$65,000 · SPRING BRANCH, TX 78070
Works for flippers

Pending

$65,000Asking price

3 bd · 2 ba · 1,232 sq ft · built 1995

SPRING BRANCH, TX 78070

Contract on file

via InvestorLift Classic

Listed Nov 3

Works for flippers

The Numbers

Sells for (ARV)From the listing: $180,000
Asking price: −$65,000
RepairsMiddle of the seller’s $5,000 – $30,000. Ours: $14,000 – $29,000: −$17,500
Loan, holding, closing20% down, 12% interest, 2 points, 67 days: −$9,535
Profit48.9% of ARV · flippers want 10%+: $87,965
Works

Works for a flipper up to $130,000.

MONEY FAST 4 HOUSES

Mike McCartney

No reviews yet

Comps

ARV $180,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $251,000.

The sales behind this value are shown to members.

ARV $180,000

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

The big items are already handled. Foundation is in great condition and the septic is in great condition with a new controller installed less than a year ago. This one just needs paint, floors, and some TLC to bring it back to life.

Light cosmetic rehab, oversized lot, and a price that leaves plenty of room to work. Deals like this do not sit long.

Vacant and on a lockbox for easy access. Let me know if you’d like to take a look or have any questions!