Amazing Investment Opportunity in Richwood, situated in the desirable Davidson Slater neighborhood.

Brazoria County, Richwood, TX, 77531
Sold
Listed at: March 5th, 2024
Price
$85,000
ARV
$195,000
Gross Margin
$110,000
Sq. Footage
1240
Type
Single-Family
Parking
Garage
Year build
1955
Lot size
15002.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

This wonderful 3 bedroom, 1 bath home sits on a massive 15,002 sq ft corner lot and features a 2-car garage & expansive backyard. The subject property will require rehab throughout to capture top-of-market value and reach its full investment potential.

Situated right off of HWY 288, it's an easy commute to Lake Jackson, Angleton, and Surfside Beach. It’s also zoned to the highly-rated Gladys Polk Elementary School.

There is ZERO available inventory below $230K within a huge radius of this home and it’s estimated to capture $195K+ as a flip and $1,400 in monthly rental income.

Notices and Disclosures 1. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates or information provided are for real estate investors’ convenience, who must verify all estimated numbers independently. ANY information regarding specifications, characteristics, or condition of this property, neighborhood, or investment strategy (including, but not limited to, as-is property square footage measurements or as implied by property expansion through construction) is an unverified assumption of the broker or its affiliates based on limited information and should be verified independently for accuracy. Broker and its affiliates assume no liability, either expressed or implied, for the accuracy of any estimates or information provided. 2. DO NOT ENTER PROPERTY WITHOUT BROKER OR AGENT: Broker and its affiliates do not give authority, either expressed or implied, to the recipient of this information to enter this property. A property inspection may be obtained by scheduling an inspection with an authorized broker or agent. 3. NON-REPRESENTATION: Broker and its affiliates do NOT represent the recipient of this information. 4. RISK OF LOSS: Real estate investment is speculative in nature and risk of loss can be substantial. The recipient of this information should carefully consider whether such investing is suitable for them.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Adam Lambert

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