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Updated almost 9 years ago on . Most recent reply

User Stats

49
Posts
42
Votes
Joey Sullivan
  • Lender
  • Austin, TX
42
Votes |
49
Posts

WHOLESALE DEAL - 4904 Tannehill Ln, Austin, TX 78723

Joey Sullivan
  • Lender
  • Austin, TX
Posted

One of our flipper clients has too many deals on his plate, so he is wanting to wholesale it and we are promoting this deal for him. We have an appraisal completed on this file, but it is based on the investor adding an addition to the property.

Here is the dropbox link for this deal - https://www.dropbox.com/sh/v7357n29wsmg27r/AAAXWPrOBbitrZLfgPnCgcWwa?dl=0

Here are the details:

Address - 4904 Tannehill Ln, Austin, TX 78723

Purchase price – $202,000

Est Rehab – $62,501 (per the investor who was going to initially do the project – please do your own due diligence)

Est ARV – $360,000 – verified by our certified appraiser

Bed/Bath/Garage – 3/2/1 after a 616 sq ft master bedroom, bath & living area addition

Year built - 1964

Sq ft – 884 currently; 1535 with an addition

Annual property tax – $3,949

Annual HOA – $0.00

Subdivision - Springdale Hills

Closing Date – 01/11/2017

Are there pictures– see dropbox link

Rehab details – see dropbox link

A viewing of the property will be at 12:00 on Thursday 01/05/2017 - please call or text me if you are interested in viewing the property. Our general contractor will also be there to get an additional bid.

Offering

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