Spring Hill 1-Acre CBS Rehab, 3/2

Built in 1985, this 1,374 sq. ft. CBS single-family home sits on a 1.03-acre lot in the rural Hays Road / Shady Hills pocket of Spring Hill. The home is a 3 bed / 2 bath with central air, well/septic, driveway parking, no HOA, and vacant possession. Inspection notes show a 2017 roof in fair condition, power off during inspection, older water heater, Federal Pacific electrical panel, damaged bathroom tile, dated windows/doors, exterior siding rot, overgrown landscaping, and a hidden pit on the left side of the property. The property also has a repaired sinkhole with lifetime warranty, subject to transferability verification. Flood Zone X.

House Assets:

• 1.03-acre lot with no HOA
• CBS construction
• Vacant at closing
• 2017 roof per inspection

Repairs Needed (Estimate):

• Electrical panel replacement
• Bathrooms
• Kitchen
• Flooring / odor treatment / paint / trim
• HVAC test/service or replacement
• Windows / doors
• Exterior siding / wood repair / paint
• Landscaping

🟣 Comparable Sales

1. 18232 Monteverde Dr | 3/2 | 1,609 SF | $343,000 Closed Dec 2025 ($213/SF). Same 34610 rural-acre product, 1984 build, 1.03-acre lot, pool, fireplace, and large detached garage/workshop. Superior, but best recent ceiling.

2. 15453 Aubrey Ave | 2/2 | 1,474 SF | $330,000 Closed Jan 2026 ($224/SF). One-acre single-family home with remodeled interior, enclosed patio, detached 2-car garage, and RV pad. Inferior bedroom count but superior utility.

3. 14104 Little Ranch Rd | 4/3 | 1,812 SF | $329,900 Closed Jan 2026 ($182/SF). 1983 single-family on 0.95 acres with updated kitchen and larger layout. Superior bed/bath count and size.

4. 17342 Akins Dr | 3/2 | 1,382 SF | $314,000 Closed Oct 2025 ($227/SF). Similar size, 1.44 acres, 2-car garage, and move-in ready. Useful direct baseline.

5. 14545 Battenwood Dr | 3/2 | 1,816 SF | $490,000 Closed Jul 2025 ($270/SF). Very close CMA comp, but materially superior with 3.75 acres, garage, more SF, and extra outbuilding / apartment utility. Ceiling reference only.

🟡 ARV & Rental Analysis

Estimated ARV: $300,000 to $325,000 +/-

Projected Rent: $2,000 to $2,250/mo +/-