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Lyall Storandt
  • Licensed Real Estate Broker & Investor
  • Oklahoma City, OK
103
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521
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NEW PROPERTY: Heights Historic District (Flip Or Rebuild) [Houston, TX 77007]

Lyall Storandt
  • Licensed Real Estate Broker & Investor
  • Oklahoma City, OK
Posted Mar 11 2013, 17:35

Greetings!

We have a new property available in the Historic Heights District of Houston, TX. This property will work well for an investor seeking a flip or a builder / developer.

Consider the following:

Option 1: Rehab + Addition

Price: 339K
Rehab: 170K
ARV: 690K

Option 2: New construction

Price: 339K
Build out: 400-500K
Value: 950K-1.2 million

Give me a call directly if you have any interest in this property: 405-361-1341.