Selling the equitable rights to this single family home located in Highland Park with excellent proximity to downtown, south town, King William, Hemisfair Park and all the entertainment that the east side has to offer. This will make a perfect rental under the 1% rule.

2 Beds/ 1 Bath with 1,056 sqft

Built in 1946

Lot: 7,500 sqft

ARV: $195,000

Est. Rent: $1,100 - $1,300

Asking Price: $75,000

⚠️PROPERTY HAS A SQUATTER, BUYER WILL BE RESPONSIBLE OF EVICTION PROCESS⚠️

TITLE IS CLEAR AND CAN CLOSE ASAP

Exit Strategies🔥

• Rehab the property and convert it into a Short term rental, the properties in Airbnb are going per night from $120

• Do some cosmetic repairs in the property and rent it out to a long term tenant for at least $1,100

Property is occupied with a SQUATTER, Please DO NOT disturb. There is no access to the property, the pictures are recent from 6 months ago. 

Property will be delivered with the squatter

All properties we offer are either owned, or we are selling our equitable rights position. Escrow is open. A legally binding purchase contract has been signed with the Seller giving our company exclusive rights to purchase/sell the property.

1. Property comes in "AS-IS" condition. 
2. Sight unseen offers are always prioritized
3. Must close with the Seller's title company
4. Buyer pays all closing costs and escrow fees.
5. $5,000 Non-Refundable Deposit unless Seller can't provide clear title.
6. The Deal is not final until EMD is received.
7. Inspections must be done prior to signing the contract. (No Inspection/Option Period)
8. Buyer to verify all information as seller makes no claims or warranties expressed or implied. Buyer must perform due diligence.
9. Agents, Wholesalers and Realtors, please add your commission to the price paid for by the buyer.

ANGIE DIAZ

(512) 883-8845/ angie@starhouseacquisitions.com