$40,000 · SAN ANGELO, TX 76905
Works for flippers · Works for landlords

Available

$40,000Asking price

3 bd · 1 ba · 1,040 sq ft · built 1956

SAN ANGELO, TX 76905

No contract on file

via InvestorLift Classic

Listed Sep 29

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $110,000
Asking price: −$40,000
RepairsMiddle of the seller’s $3,000 – $5,000. Ours: $13,000 – $27,000: −$4,000
Loan, holding, closing20% down, 12% interest, 2 points, 62 days: −$5,792
Profit54.7% of ARV · flippers want 10%+: $60,208
Works

Works for a flipper up to $86,000.

EZ OFFER

Jonathan Charles

No reviews yet

Comps

Sales

Rents

ARV $110,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $110,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

EZ OFFER

Jonathan Charles

No reviews yet

Seller Description

This property offers a solid opportunity for investors, rehabbers, and cash buyers looking for a property with room to add value.

Property Highlights:

2 Bedrooms | 1 Bathroom
1,040 Sq Ft
Carport
Previously a 3-bedroom layout — a wall was removed to create a larger living room
HVAC is currently working
Bedrooms feature hardwood flooring
Living room and dining room have carpet
Kitchen and bathroom have vinyl flooring

Updates Needed:

New roof needed
Bathroom flooring needs work
Additional cosmetic updates may be needed depending on your renovation plans

The open living room provides a spacious feel, while the existing hardwood floors in the bedrooms and functioning HVAC offer a good starting point for a renovation.

**Sold AS-IS | Sight Unseen**