$275,000 · HENDERSON, TX 75654
Tight for flippers

Available

$275,000Asking price

1 bd · 1 ba · 2,376 sq ft · built 1981

HENDERSON, TX 75654

No contract on file

via InvestorLift Classic

2 views · listed 3 days ago

Tight for flippers

The Numbers

Sells for (ARV)From the listing: $390,000
Asking price: −$275,000
RepairsMiddle of the seller’s $40,000 – $80,000. Ours: $26,000 – $54,000: −$60,000
Loan, holding, closing20% down, 12% interest, 2 points, 84 days: −$30,426
Profit6.3% of ARV · flippers want 10%+: $24,574
Tight

Works for a flipper at $261,000 or less.

OFFERPROP LLC

OfferProp

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Comps

ARV $390,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $258,000.

The sales behind this value are shown to members.

ARV $390,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

OFFERPROP LLC

OfferProp

No reviews yet

Seller Description

HENDERSON, TX | COMMERCIAL AUTOMOTIVE SHOP | OWNER-USER OPPORTUNITY

Asking Price: $275,000Estimated ARV: $380,000–$400,000Building: 2,376 SQFT | 0.24 AcresClosing: TBD — Seller Requires 60 Days to Vacate

ACTIVE AUTOMOTIVE FACILITY | REAL ESTATE ONLY!

Commercial investment opportunity in Henderson, Texas! This 2,376 SQFT commercial property currently houses the seller's operating muffler shop.

The property features an existing automotive workspace, private office, bathroom, separate warehouse addition, and unfinished office space.

PROPERTY HIGHLIGHTS

• 2,376 SQFT Commercial Building• 0.24-Acre Parcel• Currently Operating as a Muffler Shop• Separate Warehouse Addition• Private Office & Bathroom• Unfinished Office Space• Approx. $116/SQFT Asking Price

INVESTMENT POTENTIAL

• Owner-Operator / Automotive Business Use• Warehouse & Office Buildout Potential• Potential Commercial Leasing Opportunity• $105K–$125K Gross Value Spread Before Costs• Flexible Commercial Use Potential, Subject to Zoning

IMPORTANT SALE TERMS

• Real Estate Only — Business Not Included• Seller-Owned Shop Equipment May Not Be Included• Seller Currently Operating On-Site• Seller Requires 60 Days to Vacate• Property Sold As-Is

Buyer to verify zoning, property condition, environmental history, equipment inclusions, valuation, and permitted uses.

SUBMIT YOUR HIGHEST & BEST OFFER!

Disclosure: We are marketing our equitable interest in a Purchase and Sale Agreement. We are not the owners of the property, and this is not an offer to sell real estate. OfferProp participates in transactions as a principal, JV participant, or contractual interest holder where permitted. We do not act as a real estate broker, agent, or fiduciary unless expressly agreed in a separate, written, licensed brokerage agreement. Many opportunities involve assignment, novation, double closing, or other transfers of contractual rights or equitable interests, not the sale of real property by OfferProp LLC. Availability of services and required disclosures vary by state, property type, and transaction structure. No outcome, offer volume, pricing, or closing is guaranteed.