824 Karnes St

Value-Add Investment Opportunity with Strong Cash-Flow Upside Bring your vision, tools, and creativity to unlock the full potential of this true value-add property. This is a genuine fixer with multiple income paths ideal for investors seeking forced appreciation and long-term cash flow. The property features multiple living areas, creating a unique opportunity for multi-unit rental income, house hacking, or portfolio expansion. The main residence includes its own kitchen, bath, and laundry, providing a solid foundation for renovation and modernization. One side of the property is unfinished, offering a clean slate for build-out, while the remaining areas require repairs and cosmetic updates perfect for an investor ready to add value through improvements. With separate and flexible layouts, one unit includes a private entrance, making it well-suited for an additional rental, short-term income, office, or studio space. Another area presents a blank canvas ready for redevelopment, allowing you to tailor the property to your preferred investment strategy. Located in a highly convenient area near grocery stores, restaurants, downtown, TX-121, and Belknap, and within walking distance to Sylvania Park, this property combines strong location fundamentals with upside potential a rare combination for investors. Investor Notes: Per seller, no seller financing. No emailed offers. All offers must be submitted on a signed contract with proof of funds and pre-approval.