Updated over 9 years ago on . Most recent reply
High-end flip - North Dallas (Hockaday)
Great opportunity for a luxury flip in the highly desirable Hockaday neighborhood of North Dallas. Surrounded by all the top private schools in Dallas, houses in this area don't sit on the market long, even at these price points.
Details:
- ARV $1.25mm
- $150,000 rehab est
- 4,606 sq ft
- 5 bedrooms
- 4.5 baths
Comps in area (sales in the last 3/4 months, including in December) support an ARV up to $1.4mm and a DOM under 45-days.
The house already has a great floor plan, with no changes needed to the existing footprint. It's pier & beam, and a structural engineer's report is in hand, revealing no issues. The existing homeowner has already done some remodeling, with designer finishes, and has remediated most known issues. Reports and receipts for remediation are available. The house will need:
- New roof (2 story house, so limited roof/sq ft)
- Kitchen cabinets, counter-tops (large island already exists w/ plumbing), new cooktop (gas in place), double oven, (new Monogram fridge & dishwasher in place)
- Complete Master Bath
- Complete Jack-n-Jill bath
- Complete, small 4-piece bath
- other updates (i.e. new can light fixtures)
Contact me today for additional details, pictures, comps and to schedule a showing.
Hattie
469-709-9998