Address
518 Lakeside Drive, Altus, OK
Price
$ 149,900
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

Price
AVG $280K
$150K
Year Built
AVG 1985
1972

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