This property is in pre-foreclosure and running against the clock to save from going to auction. Seller has a reinstate(able) loan with arrears due of $13,883. Foreclosure date is April 1, 2024. Potential buyers must act quick! 

Property inspection reports and repair estimates are available upon request.

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Lovely 1-Story 4 bedroom, 2 bath home, only 15 minutes to the beach!

Price = $165,000 + CC + TC ($2500)
Cash Entry = $27,000 (obo)

After Repair Value | Market Value: $225,000

COMPS:
401 Gardenia St, Lake Jackson, TX 77566 
4 Beds / 2 Baths / 1,430 Sq Ft
$217,500, SOLD ON APR 6, 2023
 
128 Mulberry Street, Lake Jackson, TX 77566
3 Beds/ 2 Baths / 1383 Sq Ft
$227,000, SOLD ON MAR 1, 2024

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Terms: This property is in pre-foreclosure with an active reinstatement plan with the bank until mid-April. This must move quick!

Low Mortgage Rate! 2.7% / $1881 PMT
Mortgage Balance: $138,000 (approx)
Arrears$ = $13,883.09 (after April 1, 2024 includes reinstatement fees)
EMD = $5,000

Repairs: Moderate 

LTR: $1,700 - 1,900 / mo

Foreclosure Date: April 1, 2024

Beds: 4  / Baths:  2
Sq. Ft: 1,424
Lot Size: 8,772
Built: 1954

CURB OFFER MUST BE SUBMITTED IN ORDER TO BE CONSIDERED FOR A VIEWING
* SOLD AS-IS