This massive piece of partially constructed land outside of Houston is listed for $3.6 million and has been referred to as “haunted,” “disaster,” and “mystery.” However, this huge, unfinished Texas home is actually a multimillion-dollar fixer-upper.
Over the years, the large, unfinished mansion has garnered media attention. The building, which is in the small Texas town of Manvel, was originally built as a bespoke home for a doctor and his wife in the early 2000s, according to Jim Youngblood, the current owner. “After they completed 70% of the project, his wife felt the house was too large for some reason.”
Her reasoning isn’t too difficult to comprehend. Youngblood claims that the house was intended to be a 63,890-square-foot establishment on 10 acres that would house the doctor’s medical office in addition to living quarters and a place to house foster children.
After work stopped, the couple—who also owned the adjacent property—built a “nearly identical” replica of the home, limiting its size to a more manageable 48,000 square feet, according to Youngblood. After that, a preacher bought the doctor’s abandoned building with plans to turn it into a housing project, but he fell behind on payments.
In 2008, investor Youngblood made the decision to purchase the property alongside family members. Due to foreclosure, he currently owns it. Listing agent Jessica Castillo is in charge.
He has made several fruitless attempts to sell it since then.
“I’ve signed a contract for it several times. Somehow, these folks are unable to obtain finance. Youngblood envisions the area as a rural office park with manicured ponds, fountains, and even longhorn cattle. If he can’t sell the site in the next months, he says he’ll likely transfer his company there himself.
He’s not the first person to have big dreams for the half-built home. Other potential buyers have appreciated the enormous 30,000-square-foot room in the back for an event centre with a bed and breakfast. Or as an assisted-living facility with space for 70 rooms. Despite interest regularly rolling in, no one’s closed on it yet.
“Everybody has these grand ideas, but they don’t have any money,” Youngblood laments.
The raw shell is offered for sale just as it is. Youngblood continues, “The foundation is sound, and the roof has been replaced.”
You wouldn’t have to destroy everything if you wanted to build anything out of it. The facility’s walls can be used again,” he continues. In addition, there’s a big attached garage, a concept for 30 bedrooms that could easily be more than doubled, and an indoor pool and spa.
