802 Cadwell

Yoakum, TX 77954

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.

Listing courtesy of Elizabeth Williams of Manning Real Estate Group



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Last checked: 2026-02-12 10:14 PM UTC