$249,900 · ROCKWALL, TX 75087
Flippers would lose money · Landlords would lose money

Available

$249,900Asking price

3 bd · 2 ba · 1,361 sq ft · built 2006

ROCKWALL, TX 75087

No contract on file

via InvestorLift Classic

2 views · listed Oct 29

Flippers would lose money

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $249,900
Asking price: −$249,900
RepairsMiddle of our estimate, $16,500 – $34,000: −$25,250
Loan, holding, closing20% down, 12% interest, 2 points, 70 days: −$23,593
Profit−19.5% of ARV · flippers want 10%+: −$48,843
Loses money

Works for a flipper at $180,000 or less.

AO INVESTMENTS GROUP

Web Team

No reviews yet

Comps

Sales

Rents

ARV $249,900

From the listing

The seller picked no comps. Investimate’s own value for this home is $346,000.

The sales behind this value are shown to members.

ARV $249,900

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

AO INVESTMENTS GROUP

Web Team

No reviews yet

Seller Description

GREAT INVESTMENT OPPORTUNITY IN ROCKWALL!

3 Bedroom |2 Bathroom | 1,361 Sqft | 6,621 Sqft total land

CALL OR TEXT (281) 805-0897 NOW FOR OFFERS OR MORE DETAILS Click the win it now button and lock this gem right now

DESCRIPTION

This charming 3 bedroom, 2 bath home offers a comfortable floor plan with 1361 square feet, 2 car garage and large lot shaded by mature trees. The open concept design creates a welcoming space for family time, entertaining or simply relaxing at home. With three bedrooms and two full bathrooms, there is plenty of room for a growing family, guests or a home office. Step outside and enjoy the spacious backyard, where mature trees provide shade and a sense of privacy rarely found so close to the heart of Rockwall.

PROPERTY DETAILS

Single Family- Rockwall County Sewer: Public NO HOA Brick Foundation: Slab Roof: Composition→ LEASEBACK-$20 per day, 7 days. The water heater was installed by the previous owner so we don't have the age on it My clients have owned the home since January, 2020.