$335,000Asking price
Flippers would lose money
Landlords would lose money
Works for a flipper at $279,000 or less.
WHOLESALE PROPERTIES HOUSTON
Fred Paskell
No reviews yet
ARV $350,000
The sales behind this value are shown to members.
Cap Rate at 7.43% at Starting Price
Tenant in Place on 2 Year Lease w/ blended rate of $2850/mo
Lease Expiration April 2028
Tenant has excellent credit (820 Range)
Over $100,000 in Renovation Dollars PLUS over $30,000 in Landscaping
Monthly Rent: $2,850
Taxes (2025): $5700 or $475/mo
Insurance $300/mo
Net Operating Income (Excl V&C as it's Occupied): $2,075 x 12 = $24,900
Cap Rate: 7.43% at Starting Price
Property Details:
Note: Backyard Photos do not reflect current state after landscaping. New Photos Coming Soon!
Note: Cash, DSCR Loan or other approved financing
Figures from the seller unless a line says otherwise. Verify before you close.
4 bd · 2 ba · 1.9k sqft
SPRING, TX 77379
4 bd · 2 ba · 2.6k sqft
4 bd · 4 ba · 3.3k sqft
5 bd · 3 ba · 4.2k sqft
4 bd · 3 ba · 3.3k sqft
4 bd · 2 ba · 2.0k sqft
TOMBALL, TX 77375
HOUSTON, TX 77066
Nearby Cities
Nearby Counties
Nearby ZIP Codes
Investment Properties in Spring, TX
