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Updated about 7 years ago on .

User Stats

60
Posts
10
Votes
John Mazzolini
  • Realtor
  • McKinney, TX
10
Votes |
60
Posts

Stellar location close to UT Southwestern and Anheuser-Busch!

John Mazzolini
  • Realtor
  • McKinney, TX
Posted

Stellar location between I35 and Harry Hines, walking distance to UT Southwestern and Anheuser-Busch! Great flip or rental opportunity depending on your strategy. Very nice curb appeal with two mature oak trees and a clean, flat lot. This house has been rented out to the same tenant for the past 18 years. Tenant is moving out and this gem will be ready for updating. Nice new builds across the street and one street over. Values have appreciated dramatically the last couple years and there is a lot of commercial development in the area.

NPO:$180,000
Rehab:$28,000
Cost:$124,000 All in

Bedrooms: 2
Bathrooms: 1
Sq/Ft: 847

Pros:
Strong rental comps
Awesome location -near south western UT and the medical district
Low DOM for retail flips

Potential Investor Concerns:
Not many similar retail comps in the area

Offering