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Listed by Ryan Dunning • MK Partners Inc

$ 149,900

Est. payment | -/mo

4 Beds

3 Baths

2,954 SqFt

Save

$ 149,900

Est. payment | -/mo

Save

4 Beds

3 Baths

2,954 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,954 sqft

Price per Sqft $50

MLS Listing ID OKC1250491

Style Ranch

Bedrooms 4

Full Baths 3

Construction Status Brick & Frame

Year Built 1972

Annual Tax Amount $1,117

Lot Size 9,923 Sqft

Acres 0.2278

Property Sub-Type Single Family Residence

Property Description

INVESTOR SPECIAL ON LAKESIDE — AS-IS SALE WITH SERIOUS UPSIDE!

Opportunities like this don't come along often in Altus. Sitting on Lakeside Drive with an in-ground pool and a backyard overlooking the lake, this home offers the bones, location, size, and upside investors look for — without paying finished-retail pricing.

The property is being sold strictly AS-IS and is ready for the next owner to complete the transformation.

A recent appraisal indicates an estimated AFTER-REPAIR VALUE (ARV) of approximately $310,000, giving an investor the opportunity to step into a substantial value-add project with the heavy lifting already identified.

The home offers a large living space with a spacious existing floor plan, fireplace, attached garage, in-ground swimming pool, and a backyard setting overlooking the lake. The size and layout provide excellent potential for a modern renovation designed around today's buyer.

LOCATION MATTERS. You're minutes from Altus Air Force Base, with convenient access to shopping, schools, restaurants, and the rest of Altus while still getting something that's difficult to reproduce — a pool and lake setting.

This is NOT a turnkey retail home, and it isn't being priced or represented as one. Bring your contractor, bring your vision, and finish it your way.

Whether you're looking for your next flip, a value-add investment, or a property you can renovate for yourself, 518 Lakeside gives you something you can't manufacture later: LOCATION, SIZE, SETTING, AND UPSIDE.

Serious buyers only. Property is being sold AS-IS. Schedule your showing, walk the property, run your numbers, and make your offer.

Location

State OK

County Jackson

Interior

Heating Electric

Cooling Electric

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Y

Exterior

Exterior Feature Lake, Storage

Garage Spaces 2.0

Pool Diving Board, Gunite, Outdoor Pool, Pool/Spa Combo

Roof Type Shingle

Private Pool true

Building

Lot Description Lakefront

Foundation Slab

Architectural Style Ranch

Level or Stories One

Structure Type Brick & Frame

Construction Status Brick & Frame

Schools

Elementary Schools Altus Early Childhood Center, Altus Es, Altus Prima

Middle Schools Altus Intermediate School, Altus Jhs

High Schools Altus Hs

School District Altus

Multiple Listing Service of Oklahoma (MLSOK)

Nearby Locations

"Today's buyers and sellers need a trusted advocate and resource that can guide them through the complex world of real estate. That’s why I am constantly striving to lead the field in research, innovation, and consumer education. With my extensive knowledge of the local Oklahoma City area and commitment to providing only the best and most timely information to my clients, I am your go-to source for real estate industry insight and advice."

+1(405) 532-3497

cindi@soldbycindi.com

800 W Rock Creek # 101, Norman, OK 73069, USA

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518 Lakeside DR Altus, OK 73521