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Sold over 4 years ago

$219,900

4 bd 2 ba 2523 sqft

Lookout Mountain Dr, Houston, TX 77069

Residential SFR Off MLS

Current Rent **

N/A

Projected Rent **

$2,200

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Houston TX | Fix & Flip or Rental

AREA: Houston TX
SUBDIVISION: Huntwick Forest, Good market!
2 story, 4 bedrooms, 2 bathrooms, 2-car detached garage, 2,523 sqft
A significant portion of the property has already been gutted due to fire and electrical damage. Profit from the current market conditions by investing in this property to rent it out or fix it up and sell it!

Per previous owner:
--Never flooded
--Fire Damage, will need extensive rehab
--A/C: may need to be repaired or replaced
--Roof: will need to be replaced
--Foundation: no issues

ARV is approx. $370,000, rent comps are $2,200/month.

→ CALL OR TEXT Chuck Hoskins at 713-722-9944 if interested.

This one is Cash or Hard Money only.
This offering is subject to American Home Buyer closing on the purchase.

Location:

Lookout Mountain Dr, Houston, TX 77069

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.