$39,000 · BEAUMONT, TX 77705
Works for flippers · Works for landlords

Available

$39,000Asking price

3 bd · 1 ba · 1,167 sq ft · built 1962

BEAUMONT, TX 77705

Contract on file

Price Drop

via InvestorLift Classic

2 views · listed Oct 13

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $125,000
Asking price: −$39,000
RepairsMiddle of the seller’s $30,000 – $40,000. Ours: $17,000 – $35,500: −$35,000
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$6,303
Profit35.8% of ARV · flippers want 10%+: $44,697
Works

Works for a flipper up to $69,000.

HOUSE BUYERS TEXAS LLC

Dylan Wainscott

No reviews yet

Comps

Sales

Rents

ARV $125,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $140,000.

The sales behind this value are shown to members.

ARV $125,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

HOUSE BUYERS TEXAS LLC

Dylan Wainscott

No reviews yet

Seller Description

PRICE

Asking: $39,000

ARV: $125,000

Estimated repairs: $25,000-$30,000

PROPERTY

Beaumont, TX 77705

3 bed / 1 bath | 1,167 sq ft | Single-family on a corner lot

Occupancy: Tenant occupied, rents $1,100/mo (on lease)

HIGHLIGHTS

Corner lot. 3/1 plus a large laundry room. Solid house that needs updates: carpet, AC (window units only, no central air) and general cosmetics. Recent touch-up paint. Tenant in place paying $1,100/mo.

TERMS

Close: Est. 2-3 weeks

Text or call Dylan to walk it. First come, first served.

409-795-1034

Disclosure: We are marketing our equitable interest in a contract to buy this property. We do not own the property and are not selling title.