Flip/Rental Opportunity in Southwest Houston, situated in the desirable Westbury neighborhood!

Harris County, Houston, TX, 77035
Sold
Listed at: May 16th, 2024
Price
$245,000
ARV
$415,000
Gross Margin
$170,000
Sq. Footage
1885
Type
Single-Family
Parking
Attached Garage
Year build
1958
Lot size
0.24 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

This wonderful 1,885 sq ft home is nestled on a generous 10,546 sq ft lot and features 3 bedrooms, 2 baths, an attached garage, and a spacious backyard. 

Renovations are already underway throughout the home and will need to be finished before securing valuable returns on the market. 

Conveniently located near US-90 and Beltway-8, this property provides quick access to the Medical Center, The Galleria, and the Museum District, with easy connectivity to 610.

This property has exceptional investment property potential, with recent comps capturing an average of $415K+ as a flip and $2,450+ monthly for rentals!

First Come, First Serve. No Bidding. Reach out today for additional details!

Comps:

  • 5819 Arboles Drive - 3/2, 2,137 sqft, Sold for $465,000 on 12/20/23
  • 5502 McKnight Street - 3/2, 1,716 sqft, Sold for $419,000 on 02/02/24
  • 5719 Belrose Drive - 3/2, 1,832 sqft, Sold for $392,500 on 06/20/23
  • 5810 Effingham Drive - 3/2, 1,488 sqft, Sold for $394,900 on 04/15/24

Rental Comps:

  • 11522 Mullins Drive - 3/2, 1,754 sqft, Rented for $2,550 on 02/10/24
  • 5530 Burlinghall Drive - 3/2, 1,810 sqft, Rented for $2,500 on 10/01/23
  • 5727 Cerritos Drive - 3/2, 2,020 sqft, Rented for $2,395 on 05/01/24
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.
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