Dallas - 75232 - 2 Options: ADD-ON or NEW BUILD

Dallas County, Dallas, TX, 75232
Sold
Listed at: December 16th, 2023
Price
$87,000
ARV
$230,000
Gross Margin
$143,000
Sq. Footage
677
Type
Single-Family
Parking
Detached Garage
Year build
1948
Lot size
0.23 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

75232 -- Really only 2 Options.... Add-On or Scrape/New Build - 

This property is in really bad shape. Please DO NOT disturb the owner! Yes, people are living there. (If you don't like the pictures, don't show up.) 

- Detached 2 Car Garage in back

- From inside the house there is openness on the backside, you can see light through the walls. 

- There is quite a bit of debris on the lot that will need removal. 

 - Renovating the small footprint wouldn't be very profitable. However the lot size is .23 acres, which is very accommodating. Adding on should yield a decent ROI, and a new build could add an extra $100K+ to the bottom line.  

- NEEDS EVERYTHING + 500 Sq Ft 

- COMPS: (See ADD Sq Ft Comps in Documents) 1000-1200 sq ft framers in the area - last 365 days

- NEW BUILDS: (See New Build Comps in Documents) Found 2 new builds in the area, built in 2022 - Sold quickly between $183 sq ft and $194 a Sq ft ($296k and $430K!)

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Chad Dawson

No reviews

Disposition manager