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Updated about 7 years ago on . Most recent reply

User Stats

291
Posts
10
Votes
Josh Winkler
  • Real Estate Agent
  • Plano, TX
10
Votes |
291
Posts

78% Big Rehab Flip/Rental in Balch Springs

Josh Winkler
  • Real Estate Agent
  • Plano, TX
Posted

This is a large rehab, but it is the largest house on the largest lot sold in the past year here--over .4 acre! Once completed, this will sell quickly, as the only properties this size around here are all in the mid $200s, and are on MUCH smaller lots! As a rental, you could probably get $13-1500/mo, given its size, and the rehab would be less as you wouldn't have to do some of the higher dollar expenses necessary to get top dollar as a flip.

***Cash or Hard money landing only!***

Price: $73,500 (includes closing costs)
Rehab: $74,000
ARV: $189,000 (based on $94/sqft--much less than the recently sold updated comps)
Rent: $1300+/mo.

For more information call:
757-897-6937

Josh

Offering

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