🏑 Single Family House in Fort Worth, TX | + $90K Spread | Nice areaβœ¨πŸŒ„

Tarrant County, Fort Worth, TX, 76134
Sold
Listed at: April 10th, 2024
Price
$175,000
ARV
$265,000
Gross Margin
$90,000
Sq. Footage
1402
Type
Single-Family
Parking
Driveway
Year build
1982
Lot size
6665.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Address: 1913 Wurzburg Dr, Fort Worth, TX, 76134

3-bedroom / 2 baths Single Family Home 

Property is currently Occupied, Please do not disturb the tenants. Property will be Vacant at closing! Contact the Dispo Manager for access. 

Deal Takeaways:

  • Vacant at close
  • Clean property
  • New roof
  • Easy 3/2 flip (cosmetic) 

Financials:

ARV: $265,000

Purchase Price: $175,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $265,000

(*) 94% for sale commissions

(-) $175,000 purchase price

(-) $30,000 estimated rehab costs

(-) $5,000 esti. closing / holding cost

(=) $39,100 profit

Estimated Rental Profit Details:

Estimated Rental Income: $1.800.00

(-) $407.50 monthly tax

(-) $180 monthly insurance

(-) $180 property management (estimated recommendation)

(-) $180 recommended allocation for repairs, vacancy, etc (estimated recommendation)

(=) $1,052.50 a month

Property Details:

1,402 Home Square Feet

6,665 SQFT Lot Size

Closing on May 8th, 2024

New roof this year

Unknown age of HVAC

Foundation is level 

Padua Partners Acquisitions assumes no liability for the accuracy of any estimates or information provided. End buyers must conduct own due diligence. The property is to be sold as-is. Proof of funds is required. Cash or hard money only. End buyer pays all closing costs and fees associated with this transaction. $5,000 Non-Refundable EMD needed to secure the contract.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Samuel Wooten

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Disposition manager