Creative Finance Deal โ Lock in a 5.25% Interest Rate!
Take advantage of this turnkey, 2024-built home through a Subject-To purchase and avoid today's higher financing costs. This is a low-maintenance investment with a strong existing loan already in place.
Deal Summary
Deal Type: Subject-To
Entry Fee: $12,000
Existing Interest Rate: 5.25%
Remaining Loan Balance: Approximately $256,000
Monthly Payment (PITI): Approximately $2,100
Year Built: 2024
Condition: Turnkey โ No Rehab Needed
Property Highlights
Built in 2024
Modern floor plan
Energy-efficient construction
Virtually maintenance-free
Perfect for a buy-and-hold investor or owner-occupant using creative financing
Located in a rapidly growing Fort Worth market with strong rental demand
Comparable Sales
1408 Silver Spruce Ln โ Sold for $255,000
1605 Castle Ridge Rd โ Sold for $245,000
1029 McKavett Dr โ Sold for $255,000
1460 Palamedes Dr โ Sold for $264,900
9825 Teton Vista Dr โ Sold for $306,900
Why This Deal?
Below-market 5.25% fixed financing already in place
Only $12,000 to step into the loan
Approximately $255K loan balance
Approximately $2,100/month payment
No rehab costs
Excellent long-term rental or owner-occupant opportunity
Fast-growing Fort Worth location
property on lock box but need 4 hours notice to see
More About This Property
Nearby Deals
Nearby Markets12 cities ยท 8 counties ยท 12 ZIP codes
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ARV $280,000
From the listing
The seller picked no comps. Investimateโs own value for this home is $271,000.