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Land with Home for Sale in Bells, Texas

308 S Jernigan St, Bells, TX 75414

$445,500
1.5 acres
Active sale
ago
Est $2,882/mo

Investor Opportunity Partially Completed Rehab on 1.5 Acres in Fast Growing North Texas 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.

4,050
Sq feet
4
Beds
2
Full baths
1
1/2 bath
2001
Built

Location

Street address
308 S Jernigan St
Zip code
75414
School district
Bells ISD
Elevation
692 feet
Coordinates
33.6082, -96.4073

Property details

Acreage
1.5 acres65,340 sq ft
MLS #
NTREIS 21360795
Posted

Property taxes

Recent
$7,275

Parcels

  • 138296

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Acreage

Structure

Stories
2
Water
Public
Sewer
Public Sewer
Cooling
Ceiling Fan(s), Central Air, Electric

Interior

Rooms
Bathroom x 3, Bedroom x 4
Features
Pantry

Nearby schools

NameTypeDistrict
BellsElementaryBells ISD
PritchardMiddleBells ISD
BellsHighBells ISD

Listing history

DateEventPriceChangeSource
Aug 17, 2026New listing$445,500NTREIS
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This 1.5-acre property is located at 308 S Jernigan St in Bells, TX 75414. The property is available for sale, priced at $445,500. It has a 4,050 square foot 4-bedroom, 2.5-bath house built in 2001.

Listed by Reputed Brokerage, (469) 677-2360

Checked 2 hours agoUpdated Source

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