$155,000 · FORT BEND COUNTY, RICHMOND, TX 77469
Works for flippers · Works for landlords

Sold

$155,000Asking price

3 bd · 2.5 ba · 1,572 sq ft · built 2009

FORT BEND COUNTY, RICHMOND, TX 77469

Contract on file

25 views · listed Aug 6

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $247,000
Asking price: −$155,000
RepairsMiddle of the seller’s $19,000 – $29,500. Ours: $19,000 – $39,500: −$24,250
Loan, holding, closing20% down, 12% interest, 2 points, 70 days: −$17,394
Profit20.4% of ARV · flippers want 10%+: $50,356
Works

Works for a flipper up to $179,000.

TRUE STANDARD HOME BUYERS

ADLER DODSON

No reviews yet

Comps

Sales

Rents

ARV $247,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $247,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

TRUE STANDARD HOME BUYERS

ADLER DODSON

No reviews yet

Seller Description

Richmond, TX SFR (3/2.5, 1,572 sf) priced at $155,000 against a comps-backed ARV of $247,000. That’s a 37% discount to ARV with a projected $62,500 spread. Flip case: ARV $247,000 with an estimated flip profit of $50,356 and projected ROI of 26% (per analysis). The deal is structured on buying deep enough to absorb a light rehab and still exit with a 25% margin. Condition is labeled light rehab with light cosmetic updates only. Repair budget is estimated at $19,000–$29,500 to bring the property up to ARV-level finish. Cash buyers preferred for a quick close.