💵SUB-TO DEAL IN COLORADO CITY, TX💵 $8,000 ENTRY FEE👀

Mitchell County, Colorado City, TX, 79512
Sold
Listed at: May 9th, 2024
Price
$8,000
ARV
$120,000
Gross Margin
$112,000
Sq. Footage
1036
Type
Single-Family
Parking
Driveway
Year build
1948
Lot size
0.21 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

GREAT INVESTMENT PROPERTY IN COLORADO CITY, TX!!!

CALL US TO WALK IT NOW!!!

ENTRY FEE $8,000

⬆️PHOTOS ABOVE⬆️

Property Details:

📍 City: Colorado City

🏡 Property Type: Single Family Home 

🛏️ Bedrooms: 3

🛁 Bathrooms: 1

📏 Square Footage: 1,036 sqft + 400 sqft garage

Condition: The house has a new roof, updated plumbing, updated windows, new flooring, and the kitchen has recently been updated.

MORTGAGE INFORMATION:

  • Principal: $56,689
  • Interest: 3.25%
  • Taxes: $1,591 
  • Insurance: $1,854

Total Monthly Payment is $509.06

Description:

This property would make out to be a great long term buy and hold. You could potentially make a cash offer to close on this but the more lucrative way to purchase this would be to take over the mortgage payments and then rent the property out and collect the cash flow difference. You won't find a 3% interest rate in many other places right now so act fast and take advantage of this cash flow opportunity! 

 

📞FOR MORE DETAILS PLEASE

CONTACT JUSTIN (817) 489-5684📞

 

1. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates, information provided, or photographs/video showing the condition of the property are for your convenience only. Any information regarding specifications, characteristics, or condition of this property, neighborhood, or investment strategy (including, but not limited to, estimated rehab costs, as-is property square footage measurements, or proposed expansion through construction) is an unverified assumption of the company or its affiliates based on limited information and must be verified independently for accuracy. Company and its affiliates assume no liability whatsoever for the accuracy of any estimates, information, or photo/video provided. Buyer is required to conduct their own due diligence.

2. NO UNACCOMPANIED ENTRY OF PROPERTY: Broker and its affiliates do not give you authority, express or implied, to enter or access this property unaccompanied. Access to the property may only be obtained through scheduling a property inspection with Company.

3. NON-REPRESENTATION: Company and their affiliates DO NOT represent you.

4. You may not copy, store, distribute, display, modify, create derivative works, sell, or transmit any part of this content without prior written permission of Company.

5. Please Note: Cash or hard money required for closing

Buyers pay all closing costs.

We are not a licensed contractor or appraiser.

This is an assignable purchase agreement that allows us to purchase the property listed below, not the property itself. If you are interested in this assignable purchase agreement, please contact us. 

Videos

Walkthrough Video

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

Justin Helms

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Disposition manager