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5 LAREDO PLACE

House For Sale
$120,000

BTC: 1.53550864

ETH: 48.99959167

4 days
3 bds
2 ba
1,247 sqft

Overview

Prime Cul-De-Sac Lot in Fairway Estates – Premium Builder & Investor Opportunity! Calling all serious investors, builders, and visionaries! This is a premier redevelopment opportunity situated on a highly desirable, quarter-acre+ cul-de-sac lot in the sought-after Fairway Estates community. Positioned high and dry in a coveted "X" flood zone, this property offers maximum peace of mind with absolutely no HOA or CDD restrictions. The existing structure is in extreme disrepair and is a projected teardown, making this property entirely uninhabitable and suitable only for cash buyers. With an After Repair Value (ARV) easily estimated at $300K—and potentially higher potential if you expand the footprint—this is the ultimate canvas to design and build a custom dream home or a lucrative spec property. Cash-only! No financing of any type will be considered. A quick closing is available and highly preferred. Property is sold as-is. Information contained herein should be verified by buyer. Room measurements are approximate and should be independently verified by the buyer.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1990
Lot:
0.26 Acres
Heating:
Central / Electric
Price/sqft:
$96
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$240,000
$179K – $339K
Confidence Low
List vs. estimate
$120K below estimate
List $120,000 · -50.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$96
-54.4% vs. city median $210
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,098
2025
All facts and features
  • Flooring

    • Carpet

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: None

    Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: 0711317037005900070

    • Zoning: RESI

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $2,099

  • Source details

    • MLS ID: TB8542916

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Laundry Features: None

    • Direction Faces: East

    • Living Area: 1247

    • Water Source: Public

    • Subdivision Name: 04 FAIRWAYS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FUTURE HOME REALTY INC