This unique dual-home property is a dream for investors or buyers seeking an advantage in 2026s 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. Both homes face Jordan street and there is room to build another home or apartment complex on the corner of this massive lot. Home 1 (2 Bed / 1 Bath): 95% 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 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. Additionally, the two properties feature a spacious corner lot equipped with water and electrical hookups, ready for the construction of a home or an apartment complex. 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. 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 are highly recommended. Don't wait for the renovation to be done?buy the potential today! Schedule your showing now.
Listed By
Agency Name: Manning Real Estate Group
Agency Phone: 361-571-1851
Shown By
Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City
Estimated Payment
$ 188.79 per month $166.92 Principal & Interest $0.00 Property Tax (data not provided by mls) $21.88 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
802 Cadwell | MLS# 604022
This single family home located at 802 Cadwell, Yoakum, TX 77995 is currently listed for sale with an asking price of $75,000. This property was built in 1950 and has 2 bedrooms and 1 full baths with 608 sq. ft. Cadwell is located within the Yoakum ISD school district. Search Yoakum real estate on www.millingaboutre.com today.