Off-market brick 4/2 in a strong Oak Forest West pocket with solid flip and rental potential. Home will need foundation adjustment and cosmetic updating throughout to push toward top-market value, but the roof is in great shape and the area has strong resale support with renovated homes selling well into the $400Ks.
Purchase Price: $240,000
ARV: ~$415,000
Beds/Baths: 4/2
Sq Ft: 1,996 SF
Lot: 9,380 SF
Year Built: 1976
Garage: 2-Car Attached
Projected Rent: ~$2,500/Month
Access: Showing
Highlights:
• Solid brick 4/2
• Nearly 2,000 SF
• Large 9,380 SF lot
• Roof replaced after Barrel, in great shape ( less than 4 years old)
• Outside flood zone
• Easy access to 610 and 290
• Roughly 20 minutes from Downtown Houston
Sold Comp Support:
6123 Rena St – 4/2 | 1,925 SF | Sold $358,500 |
6234 Autumn Arbor Dr – 3/2 | 1,817 SF | Sold $415,00 |
6119 Spruce Forest Dr – 3/2 | 1,717 SF | Sold $441,100 |
Rental Support:
5811 Spruce Forest Dr – 3/2 | Leased $2,100/Month
5943 Greenmont Dr – 3/2.5 | Leased $2,400/Month
5618 Bough Ct – 4/2.5 | Leased $2,600/Month
Projected Rent: ~$2,500/Month
SHOWING FRIDAY
Get with me for showing times or additional info.
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ARV $415,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $372,000.
