Excellent investment opportunity in Port Arthur, Texas, featuring a desirable 3-bedroom, 2-bathroom layout, a seller-reported new roof and new flooring, and an attractive acquisition price relative to the projected after-repair value.
The seller describes the home as being in very good condition and specifically highlights the recently updated roof and flooring. These improvements could help reduce the scope of work required compared with properties needing major roof replacement or extensive flooring updates, subject to inspection.
With a functional 3/2 layout, existing improvements, and multiple potential exit strategies, this property deserves consideration from investors looking for value in Jefferson County.
INVESTMENT POTENTIAL
Fix & Flip:
At $89,000 acquisition versus an estimated $160,000 ARV, there is approximately $71,000 in gross spreadbefore any additional expenses.
With a seller-reported new roof and flooring already in place, investors may have an opportunity to focus their renovation budget on any remaining necessary improvements, rather than undertaking a complete overhaul.
The final scope of work and resale potential should be confirmed through a property walkthrough and comparable sales analysis.
BRRRR / Rental Investor:
The property's 3-bedroom, 2-bathroom configuration offers a potentially attractive layout for the local rental market.
Investors could evaluate the opportunity to acquire, complete any necessary improvements, lease, and potentially refinance based on the property's stabilized value and lender requirements.
Buy & Hold / Cash Flow:
At a $95,000 acquisition price, this property could also appeal to investors seeking an affordable single-family rental in Port Arthur.
The seller-reported roof and flooring improvements may be beneficial for long-term ownership, while the functional floor plan provides flexibility for a rental strategy.
PROPERTY CONDITION
Roof: New — seller reported
Flooring: New — seller reported
Bedrooms: 3 — seller reported
Bathrooms: 2 — seller reported
Overall Condition: Seller describes the property as being in very good condition
HVAC: Window units
Property condition and improvements are based on seller-provided information and have not yet been independently inspected or verified.
FOR MORE INFORMATION & ACCESS CALL AJ 661-332-0452
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More About This Property
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ARV $165,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $161,000.