Light-rehab 3/2 near the lake outside Tyler, TX. It sits outside the flood zone, and at $95K with a $180K ARV there's room for a flip or a long-term rental.
Property Overview
3 bed / 2 bath, approx. 1,232 sq ft
Lake-area location outside Tyler, outside the flood zone
Vacant
Condition
Recent break-in: some walls were damaged, but nothing was stolen.
Estimated rehab: around $30K
Numbers
Starting price: $95,000
ARV: $180,000
Estimated rehab: $30,000
Why It Works
About $55K of spread after rehab at the $180K ARV.
Close to the lake, a draw for both buyers and renters.
Outside the flood zone, so insurance stays simpler.
The break-in damage is limited to walls.
Works as a flip or a rental.
Contact
Miguel Faure
(281) 989-7739
miguel@housebuyerstexas.net
More About This Property
Nearby Markets12 cities ยท 8 counties ยท 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
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ARV $180,000
From the listing
The seller picked no comps. Investimateโs own value for this home is $535,000.