$69,900 · NEW CANEY, TX 77357
Works for flippers · Low return for landlords

Available

$69,900Asking price

2 bd · 1 ba · 1,300 sq ft · built 2012

NEW CANEY, TX 77357

Contract on file

via InvestorLift Classic

2 views · listed Oct 20

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $185,000
Asking price: −$69,900
RepairsMiddle of the seller’s $40,000 – $50,000. Ours: $55,500 – $92,000: −$45,000
Loan, holding, closing20% down, 12% interest, 2 points, 78 days: −$10,199
Profit32.4% of ARV · flippers want 10%+: $59,901
Works

Works for a flipper up to $108,000.

1 HR HOME OFFER

Daniel Dealejandro

No reviews yet

Comps

Sales

Rents

ARV $185,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $228,000.

The sales behind this value are shown to members.

ARV $185,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

1 HR HOME OFFER

Daniel Dealejandro

No reviews yet

Seller Description

This property is a super cheap flip or rental opportunity in New Caney! Cheapest property available in Kings Colony and within a mile radius of the property! $115K+ Spread between ARV and Asking Price! Built in 2012, this property sits on a large 15,800 SF lot.

Great potential for investors looking for their next flip or rental property. No Flood Zone!

Reach out ASAP to Schedule a Showing!

For access: Call/Text/Email: 281-503-5445

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