$120,000 · MARION, TX 78124
Works for flippers

Available

$120,000Asking price

3 bd · 2 ba · 1,358 sq ft · built 1995

MARION, TX 78124

Contract on file

via InvestorLift Classic

Listed Nov 3

Works for flippers

The Numbers

Sells for (ARV)From the listing: $220,000
Asking price: −$120,000
RepairsMiddle of the seller’s $30,000 – $50,000. Ours: $31,000 – $56,000: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$14,519
Profit20.7% of ARV · flippers want 10%+: $45,481
Works

Works for a flipper up to $142,000.

MONEY FAST 4 HOUSES

Mike McCartney

No reviews yet

Comps

ARV $220,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $226,000.

The sales behind this value are shown to members.

ARV $220,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

MONEY FAST 4 HOUSES

Mike McCartney

No reviews yet

Seller Description

Renovation opportunity just a 3-minute drive from Marion High School, Marion Middle School, and downtown Marion. This home has been lived in for the past 20 years and is ready for updates, with several key components already in good condition.

HVAC unit approximately 3 years old
Roof replaced less than 10 years ago and in great condition
Slab foundation in good condition
Existing cabinets in good condition

Ideal for investors looking to renovate and resell or build a long-term rental portfolio. Bring your renovation vision and explore the potential of this Marion property!