RARE OPPORTUNITY WITH INCREDIBLE POTENTIAL! Situated on a spacious .91-acre lot, this beautifully remodeled home offers endless possibilities for homeowners, investors, and those looking to build their dream home! Even better, the property features an assumable FHA loan at an attractive 4.2% interest rate, subject to lender approval and buyer qualification. The proposed rezoning to create an additional lot has already received approval from the Planning and Zoning Department, opening the door to exciting opportunities! Imagine living comfortably in the existing remodeled home while building your dream home on the property. Once completed, keep the original home as an income-producing rental or sell it for a potential return on your investment. Live in it, build on it, rent it, or sell it! ADDITIONAL BUYER INCENTIVE! Eligible buyers who choose to finance with the seller's preferred lender may qualify for a credit of up to $3,500 toward eligible closing costs, a 1-0 temporary interest rate buydown, or another approved temporary or permanent rate buydown. The credit is subject to loan-program requirements, underwriting, available pricing, and applicable limits. Buyers are free to choose any lender; however, this incentive is available only through the seller's preferred loan officer. Contact the seller's agent for complete details. Don't miss this unique opportunity to own nearly an acre with exceptional flexibility, investment potential, and attractive financing options!