$240,000 · SPRING, TX 77379
Works for flippers · Works for landlords

Available

$240,000Asking price

4 bd · 2.5 ba · 2,568 sq ft · built 1972

SPRING, TX 77379

No contract on file

via InvestorLift Classic

Listed Nov 4

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $365,000
Asking price: −$240,000
RepairsMiddle of the seller’s $50,000 – $60,000. Ours: $60,500 – $109,500: −$55,000
Loan, holding, closing20% down, 12% interest, 2 points, 82 days: −$27,166
Profit11.7% of ARV · flippers want 10%+: $42,834
Works

Works for a flipper up to $245,000.

ENCORE ACQUISITIONS

Brandon - Encore

No reviews yet

Comps

Sales

Rents

ARV $365,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $355,000.

The sales behind this value are shown to members.

ARV $365,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ENCORE ACQUISITIONS

Brandon - Encore

No reviews yet

Seller Description

Spring / Klein Flip Opportunity | Pool + Oversized Lot

Starting Price: $240,000 Estimated Rehab: $50,000–$60,000 ARV: $365,000+ Potential Gross Spread: $65,000–$75,000+

Off-market value-add opportunity in the Spring / Klein area featuring a large single-family home with a pool, oversized lot, and several major capital items already addressed.

Property Highlights

4 Bedrooms / 2.5 Bathrooms
2,568 SF
10,266 SF Lot
Detached 2-car garage
In-ground pool
Large covered back patio
Stately double-sided fireplace
HVAC replaced in 2019
Roof recently replaced
Quiet residential street
Home has been well maintained but needs a full cosmetic update

This is a strong candidate for an investor looking for a straightforward cosmetic renovation with solid resale appeal. The large lot, pool, garage, and established neighborhood setting help differentiate the property from more basic flip inventory.

Comparable Sales

16807 Memorial Oaks Ln 4 Beds / 2.5 Baths | 2,539 SF Sold: $385,000
17307 Lazy Hill Ln 4 Beds / 2.5 Baths | 2,598 SF Sold: $375,000
7910 Oak Moss Dr 5 Beds / 2.5 Baths | 2,566 SF Sold: $339,000

Strong upside for an investor who can modernize the interior and capitalize on the home’s size, pool, oversized lot, and recent major-system updates.

Call or Text 346-230-1340 for photos, access, or to submit an offer.

All property details, repair estimates, comparable sales, values, and projections are provided for informational purposes only and should be independently verified by the buyer.