$695,000 · WILLIAMSON COUNTY, GEORGETOWN, TX 78633
Works for flippers · Landlords would lose money

Sold

$695,000Asking price

3 bd · 2 ba · 2,512 sq ft · built 1994

WILLIAMSON COUNTY, GEORGETOWN, TX 78633

Contract on file

1 view · listed Aug 20

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $935,000
Asking price: −$695,000
RepairsMiddle of the seller’s $0 – $19,000. Ours: $0 – $19,000: −$9,500
Loan, holding, closing20% down, 12% interest, 2 points, 64 days: −$71,719
Profit17.0% of ARV · flippers want 10%+: $158,781
Works

Works for a flipper up to $756,000.

FREEBIRD OFFERS INC

TYRUS FINCH · Online now

No reviews yet

Comps

Sales

Rents

ARV $935,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $935,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

FREEBIRD OFFERS INC

TYRUS FINCH · Online now

No reviews yet

Seller Description

Georgetown, TX (3/2, 2,512 sf on 5.05 acres): ARV $935,000 with a $240,000 discount to ARV at a $695,000 asking price. Flip numbers: comps-backed ARV $935,000. Discount below ARV: 26% ($240,000). Buyer margin: $221,000 with an estimated flip profit of $158,781 and estimated ROI of 20% (per flip analysis). Rental numbers (secondary): estimated rent $3,400/mo. Monthly cash flow: -$2,066 with a 2.8% cap rate and -17.8% cash-on-cash return (per rental analysis). This one pencils best as a flip/value-add resale rather than a long-term hold at the current basis. Condition/value-add: turn key and fully renovated overall, with only minor fixes (a few windows and reinstall a dryer vent). Newer-looking Lennox heat pump and Navien tankless noted, plus spray foam attic insulation. Terms: cash or hard money preferred for a quick close.