**Significant Renovation Opportunity on 0.75 Acres in Johnson City**
Located in a desirable, established Hill Country neighborhood, 102 Winding Oak offers an opportunity to restore and reimagine a residence on one of the area's larger residential lots. Situated on approximately 0.75 acres, the property features mature oak trees, generous outdoor space,… Read More and a peaceful setting just minutes from downtown Johnson City.
The existing 3-bedroom, 2-bath residence offers a spacious floor plan with high ceilings, a large living and dining area, a wood-burning fireplace, and a kitchen with granite countertops and stainless steel appliances. Covered front and rear patios provide inviting outdoor spaces, while the oversized garage offers additional parking and storage. The property's generous lot size provides room for outdoor entertaining, landscaping, and potential improvements. Conveniently located near local shops, restaurants, and schools, with access to Fredericksburg, Austin, and San Antonio.
**IMPORTANT PROPERTY CONDITION DISCLOSURE:** Sellers report extensive mold contamination, supported by testing, and believe the residence was improperly waterproofed during construction. Significant demolition, potentially down to the studs, and extensive remediation and reconstruction are anticipated. The property is being sold AS-IS and should be considered a major rehabilitation project. Buyers should conduct independent inspections and obtain professional evaluations of remediation and reconstruction requirements.
**FINANCIAL STATUS DISCLOSURE:** Sellers are currently in default on their mortgage payments, and the lender is aware. The property is not currently subject to an approved short sale or foreclosure proceeding. Sellers anticipate sufficient proceeds to satisfy the existing mortgage at closing.
An opportunity for experienced investors, builders, or buyers seeking a substantial renovation project in an established Johnson City neighborhood. Read Less
Property listed by Kuper Sotheby's Int'l Realty 512-831-6577 (512) 590-0929
Listings courtesy of the Austin Board of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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