Texas House Full of Junk Being Sold for $89,900

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By Douglas A. McIntyre Updated Published
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Texas House Full of Junk Being Sold for $89,900

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“As Is.” That is part of the listing of a house full of junk on the market in Sanger, Texas. The house is in such bad shape that it is priced at $89,900.

108 Freese Drive in Sanger is small, just three bedrooms, one and a half baths, all in 1,152 square feet of space. Realtor.com, which says it was the most visited listing last week, also says it is in a fairly good area, north of Dallas, near where I-35E and I-35W intersect.

According to the Census, Sanger had a population of 131,044 in 2010. Its population has nearly doubled since 1990. Just under 74% of the population is white, and just over 10% are black. The city is relatively poor with a median household income of $44,415, about $10,000 below the national average. The poverty rate is extraordinary high at 20.3%.

The median home listing has a price of $231,200, below the Texas figure of $236,990.

[nativounit]

Realtor.com’s comment:

Lots and lots of Natty Light. Whoever owned this home, which is now being sold as is, was an aficionado of cheap light beer. Empties litter the halls and rooms of the three-bedroom home, now a monument to the distinctive taste of cheap suds.

The link circulated across the Web this week, as folks marveled at the sad condition of the home. The listing wound up with six times as many views as our runner-up.

And the listing:

3 Bedroom, 1.1 Bath home featuring a large backyard and mature trees. Desirable location with quick access to highway I-35 allowing convenient travel to Denton. Being sold AS IS. Buyer to verify all information contained herein.

The “mature trees” and “large backyard” are unlike to draw an offer over the listing price.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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