing infrastructure can appeal to buyers seeking a renovation or redevelopment project. In Marietta, Texas, this approximately 7,013-square-foot residential property is listed for $19,900 after a $5,100 price reduction. The property is described as a major fixer-upper, with no value assigned to the existing improvements, so buyers should evaluate the complete project rather than focusing only on the low purchase price. The structure is a classic 1920s bungalow, offering older architectural character but potentially requiring substantial work.
Existing utility infrastructure is another notable feature. Public water, electricity, and natural gas are listed as available, although buyers should confirm whether these services are connected and determine any required fees, upgrades, permits, or inspections. The property is described as residentially zoned, but intended uses, setbacks, parking, building requirements, and other regulations should be independently verified. A survey and professional site review could also clarify boundaries, access, dimensions, and development possibilities.
The property includes a concrete storm shelter and a detached storage building, both of which could provide practical value during and after a renovation. Their condition should be professionally evaluated, including structural integrity, moisture, drainage, roofing, and other relevant components. One important consideration is wastewater, as sewer is reportedly unavailable. Buyers should investigate approved alternatives, including any applicable soil, space, setback, environmental, and local health requirements, before committing to the project.
For investors, builders, landlords, or experienced owner-occupants, the low asking price may create an opportunity, but total project costs are more important than acquisition price. Inspections, construction, materials, labor, permits, utilities, taxes, insurance, financing, landscaping, holding costs, and contingency funds should all be considered. Local comparable sales and rental demand can help determine whether renovation, rebuilding, or another strategy makes sense. Before purchasing, buyers should independently verify the property condition, zoning, utilities, wastewater options, taxes, measurements, permits, and development possibilities.