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$100,000 · MABANK, TX 75156
Works for flippers · Works for landlords

Available

$100,000Asking price

3 bd · 2.5 ba · 1,200 sq ft · built 1992

MABANK, TX 75156

No contract on file

via InvestorLift Classic

1 view · listed Oct 27

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $200,000
Asking price: −$100,000
RepairsMiddle of the seller’s $20,000 – $30,000. Ours: $13,500 – $28,500: −$25,000
Loan, holding, closing20% down, 12% interest, 2 points, 70 days: −$12,441
Profit31.3% of ARV · flippers want 10%+: $62,559
Works

Works for a flipper up to $139,000.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Dave Thomas Kurian

No reviews yet

Comps

Sales

Rents

ARV $200,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $191,000.

The sales behind this value are shown to members.

ARV $200,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Dave Thomas Kurian

No reviews yet

Seller Description

WELCOME TO YOUR NEXT DEAL!

CONTACT DAVE AT (972) 808-6289 TO SCHEDULE A WALKTHROUGH!

KEY FEATURES

3 lots come together .19 acres each
All 3 Lots Gated Together
Wraparound Covered Deck
Large Shed with Space to House 1 Car
No Current HOA Dues Requested in the Past 4 Years
MULTIPLE LOTS WITH ADDED INVESTMENT POTENTIAL!

PROPERTY DETAILS

Bedrooms: 2
Bathrooms: 2
Square Footage: 1,200 Sq Ft
Lot Configuration: 3 Lots
Garage Count: 0
Parking: Street, Driveway, or Shed

MAJOR SYSTEMS

Roof: Approximately 12–13 Years Old
Air Conditioning: Central Air + Window Units
Heating System: Central Heating + Propane Backup
Foundation: Type and Condition Unknown

REHAB HIGHLIGHTS

Full rehab needed to unlock Full ARV

COMPS

112 Pierce Dr — Sold for $147,000; 3 Bed / 2 Bath; 1,290 Sq Ft; Not Updated; 47 Days on Market
116 Navajo Dr — Sold for $174,000; 3 Bed / 2 Bath; 1,080 Sq Ft; Newer Build; 26 Days on Market
177 Natchez Tr — Sold for $122,000; 3 Bed / 2 Bath; 1,472 Sq Ft; Very Poor Condition, Needed Extensive Work; 138 Days on Market

INVESTMENT HIGHLIGHTS

THREE LOTS AVAILABLE! WRAPAROUND COVERED DECK! LARGE SHED WITH ROOM FOR A CAR! GATED PROPERTY!

This unique investment opportunity features a 2-bedroom, 2-bathroom home situated on the middle lot, with two additional lots available on either side. The property includes a wraparound covered deck, a large shed with space for one car, and all three lots are gated together. With an estimated value of $160,000 for the lot with the home and $20,000 for each adjacent lot, this property offers investors the opportunity to explore multiple value-add possibilities.

BUYER TO VERIFY ALL INFORMATION!

This is a wholesale deal. We do not claim to own every property we market for sale. We have a contractual interest in this property.

DISCLAIMER

We sell properties as-is, where-is. The buyer will be responsible for all standard closing costs. All offers must include a non-refundable earnest money deposit of at least $5,000, unless otherwise specified. Agent commissions will be added to the asking price and reflected in the contract.

We have a contractual interest in this property. We do not claim to be the owner of every property we market for sale. All listings are subject to errors, omissions, changes, deletions, or cancellations.

Properties are sold as-is, where-is, with no warranties or representations, either written or oral. The buyer is responsible for conducting their own due diligence.

A property will not be considered under contract until a signed agreement is received, along with the deposit and all contingencies removed.