I hadn’t even finished saying hello, when my mom eagerly announced, ” I found a house.” We had been looking for a while and had offered on a few, but it seemed like this was different.
It turns out it was different. A lot different. This house was initially built in 1900 and was on a bit of land between Georgetown and Jarrell, Texas. If you aren’t from central Texas, don’t worry about not knowing where those towns are, a good percentage of those from the area aren’t really sure where they are either. We do know that Jarrell had a tornado though- back in the 90’s. It was an old farm house that had been “updated” at least twice.
Mom had found the property on an auction site, Hubzu. Take a minute to look at the pictures. They don’t do it justice. You can’t see the tarps held in place with old tires and rope on the roof. Those photos also don’t show the damage done to the side from climbing vines. On the other hand, fail to convey the charm of the house. It had great bones.
It had out buildings.
It had potential. And even better it also had a low opening bid and a large potential after repair value (ARV). This could be a good property to learn how to do a residential rehab, a flip.
Mom went out and walked the property before she called me. She had seen the potential and she really thought we should bid on it. I was not so sure. The pictures on the website did not convince me, but the potential up-side did get me to drive out there and look. I saw the charm, the history and the wind mill. I was in for the bidding.