Looking for your next single-family investment in Katy, Texas? This property offers a potential cosmetic renovation and resale opportunity for investors seeking a project without a reported major rehab scope.
With an estimated ARV of $265,000 and an asking price of $220,000, the deal presents a potential $45,000 gross spread before renovation costs, closing costs, financing, holding expenses, and resale costs.
PROPERTY HIGHLIGHTS
Single-family investment property
3 beds / 2 baths
Approximately 1,850 square feet
Built in 2006
Light cosmetic updates reportedly needed
Potential fix-and-flip or long-term rental opportunity
THE NUMBERS
Asking Price: $220,000
Estimated ARV: $265,000
Potential Gross Spread: $45,000 before expenses
BUYER DUE DILIGENCE: Buyer to independently verify ARV, repair costs, square footage, property condition, title, and all other property details. Profitability will depend on actual renovation costs and transaction expenses.
For fastest response: Cherrie – Dispo Manager Call/Text: (404) 620-2544
NEED HELP MOVING YOUR OWN DEALS? We partner with investors and realtors on a non-exclusive basis to help dispo off-market properties through InvestorLift using our national cash-buyer network. We handle buyer communication, coordinate access and escrow, and offer competitive JV marketing terms, allowing our partners to stay focused on sourcing more inventory.
