Transform This Property into Profit – Fixer-Upper in 78410!🏡

Nueces County, Corpus Christi, TX, 78410 view full address
For Sale
Listed at: May 30th, 2024
Price
$199,000
ARV
$365,000
Gross Margin
$166,000
Sq. Footage
2784
Type
Single-Family
Parking
Detached Garage
Year build
1961
Lot size
0.28 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Buyer Backed Out! Price Drop on High-Potential Fixer-Upper in 78410!

Explore the potential of this high-opportunity fixer-upper in the 78410 area, perfect for  investors aiming for a quick flip or to capitalize on rental income with equity. Interior has a several updates that will save you money on the rehab. With promising projections for good returns and situated in a desirable rental market, this property is not just a building—it’s an opportunity.

🏡 Property Details:

  • Bedrooms: 4
  • Bathrooms: 2
  • House Size: 2,784 SQ.FT
  • Lot Size: 0.28 Acre / 12,196.8 SQ.FT
  • Year Built: 1961
  • Occupancy: Vacant with lockbox
  • Starting Price: $199,000

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🔍 Investment Highlights:

  • Potential ARV Opinion: $355,000 - $365,000 depending on the scope of work
  • Estimated Rehab: $60,000 - $73,000 depending on the scope of work
  • Rent Comps: $2,000/mo
  • EMD: $5,000
  • Close of Escrow: August 31st, 2024

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Rehab Details:

  • Rehab Level: Light/Medium Rehab
  • HVAC System: In good condition. However, an inspection is advised due to the system’s age.
  • Roof: Composite shingle. Repaired post-early 2000s damage. Note: not windstorm certified.
  • Leaks: Previous water damage impacted downstairs bathroom sheetrock.
  • Structural Integrity: Repairs conducted on the upper corner closest to the street prior to Hurricane Harvey.
  • Flooring: Features tile, carpet, and linoleum/vinyl options.
  • Pool: Noticeable crack in the shallow end; requires replastering. Pool inspection by a qualified contractor is recommended.
  • Siding (brick): Good condition, could use power wash
  • Foundation: Crawl Raised, requires inspection.

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🌟 Features:

  • Interior: 4 beds, 2 baths, 2,784 SQ.FT
  • Parking: Garage - Detached, Off-street, On-street
  • Exterior: Large corner lot

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Neighborhood:

  • No HOA
  • Outdoor Adventures: Hazel Bazemore Park
  • Rich Heritage: Corpus Christi Museum of Science and History
  • Nature Exploration: Hans and Pat Suter Wildlife Refuge
  • Convenient Amenities: Calallen Plaza Shopping Center

💡 Why This Deal?

  • Vacant Property: Ready for immediate rehab
  • Big Returns: Potential for quick and easy profit with completing the rehab
  • Prime Location: High rental demand and attractive neighborhood

📞 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. $5,000 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.

Let’s make this deal yours!

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

Antione Fernandes

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