Houston, MSA - Spring, TX | $29,300 Net Equity + excellent return

Harris County, Spring, TX, 77373
Sold
Listed at: May 1st, 2024
Price
$220,700
Sq. Footage
1708
Type
Single-Family
Parking
Garage
Year build
1977
Lot size
0.60 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

End Buyers Only
Spring, TX, 77373

Investment Opportunity (Property will be delivered vacant at closing):
Asking Price: $220,700

Market Value ($250,000) - Asking Price ($220,700) = Net Equity ($29,300)
Monthly Rent Estimate: $2,000

3 BD / 2. BA
Sq. Ft: 1708
Lot size (Acres): 0.6
Year Built: 1977


Why buy this property?
Welcome to your next investment opportunity! This property boasts a freshly installed roof, modernized bathrooms, upgraded windows, and pristine ceilings and walls. Nestled at the end of the street, it offers a spacious open-concept layout, complete with a generously-sized kitchen featuring ample cabinet space and easy-to-maintain tile flooring. Meticulously cared for by its owner, this gem requires no major repairs, making it an ideal addition to your portfolio with the promise of excellent returns. 

Pre-approved Financing:
80% LTV DSCR Loan
Cash to Close (Estimated) = $64K - $68K

Shopping and dining 2.5 Mi
Schools 3.5 Mi
George Bush Intercontinental Airport 3.9 Mi
Hardy Toll Road 3.7 Mi
The floor needs to be replaced just in the bedrooms

Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

To secure this property, click the button
For more info: Text Alex Arias (954)-6337826 

Important Purchase Terms:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of $2,500 of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.

 

DISCLAIMER:
DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION

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

Alejandro Arias

No reviews

Disposition manager