KATY, Texas (KTRK) -- If you could set the price to purchase a house, what would it be?
A big sign strapped on to the back of a five-bedroom home in Katy seems to be gaining a lot of attention.
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The reason?
The house is up for sale at the unbelievable price of just $1.
But there is more to the deal in order to buy the fully renovated home.
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The homeowners are asking potential buyers to set the price by submitting their best offer.
Last year, the home's tax appraisal was over $250,000.