202 E Gonzales St, Yoakum, TX 77995

Historical Estate seeks a handy new owner to give it the TLC it deserves. Located in the charming town of Yoakum, with a flexible zoning of PCT4, the possibilities for this property are vast. Priced to SELL at $45/sqft and below 2022 tax assessment of $253,021! With renovated homes selling nearby at an average of $110/sqft, don't miss out on this deal! Originally known as the Floyd Mergenthal Home, the 1934 President's Ball for President Roosevelt was hosted here. There is so much to love about this home. NO HOA. Beautiful Original Woodwork, Woodburning Fireplaces, Natural Gas Lines, Roof is 6 years old, Central Heat/HVAC, Security System, Partially Finished Basement. Recent home inspection report (2/23/2023) Available Not registered as a historical home, possible if renovated as a single family residence. Other opportunities available: Zoned PCT-4 : Uses Include: Bed and Breakfast, Event Venue, or Convert to Multifamily (Up to 4 Units) - Buyer to Verify Yoakum Zoning Ordinances **Buyers Agent MUST accompany for showings. 3% Buyer Agent Commission. **Home is currently occupied, please schedule all tours with at least 1 hour notice by contacting - Jessica Ruh 321-754-4046 **All offers must be submitted on As-Is Contract with Pre-Approval/Proof of Funds Attached to jruh@driftmarkproperties.com. Allow at least 48 hours for owner review and response. Owner Motivated, bring your offers. **Known list of repair items is to be independently verified and confirmed** Please be cautious of these items when touring the property! Kitchen: Partially Gutted - Full Rehab Bathrooms: Full rehab Paint: Interior/Exterior Rear Porch: Needs Foundation Work Needs Gutters Broken Window Broken Patio Door