$139,000 · FORT STOCKTON, TX 79735
Works for flippers

Available

$139,000Asking price

2 bd · 2 ba · 1,600 sq ft · built 1975

FORT STOCKTON, TX 79735

No contract on file

via InvestorLift Classic

Listed Oct 26

Works for flippers

The Numbers

Sells for (ARV)From the listing: $750,000
Asking price: −$139,000
RepairsMiddle of our estimate, $20,500 – $42,000: −$31,250
Loan, holding, closing20% down, 12% interest, 2 points, 73 days: −$31,563
Profit73.1% of ARV · flippers want 10%+: $548,187
Works

Works for a flipper up to $583,000.

REAL AND RARE HOME BUYERS

Ady

No reviews yet

Comps

ARV $750,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $55,000.

The sales behind this value are shown to members.

ARV $750,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

REAL AND RARE HOME BUYERS

Ady

No reviews yet

Seller Description

9.62-ACRE INVESTMENT OPPORTUNITY - Outside of Odessa

OFF MARKET DEAL – FORT STOCKTON, TX 79735

PRICE: $139,000

ARV: $750,000 (Could be $750K-1.2M after development!)

VACANT – ACCESS BY APPOINTMENT ONLY - All buyers must sign a simple "Non-Circumvent" agreement prior to walkthrough

CALL & TEXT OUR DISPO TEAM TO SUBMIT AN OFFER OR WALKTHROUGH:DISPO TEAM: (760) 971-5566

Photos: https://drive.google.com/drive/folders/12esewed5kG1AYQZkEPp9RAqbZvRg1z7z?usp=sharing

PROPERTY DETAILS:

Single Family Home
2 Bedrooms / 2 Bathrooms
1,600 Sq. Ft. Living Space
9.62 Acres Lot
Built in 1975
Single Story
Municipal water and sewer
No HOA
Vacant - Access by appointment
CONDITION: STANDARD FIXER
WALK THROUGH BY APPOINTMENT ONLY - DO NOT DISTURB OCCUPANT

CALL & TEXT OUR DISPO TEAM TO SUBMIT AN OFFER OR WALKTHROUGH:DISPO TEAM: (760) 971-5566

NEIGHBORHOOD HIGHLIGHTS:

Located in Alamo Ranchettes near US Highway 385
~10 minute drive to Downtown Fort Stockton
~1 hr 20 min from Odessa
Close to parks, shopping, and restaurants
Nearby school rated 6/10

DEAL TERMS:

Closing Date: 30 days
Earnest Money Deposit (EMD):
- $5,000 due with contract (applied to closing cost)
- $10,000 if purchasing sight unseen (we prefer to assign after walk through!)
- EMD is non-refundable with an exception of failure to provide a clear title or seller's failure to perform
- We are not in the business of keeping buyers’ EMD, but our name and trust is on the line with the seller. We only want a solid commitment and smooth closing.
Buyer pays both sides closing costs
This deal is an assignment of contract. Our assignment contracts are not assignable. Please let us know upfront if you are not the direct buyer, and we can work out the contracts together! Willing to JV with other wholesalers and realtors!
Buyer must do all due diligence prior to assignment - prefer non-contingent
Cash or Private/Hard Money Loans ONLY - No FHA or Conventional Financing
We do not work with Fair Trade, Key Glee, or New Western

LET'S CLOSE:

We’re looking to build relationships with serious buyers and we prioritize those ready to move fast and close clean. We are easy and flexible to work with, and will do whatever it takes to get the deal done! Please do not hesitate to reach out to discuss how we can make money together.

CALL & TEXT OUR DISPO TEAM TO SUBMIT AN OFFER OR WALKTHROUGH:DISPO TEAM: (760) 971-5566