$155,000 · KYLE, TX 78640
Works for flippers

Pending

$155,000Asking price

4 bd · 3.5 ba · 2,538 sq ft · built 2003

KYLE, TX 78640

No contract on file

via InvestorLift Classic

Listed Oct 13

Works for flippers

The Numbers

Sells for (ARV)From the listing: $260,000
Asking price: −$155,000
RepairsMiddle of the seller’s $20,000 – $30,000. Ours: $29,000 – $60,500: −$25,000
Loan, holding, closing20% down, 12% interest, 2 points, 70 days: −$17,784
Profit23.9% of ARV · flippers want 10%+: $62,216
Works

Works for a flipper up to $189,000.

NORTH TEXAS ACQUISITIONS GROUP

Johnny Plain

No reviews yet

Comps

ARV $260,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $292,000.

The sales behind this value are shown to members.

ARV $260,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NORTH TEXAS ACQUISITIONS GROUP

Johnny Plain

No reviews yet

Seller Description

Situated on a cul-de-sac, this 2,538 SF home offers plenty of space and the potential to become a solid buy-and-hold investment. The property needs a deep cleanout, new flooring, fresh paint, some plumbing repair, and minor bathroom updates to bring it back to rent-ready condition. Rather than relying on a quick retail resale, this opportunity may be better suited for an investor focused on long-term rental income and building equity over time. For the right investor, a manageable renovation could be the first step toward adding a sizable property to their rental portfolio.