518 Lakeside Drive
Altus, OK, 73521 $ 149,900
Bedrooms4 Baths3.0 Sq 2,954 Monthly Estimate*
$ 946
for $149,900 with 4 bedrooms and 3 full baths. This 2,954 square foot home was built in 1972 on a lot size of 0.2278.
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.
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FeaturesGeneralHeating 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
Total Rooms 0
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
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ExteriorExterior Amenities Lake Storage
Lot Features Lakefront
Foundation Details Slab
Lot Size Acres 0.2278
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InteriorTotal Fireplaces 1
Fireplace Features Wood Burning
Half Baths 0
Total Bedrooms 4
Total Baths 3
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* Excluded FeaturesList ByRyan DunningListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $946
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Altus, OK
Average List Price $260,826
Percent of Sale Price 74%
About Altus, OK 18,379 Population
-13% Since 2002
$ 42,333 Median Income
35.09 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
5549580 Elementary School
2527870 Middle School
Altus HS High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/23/2026 | $149,900 | | Listed Price |