[Corpus Christi]✨Fixer-Upper πŸšπŸ”¨4/2 with Suite for under $80K!

Nueces County, Corpus Christi, TX, 78411
Sold
Listed at: May 30th, 2024
Price
$79,500
ARV
$235,000
Gross Margin
$155,500
Sq. Footage
2006
Type
Single-Family
Parking
Carport
Year build
1955
Lot size
0.26 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

 

We have a fantastic 4-bed, 2-bath property on a spacious corner lot, featuring a mother-in-law suite, perfect for a full rehab. This property is vacant and ready for immediate renovation!

🏑 Property Details:

  • Bedrooms: 4
  • Bathrooms: 2
  • House Size: 2,006 SQ.FT
  • Lot Size: 0.261 Acre / 11,325.6 SQ.FT
  • Year Built: 1955
  • Occupancy: Vacant (lockbox available)
  • Starting Price: $79,500

πŸ” Investment Highlights:

  • ARV Opinion: $230,000 - $242,000
  • Estimated Rehab: $72,000 - $83,000
  • Gross Profit: Over $140K!!
  • Rent Comps: $1,675 - $1,800/mo
  • EMD: $5,000
  • Close of Escrow: July 9th, 2024

Rehab Details:

  • Full Rehab Needed
  • Roof: Shingle, 30 years old; potential damage (inspection recommended)
  • HVAC System: Needs new system
  • Water Damage: Laundry room
  • Back Apt - Foundation concerns
  • Fence: Needs repair/replacement 

🌟 Features:

  • Interior: 4 beds, 2 baths, 2,006 SQ.FT
  • Parking: Carport
  • Exterior: Large corner lot, mother-in-law suite in the back

Neighborhood:

  • No HOA
  • Close to Downtown, Bayfront, restaurants, and shopping
  • Nearby schools: Berlanda, Baker, Ray (Corpus Christi ISD)
  • Right next to the elementary school. Fantastic rental potential.

πŸ’‘ Why This Deal?

  • Vacant Property: Ready for immediate rehab
  • Big Returns: Potential for significant profit with a full rehab
  • Prime Location: High rental demand and attractive neighborhood

πŸ“ž Ready to Take Action?

Not what you’re looking for? Reach out for more inventory or email us at sales@acfbuyshomes.com with your criteria, and we'll find the right property for you.

DISCLAIMER: All properties are sold as-is. $3,000 non-refundable deposit required at contract. Buyer covers all closing costs. Closing is an assignment of our contract with the seller. Complete due diligence before submitting offers.

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

Antione Fernandes

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