$249,000 · HARRIS COUNTY, HOUSTON, TX 77036
Works for flippers · Low return for landlords

Available

$249,000Asking price

4 bd · 3.5 ba · 4,234 sq ft · built 1969

HARRIS COUNTY, HOUSTON, TX 77036

No contract on file

via InvestorLift Classic

12 views · listed 2 days ago

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $460,000
Asking price: −$249,000
RepairsMiddle of the seller’s $85,000 – $110,000. Ours: $222,500 – $370,500: −$97,500
Loan, holding, closing20% down, 12% interest, 2 points, 99 days: −$31,738
Profit17.8% of ARV · flippers want 10%+: $81,762
Works

Works for a flipper up to $282,000.

OFFERPROP LLC

OfferProp

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Comps

Sales

Rents

ARV $460,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $499,000.

The sales behind this value are shown to members.

ARV $460,000

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

HOUSTON, TX | SHARPSTOWN FIX & FLIP | MAJOR VALUE-ADD OPPORTUNITY

Asking Price: $249,000Estimated ARV: $440,000–$480,000Estimated Repairs: $85,000–$110,000Closing: December 10th, 2026

4,234 SQFT | $191K–$231K GROSS VALUE SPREAD!

Major investment opportunity in Sharpstown Country Club Estates! This spacious 4BR/3.5BA single-family home offers approximately 4,234 SQFT with significant renovation and resale potential.

At approximately $59/SQFT, investors can acquire a large property at a substantial discount to its projected after-repair value.

PROPERTY SNAPSHOT

4 Bedrooms / 3.5 Bathrooms
4,234 SQFT Living Area
Single-Family Residential
Seller Reports No Flood History
Seller Disclosure Available

CONDITION & RENOVATION

Major Rehabilitation Required
Roof Replacement Needed
Foundation Repairs Needed
Estimated Rehab: $85K–$110K
Additional Repairs Subject to Inspection

WHY INVESTORS SHOULD LOOK

$249K Asking vs. $440K–$480K ARV
$191K–$231K Gross Value Spread Before Costs
$334K–$359K Estimated Purchase + Rehab
$81K–$146K Potential Spread After Rehab, Before Other Costs
Large 4,234 SQFT Floor Plan
Fix & Flip / Buy & Hold Potential

IMPORTANT TERMS

Assignment of Contract
Closing: December 10th, 2026
DO NOT Contact Seller Directly

Buyer to verify ARV, repair costs, foundation condition, flood history, and property details.

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.