$225,000 · HOUSTON, TX 77080
Works for flippers · Works for landlords

Sold

$225,000Asking price

4 bd · 2 ba · 1,569 sq ft · built 1962

HOUSTON, TX 77080

No contract on file

via InvestorLift Classic

2 views · listed Oct 22

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $375,000
Asking price: −$225,000
RepairsMiddle of the seller’s $60,000 – $65,000. Ours: $46,000 – $82,500: −$62,500
Loan, holding, closing20% down, 12% interest, 2 points, 85 days: −$26,630
Profit16.2% of ARV · flippers want 10%+: $60,870
Works

Works for a flipper up to $246,000.

BLUEBERRIE PROPERTIES

Nestor Salas

No reviews yet

Comps

Sales

Rents

ARV $375,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $366,000.

The sales behind this value are shown to members.

ARV $375,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

BLUEBERRIE PROPERTIES

Nestor Salas

No reviews yet

Seller Description

A Strong Cosmetic Flip Opportunity in a Market That Rewards Quality Renovations

This 4-bedroom, 2-bathroom home with a 2-car garage offers investors an opportunity to capitalize on a desirable floor plan, favorable flood-zone positioning, and encouraging comparable sales.

Why we like this deal:

- Flood Zone X: Unlike the selected comparable properties located in the 500-year floodplain, this home is in Flood Zone X.

- Competitive floor plan:Four bedrooms, two bathrooms, and a two-car garage give this property an advantage over smaller comparable homes.

- Strong renovated comps: Nicely updated properties in the area have experienced relatively low days on market. The comps suggest buyers reward quality renovations rather than basic, corner-cutting flips.

- Cosmetic renovation potential: The existing layout offers a good foundation for a modern refresh with updated finishes, flooring, paint, kitchen, bathrooms, and fixtures.

- Easy access: Property is vacant and on a lockbox, making it convenient to inspect and schedule contractor walkthroughs.- Closing already in motion: Title is open, with an approximately 3½-week closing timeline.

The seller has limited knowledge of the property's condition. Buyers should complete their own inspections and verify the renovation scope.

Interested?

Contact Blueberrie Properties to arrange access before this opportunity is gone.

281-868-5546 | BlueberrieProperties.com