Affordable Investment Opportunity in White Hall – A 3-Bedroom Property with Renovation Potential
In today’s real estate market, finding affordable properties with strong investment potential can be challenging. However, opportunities still exist for buyers who are willing to see the value in properties that require renovation or restoration. This single-family home located in the region of White Hall offers exactly that type of opportunity.
Listed at a very competitive price point and sold “as is / where is,” this property may appeal to investors, house flippers, contractors, or buyers who are comfortable taking on a renovation project. While the home requires work and is currently condemned by the city of Pine Bluff, the structure, lot size, and layout provide a foundation for a possible transformation.
For buyers seeking a property with low entry cost and the potential to create value through renovation, this listing deserves careful consideration.
Understanding the Property Condition and Sale Terms
Before diving into the features of the home, it is important to understand the sale conditions. The property is being sold as-is, meaning the seller will not make repairs or offer warranties regarding the condition of the house.
In addition, the home has been condemned by the city, which means buyers should expect that significant repairs, improvements, or inspections may be required before the property can be legally occupied again. Investors familiar with renovation projects often view these types of properties as opportunities to rebuild or restore homes that might otherwise be overlooked.
The listing also indicates that the property is in foreclosure and that the preferred purchase terms are cash offers. This type of transaction is common for distressed properties and can sometimes create opportunities for buyers who are prepared to act quickly.
A Classic Traditional Home Built in 1939
The house was originally built in 1939 and reflects the traditional architectural style that was common in American homes during that era. Older homes often include charming design elements and practical layouts that can still be appreciated today.
This single-family residence features a frame construction with a crawl space foundation, which was a typical building approach for homes built in the early twentieth century. The roof is made from composition materials, providing basic structural protection for the house.
Although the home requires work, many investors appreciate the solid structural framework that older homes often provide. With proper renovation, these houses can regain their charm while incorporating modern improvements.
Interior Layout and Living Space
Inside the home, the property offers approximately 1,375 square feet of interior living space. This size makes it manageable for renovation while still providing a comfortable layout for a future homeowner or tenant.
The home includes three bedrooms and two full bathrooms, a layout that continues to be popular among families and renters alike. All three bedrooms are located on the same level, which adds convenience and simplifies the overall design of the house.
The property is built on a single story, making it accessible and easy to navigate without the need for stairs. Single-level homes are often attractive to a wide range of buyers because of their simplicity and functionality.
Living and Dining Areas
The interior layout includes a formal living room, which traditionally serves as the primary gathering space within the home. Living rooms are typically used for relaxation, entertainment, or hosting guests.
A separate dining room is also included, providing a dedicated area for family meals and gatherings. Separate dining rooms are a feature many buyers still appreciate, especially those who enjoy entertaining or hosting holiday dinners.
In addition to the formal dining space, the home includes an eat-in kitchen area. This allows for casual dining directly within the kitchen space, which can be particularly convenient for everyday meals or quick breakfasts.
This combination of formal and casual dining spaces creates flexibility for future homeowners who may want both functional and social areas in the house.
Flooring and Interior Features
The flooring throughout the home includes a mix of wood and vinyl materials. Hardwood flooring is especially desirable in many renovation projects because it can often be restored through sanding and refinishing.
Vinyl flooring is another practical option, offering durability and relatively low maintenance. Depending on the condition of the current floors, buyers may choose to restore, replace, or upgrade these surfaces as part of a renovation plan.
The home does not include a fireplace, which simplifies the interior structure and may reduce certain maintenance concerns.
Parking and Exterior Features
Outside the home, the property includes a carport, which provides covered parking for vehicles. Carports are a useful feature that help protect vehicles from sun, rain, and other weather conditions without requiring a fully enclosed garage.
The home sits on a 0.27-acre lot, offering a manageable amount of outdoor space while still providing room for landscaping or future improvements.
The lot is described as level, which can be beneficial for renovation or construction projects. Level land generally simplifies landscaping, drainage planning, and potential additions to the property.
The road surface leading to the property is paved, ensuring reliable access for vehicles and making the home easier to reach throughout the year.
Utilities and Infrastructure
One advantage of the property is that several major utilities are already connected or available.
The home has access to public water and public sewer systems, which are essential services for residential properties and eliminate the need for private wells or septic systems.
Electricity is provided through municipal services and Entergy, which is a major energy provider in the region. Natural gas is also connected to the property, offering an efficient energy source for heating, cooking, or water heating if the home is renovated.
These utility connections can make redevelopment easier since basic infrastructure is already in place.
Neighborhood and Community
The home is located within the McNew #2 subdivision, a residential area within the region of White Hall.
Unlike some modern communities, this neighborhood does not have a homeowners association (HOA). For many buyers, the absence of an HOA can be appealing because it allows greater flexibility in property improvements, renovations, or personal use.
White Hall is known for its quiet residential atmosphere and small-town environment. Communities like this often appeal to buyers who prefer a slower pace of life compared to larger urban areas.
Financial Overview
One of the most striking aspects of this listing is its extremely low price per square foot, listed at approximately $4 per square foot. In today’s housing market, this price point is rare and reflects the property’s distressed condition.
The tax assessed value of the property is approximately $26,000, and the annual property tax is around $358. These relatively low property taxes may help reduce long-term holding costs for investors during renovation or redevelopment.
Because the property is in foreclosure and being sold as-is, buyers should be prepared for additional expenses related to inspections, repairs, permits, and compliance with city requirements.
Investment Potential
Despite its current condition, this property may hold significant potential for the right buyer. Investors who specialize in distressed properties often look for homes like this where the purchase price is low and improvements can significantly increase value.
Possible strategies might include:
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Full renovation and resale (house flipping)
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Rental property development
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Rebuilding or redevelopment of the lot
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Long-term investment after restoration
Each of these approaches would require careful planning and compliance with local regulations, especially given the city condemnation status.
Important Considerations for Buyers
Anyone considering this property should perform thorough due diligence before making a purchase. Because the house is condemned and sold as-is, buyers should expect to work closely with local authorities, contractors, and inspectors.
Consulting with a real estate professional, contractor, or structural expert can help determine the true scope of work required and whether the project aligns with your budget and goals.
A Unique Opportunity for Experienced Buyers
While this property may not be suitable for every buyer, it could represent a valuable opportunity for investors or renovators who are prepared for a challenge.
With its traditional layout, existing infrastructure, and affordable price point, the home offers a starting point for those who are ready to transform a distressed property into something new.
For the right buyer with the right vision, this home in White Hall could become a rewarding renovation project and a successful real estate investment.
