$35,000 · RALLS, TX 79357
Works for flippers

Available

$35,000Asking price

3 bd · 2 ba · 1,800 sq ft · built 1940

RALLS, TX 79357

No contract on file

via InvestorLift Classic

1 view · listed Oct 30

Works for flippers

The Numbers

Sells for (ARV)From the listing: $101,000
Asking price: −$35,000
RepairsThe seller’s figure. Ours: $23,500 – $49,500: −$10,000
Loan, holding, closing20% down, 12% interest, 2 points, 64 days: −$5,229
Profit50.3% of ARV · flippers want 10%+: $50,771
Works

Works for a flipper up to $73,000.

PRIME DISPOSITIONS

Brittany Schahuber

No reviews yet

Comps

ARV $101,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $66,000.

The sales behind this value are shown to members.

ARV $101,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

PRIME DISPOSITIONS

Brittany Schahuber

No reviews yet

Seller Description

Buy Now Price: $35,000 + Closing Costs

ARV: $101,000

Property Highlights

Property: 3 Bed | 2 Bath | ~1,800 sq ft (they added extra sqft, not shown in public records)
Lot: 10,497 sq ft corner lot with 2 additional lots
Year Built: 1940
Construction: Siding/Vinyl
Foundation: Slab
Parking: Street parking (garage was converted)
Occupancy: Vacant

Rehab & Condition Notes

Roof: New
Plumbing: New
Water Heater: New
HVAC: New
Interior: Flooring and bathrooms updated throughout, Kitchen update needed, select window replacements needed and few cosmetic updates. The former garage area was demolished and rebuilt into a large master bedroom with its own bathroom, walk-in closet, and laundry area.

Investor Insight

Low $35K Entry | Major Systems Completed | 3-Lot Corner Property

Low $35K acquisition basis gives investors the opportunity to control a large 3/2 property at a significant discount to stronger renovated inventory in Ralls.

Major capital items have already been handled, new roof, upgraded plumbing, new water heater, new A/C, remodeled bathrooms, and significant flooring updates reduce the immediate renovation burden.

Remaining work is primarily cosmetic, giving a wholetail investor a faster path from acquisition to resale without taking on a full gut renovation.

Vacant property allows an investor to start work immediately without tenant or owner move-out delays.

Investor Takeaway: This is a low-complexity Ralls value-add where most of the expensive work is already completed. The investor gets a large 3/2, three-lot corner parcel, updated major systems, and only a small remaining cosmetic scope at a $35K basis. Finish the kitchen and punch list, improve presentation, and target a ~$101K resale or hold as an affordable 3-bedroom rental.

Access & Closing Info