802 Cadwell, Yoakum, TX 77995

This unique dual-home property is a dream for investors or buyers seeking an advantage in 2026’s 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.