$89,000 · HOUSTON, TX 77048
Works for flippers

Available

$89,000Asking price

3 bd · 1 ba · 1,260 sq ft · built 1959

HOUSTON, TX 77048

No contract on file

via InvestorLift Classic

Listed Oct 21

Works for flippers

The Numbers

Sells for (ARV)From the listing: $210,000
Asking price: −$89,000
RepairsMiddle of the seller’s $60,000 – $75,000. Ours: $66,000 – $110,500: −$67,500
Loan, holding, closing20% down, 12% interest, 2 points, 87 days: −$12,431
Profit19.6% of ARV · flippers want 10%+: $41,069
Works

Works for a flipper up to $107,000.

THE TERRA VEST GROUP

Vladimir M. Victoria Jr

No reviews yet

Comps

ARV $210,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $164,000.

The sales behind this value are shown to members.

ARV $210,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

THE TERRA VEST GROUP

Vladimir M. Victoria Jr

No reviews yet

Seller Description

This is a true value‑add play in one of Houston’s fastest‑moving affordable submarkets. The 77048 pocket continues to attract investors because it sits inside the loop, offers quick access to Beltway 8, 288, and 610, and is surrounded by major employment hubs that keep rental demand strong year‑round.

Property Specs

3 Bed / 1 Bath
1,260 Sq Ft
.25 Acre Lot
Built 1959
ARV: ~$210,000
Rehab: ~$75,000

Why This Deal Works for Investors

This area checks multiple boxes that matter to both flippers and BRRRR buyers:

Strong ARV Support: Retail buyers in 77048 continue paying premiums for updated homes due to limited inventory inside the loop. Recent sales show consistent upward pressure on values.
Affordable Entry Price: Investors love this pocket because acquisition numbers stay low while spreads remain healthy. You’re not competing with high‑priced inner‑loop flips, but you still get inner‑loop access.
Large Lot Advantage (.25 acre): Bigger lots in this area rent faster, sell faster, and give you more exit flexibility—additions, driveway expansion, outdoor amenities, etc.
High Rental Demand: Proximity to the Medical Center, Hobby Airport, Pearland retail corridor, and major industrial employers keeps rental occupancy extremely strong. Workforce tenants stay long‑term.
Easy Rehab Scope: 1950s construction in this neighborhood is straightforward—no weird additions, no complex structural surprises. Investors consistently report predictable rehab timelines.
Neighborhood Momentum: Investors have been steadily improving this pocket for the last 24 months. New rehabs are selling quickly, and the area continues trending upward with strong buyer activity.

This is the type of deal where the numbers make sense and the location supports long‑term appreciation.