$88,000 · LIBERTY, TX 77575
Works for flippers · Works for landlords

Available

$88,000Asking price

3 bd · 1 ba · 1,150 sq ft · built 1955

LIBERTY, TX 77575

Contract on file

Price Drop

1 view · listed 6 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)Backed by 5 comps: $148,000
Asking price: −$88,000
RepairsMiddle of the seller’s $20,000 – $40,000. Ours: $16,500 – $34,000: −$30,000
Loan, holding, closing20% down, 12% interest, 2 points, 72 days: −$10,154
Profit13.4% of ARV · flippers want 10%+: $19,846
Works

Works for a flipper up to $92,000.

TRUE STANDARD HOME BUYERS

ADLER DODSON

No reviews yet

Comps

Sales

Rents

ARV $148,000

Backed by comps

Investimate’s value for the 5 sales the seller picked.

The sales behind this value are shown to members.

ARV $148,000

Backed by comps

Investimate’s value for the 5 sales the seller picked.

The sales behind this value are shown to members.

TRUE STANDARD HOME BUYERS

ADLER DODSON

No reviews yet

Seller Description

Liberty, TX — 3/1 townhouse (1,150 sq ft). ARV $148,000 with a 38% discount below ARV at the $92,000 ask, leaving an estimated $15,586 flip profit and 12% projected ROI. Flip case: Buy at $92,000 against a comps-backed ARV of $148,000. The spread is built into the 38% discount below ARV, with an estimated 11% margin and $15,586 projected profit at a 12% ROI based on the provided flip analysis. Rental case: Estimated market rent is $1,600/month. Pro forma monthly cash flow is $288 with a 10.1% cap rate and 18.8% cash-on-cash return (assumptions: 20% down, 7% rate, 30-year amortization, 20% expenses, 8% vacancy; 4 rent comps used). Condition is light rehab with an estimated $20,000–$40,000 repair budget. This is a value-add project to bring the property to ARV-level retail condition and capture the spread. Cash buyers and investors preferred. Quick close and assignment-friendly.