$185,000 · LEANDER, TX 78641
Works for flippers

Sold

$185,000Asking price

3 bd · 2 ba · 1,340 sq ft · built 2022

LEANDER, TX 78641

No contract on file

via InvestorLift Classic

Listed Oct 30

Works for flippers

The Numbers

Sells for (ARV)From the listing: $300,000
Asking price: −$185,000
RepairsMiddle of the seller’s $40,000 – $60,000. Ours: $32,000 – $57,500: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$21,403
Profit14.5% of ARV · flippers want 10%+: $43,597
Works

Works for a flipper up to $197,000.

FREEBIRD OFFERS

Tyrus Finch

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Comps

ARV $300,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $356,000.

The sales behind this value are shown to members.

ARV $300,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

FREEBIRD OFFERS

Tyrus Finch

No reviews yet

Seller Description

ASKING: $185,000
REPAIRS: $50,000
ARV: $300,000
ZEST: $361,300

✓Sold as-is. 3/2 with garage converted to bedroom
✓Occupancy: Vacant
✓Renovation level: Possibly the Roof, paint, drywall, baths, floors, backyard landscaping and pool clean up
✓Roof Age: May Need replacement, budgeted for it.
✓HVAC Age: Replaced 3-4 years ago
✓Water Heater: 40 gal electric - under 1 yr per seller
✓Plumbing: No known issues reported
✓Foundation: No known issues
✓In-ground pool - drained, new pump, needs coping
✓10,402 sqft lot, no HOA, Leander ISD

Off market 3 bed, 2 bath home in Leander, TX on a 10,402 sqft lot with an in-ground pool, no HOA and Leander ISD schools. The garage was converted into a third living area/bedroom (about 450 sqft per the seller). The house is vacant. The HVAC is cooling and the water heater is under a year old per the seller, but the roof needs replacing and the inside needs a cosmetic refresh - paint, drywall and trim repair, two doors (replacements on site), bathroom updates and refinishing the bamboo floors. The covered back pergola is leaking and should come down, the pool is drained and needs coping work, and there is debris to haul off. Solid flip opportunity in fast-growing Leander!