Property: 6742 Allen Dr, Horn Lake, MS 38637
Asset Class: Single Family Residence (SFR)
Specs: 4 Bedrooms / 1 Bath | 1,231 Sq. Ft. | Built 1948
The Challenge: Great Bones, Tricky Layout
Every house has a story, and this 1948 bungalow on Allen Drive was no exception. Located in the heart of Horn Lake, the property had undeniable charm and “good bones,” but it presented a significant challenge for the traditional real estate market.
At 1,231 square feet, with four bedrooms but only one bathroom, this layout is one that modern retail buyers often struggle with. Additionally, a home of this vintage typically requires updates to major systems—such as electrical, plumbing, or HVAC—that a standard homeowner may not be prepared to manage or finance before selling.
The seller needed a solution that didn’t involve contractors, open houses, or the uncertainty of a buyer’s financing falling through due to the home’s age or layout.
The Solution: A Direct, As-Is Purchase
Spencer Buys Houses stepped in to provide a simplified path forward. We recognized the potential in this Horn Lake property immediately. Instead of asking the seller to modernize the 4/1 layout or fix decades of wear and tear, we approached the situation with a straightforward, fair cash offer.
Our process focused on removing the friction:
- No Repairs Required: The seller didn’t have to lift a finger or paint a wall. We bought the property exactly as it sat.
- Market Knowledge: Because we know the North Mississippi/Memphis metro market, we understand the value of the Horn Lake location despite the repairs needed.
- Certainty: We removed the “maybe” from the equation. No bank inspections, no appraisals, just a guaranteed closing.
The Outcome: Closed and Clear
We successfully closed on 6742 Allen Dr, providing the seller with immediate liquidity and freedom from the property.
- For the Seller: They walked away with cash in hand, avoiding months of holding costs, utility bills, and the stress of managing a renovation.
- For the Community: Spencer Buys Houses is now positioned to revitalize this 1948 classic, updating it to meet modern standards and improving the overall value of the neighborhood.
Why Horn Lake?
This deal highlights our commitment to the Horn Lake, MS market. We believe in this area. Whether it’s a turnkey home or a 1940s fixer-upper with a quirky layout, we provide real estate solutions that work for real people.
“Selling a home shouldn’t be a burden. We turn complicated properties into simple closings.” — Spencer Buys Houses
Spencer Shadrach is the founder of Spencer Buys Houses, a trusted home-buying company based in Memphis, TN. With over a decade of experience in real estate, Spencer is passionate about helping local homeowners sell their properties quickly and stress-free—no agents, no fees, and no repairs needed. Known for his honest approach and fair cash offers, Spencer has earned a reputation as one of the most reliable house buyers in Memphis. When he’s not guiding sellers through smooth closings, you’ll find him giving back to the Memphis community or spending time with his family.