This unique dual-home property is a dream for investors or buyers seeking a house-hacking 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. Property Breakdown: Home 1 (2 Bed / 1 Bath): 90% 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 oversized 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. Why This Property? 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. Investment Outlook: 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 (such as FHA 203k) 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: Diane Bennett
Agent Phone: (512) 751-0664
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 Insurance
802 Cadwell | MLS# 604022
This single family home located at 802 Cadwell , Yoakum, TX 77954 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 dbennett.bennetttxhomes.com today.