TX
DeWitt
Yoakum
77954
802 Cadwell
802 Cadwell, Yoakum, TX 77954
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Listing Type
Single Family
Listing Status
Active
9
$75,000

Home Details for 802 Cadwell

Price
$75,000
Type
Residential
Bedrooms
2
Bathrooms
1.0
Square feet
608
Year built
1950
Lot size acres
0.3699
County
DeWitt
Garage
Days on site
22
MLS Listing#
604022
Property Description

This unique dual-home property is a dream for investors or buyers seeking a "house-hacking" advantage in 2026’s competitive rental market. With one home nearly ready for a tenant and a second home offering massive renovation potential, you can generate immediate cash flow while building long-term equity. Property Breakdown: Home 1 (2 Bed / 1 Bath): 90% Rental Ready This unit is the property's workhorse. It features a spacious 2-bedroom layout and requires only minor finishing touches before it can be listed for rent. In the current 2026 market, 2-bedroom standalone rentals are in high demand, offering an income stream from day one. Home 2 (1 Bed / 1 Bath): The "Diamond in the Rough" Located on the same oversized lot, this detached 1-bedroom home needs extensive work. It is the perfect project for a contractor or DIY enthusiast to customize into a premium "casita" or ADU (Accessory Dwelling Unit). Once renovated, this unit can serve as a second rental, a private guest house, or a dedicated home office. Why This Property? Double Income Stream: Standalone units typically command higher rents than traditional apartments or duplexes because they offer private yards and no shared walls. Built-in Equity: Purchase at a fixer-upper price point and realize significant value gain as you complete the second home's transformation. Investment Outlook: As of early 2026, small multi-unit properties (2-4 units) are considered one of the strongest asset classes for individual investors due to the ongoing housing shortage and high demand for flexible living spaces. Sold As-Is. Cash or renovation-style loans (such as FHA 203k) are highly recommended. Don't wait for the renovation to be done—buy the potential today! Schedule your showing now.

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • None
  • Heating Information
    • None
  • Water Features
    • Public
  • House Interior
    • Ceiling Fan(s)
  • Utilities
    • Electricity Available
  • Fire Place
    • None
Listing Courtesy: Manning Real Estate Group - 361-571-1851
Information is provided exclusively for consumers personal, non - commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026, Central Texas Board of REALTORS
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Market statistics compiled from data from Central Texas MLS.
EXIT HEART OF TEXAS REALTY
4003 W. Stan Schlueter Loop Rd. Suite 106, Killeen, TX 76549
Greg Ruehlen
Franchisee
Office
254 781 2012
Agent
254 394 2000
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