Property Attributes
- MLS#1250491
- TypeSingle Family
- Listing Status Active
- CountyJACKSON
- CityAltus
- NeighborhoodLakeside Terrace 2
- Zip73521
- StyleRanch
- Year Built1972
- Price$ 149,900
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2954
- Lot Size0.2278 Acres
Data Source:
Oklahoma City Metro MLS (OKCAR)
Property Description
INVESTOR SPECIAL ON LAKESIDE — AS-IS SALE WITH SERIOUS UPSIDE! Opportunities like this don't come along often in Altus. Sitting on Lakeside Drive with an in-ground pool and a backyard overlooking the lake, this home offers the bones, location, size, and upside investors look for — without paying finished-retail pricing. The property is being sold strictly AS-IS and is ready for the next owner to complete the transformation. A recent appraisal indicates an estimated AFTER-REPAIR VALUE (ARV) of approximately $310,000, giving an investor the opportunity to step into a substantial value-add project with the heavy lifting already identified. The home offers a large living space with a spacious existing floor plan, fireplace, attached garage, in-ground swimming pool, and a backyard setting overlooking the lake. The size and layout provide excellent potential for a modern renovation designed around today's buyer. LOCATION MATTERS. You're minutes from Altus Air Force Base, with convenient access to shopping, schools, restaurants, and the rest of Altus while still getting something that's difficult to reproduce — a pool and lake setting. This is NOT a turnkey retail home, and it isn't being priced or represented as one. Bring your contractor, bring your vision, and finish it your way. Whether you're looking for your next flip, a value-add investment, or a property you can renovate for yourself, 518 Lakeside gives you something you can't manufacture later: LOCATION, SIZE, SETTING, AND UPSIDE. Serious buyers only. Property is being sold AS-IS. Schedule your showing, walk the property, run your numbers, and make your offer.
| Elementary School | Middle School | High School |
|---|---|---|
| Altus Prima Elementary School | Altus JHS Middle School | Altus HS |
| Price History | |
|---|---|
| 9/23/2026 | Listed $149,900 |
General Features
| Heating | Electric |
|---|---|
| Cooling | Electric |
| Possession | Closing |
| Roof | Shingle |
| Garage Spaces | 2 |
| Architectural Style | Ranch |
| Pool Features | Diving Board,Gunite,Outdoor Pool,Pool/Spa Combo |
| Construction Materials | Brick & Frame |
| Year Built | 1972 |
| Property Subtype | Single Family Residence |
| County | Jackson |
| Property Type | Residential |
| Full Baths | 3 |
| Status | Active |
| Directions | West on Hwy 62,North on Main,East on Lakeside,House on the right in the middle of the curve |
| High School | Altus HS |
| City | Altus |
| Disclosures | Disclaimer |
| High School District | Altus |
| Lot Size Square Feet | 9923 |
| Elementary School | Altus Early Childhood Center,Altus ES,Altus Prima |
| Middle/Junior High School | Altus Intermediate School,Altus JHS |
| Standard Status | Active |
| Tax Lot | 16 |
Interior Features
| Total Fireplaces | 1 |
|---|---|
| Fireplace Features | Wood Burning |
| Total Bedrooms | 4 |
| LivingAreaSource | Appraisal |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Lake,Storage |
|---|---|
| Lot Features | Lakefront |
| Foundation Details | Slab |
| Lot Size Acres | 0.2278 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 73521
In The Neighborhood
Altus
$ 285,000
- Type
- Single Family
- Size
- 3,476 SqFt
- Rooms
- 3 Beds + 3 Baths
Altus
$ 210,000
- Type
- Single Family
- Size
- 2,031 SqFt
- Rooms
- 3 Beds + 2 Baths
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