Foundation: Crawl Space (easy access for plumbing/electrical updates)
CONDITION & VALUE-ADD BREAKDOWN
This property is a clean, straightforward project with a massive head start on big-ticket items. Whether you are looking for a quick cosmetic flip to capture a high equity spread or a high-cash-flow BRRRR rental near US-287, the numbers make sense.
Roof: Only 5 Years Old! (Huge CapEx savings right out of the gate)
Interior: Needs standard cosmetic rehab (paint, flooring, kitchen/bath modernization to hit top-tier ARV).
HVAC: Central A/C ductwork is in place, but the unit needs to be replaced.
Occupancy: Vacant for 1 month—no holdover tenants or eviction delays. Ready for your crew on Day 1.
EXIT STRATEGIES
Fix & Flip: Put in a clean cosmetic remodel + new condenser/air handler and push for top-of-market retail pricing for first-time homebuyers looking for an affordable, turnkey home in Childress.
BRRRR / Cash-Flow Hold: Low acquisition plus moderate rehab leaves you all-in well below retail value. Refinance out your capital and hold for strong monthly cash flow in a steady Texas rental market.
SALE TERMS & NEXT STEPS
Cash or Hard Money Only
Sold As-Is, Where-Is
Buyer pays all closing costs
$3,000 – $5,000 Non-Refundable EMD required to lock it up at title.
Don’t sleep on a sub-$50K Texas deal with a 5-year-old roof!
CALL OR TEXT Jason or Katrina: (336) 223-4583
More About This Property
Nearby Markets12 cities · 8 counties · 8 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
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ARV $115,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $130,000.