Off-Market Flip/Rental Opportunity in Macgregor Palms Sec 2, near the University of Houston, Texas Southern University, & NRG stadium!

Harris County, Houston, TX, 77021
Sold
Listed at: February 21st, 2024
Price
$135,000
ARV
$245,000
Gross Margin
$110,000
Sq. Footage
1436
Type
Single-Family
Parking
Attached Garage
Year build
1950
Lot size
0.24 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

This 3 bedroom/2 bath home has 1,436 sq ft of living space and is situated on a spacious 10,492 sq ft corner lot.

The subject property will require an investor-grade rehab throughout to capture top-of-market value.

Several comps directly in Macgregor Palms Sec 2 recently closed between 247K - 250K near our SQFT (and even smaller).

There is a huge lack of affordable inventory in this pocket and it will make for a quick investor exit once fully rehabbed. 

Reach out today for additional details!

(832) 246-7347

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

Amanda. G

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Disposition manager