Luxury Foreclosure Flip in Austin, TX ~ 7 Figure Return

[Jeff Clawson]

This Luxury Home owned by Wells Fargo is on the market for $1,400,000.

At 14,425 sqft, that is only $97/sqft. Comps for similar sized properties are selling in the $250-$300/sqft range, making this property worth around $3.6 million. This property is unfinished. It is approximately 75% complete and needs about $500k -$700k to finish. There is the potential to make a 7 figure return on this flip!.

• Gated 4.6 Acre Estate
• Minutes from River Place Country Club & Lake Austin
• Theatre
• Billiards area
• Wine cellar
• 4 fireplaces
• 2 guest homes
• 4 Car Garage
• 14,425 sqft
• 10 Bedrooms
• 9.5 Bathrooms

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