$152,000 Spread on this Cash Cow 💰🐄 North of I-10, Just Off Barker Cypress Rd in Houston 🚀

Harris County, Houston, TX, 77084
Sold
Listed at: May 28th, 2024
Price
$269,950
ARV
$422,000
Gross Margin
$152,050
Sq. Footage
3042
Type
Single-Family
Parking
Detached Garage
Year build
1977
Lot size
12400.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
Summary

Deal Summary: This deal works perfectly as a flip with a $150,000 spread. Now go make MONEY!
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Deal Details:

Now Only: $269,950

ARV: $422,000

Rent Rate: $2,950

Spread: $152,000
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Property Details:

🛏️ 4 Bedrooms
🛁 2.5 Bath
🏠 House Size: 3,042 SF
🌳 Lot Size: 12,400 SF
🏗️ Year Built: 1977
Subdivision: Deerfield Village
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Property Features:

Rehab Level: Full Rehab
Stories: 2
Foundation: Slab
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Disclaimer:

The properties listed are being offered only for cash purchases or through private/hard money lenders. There is no option for conventional or FHA financing unless it's specifically mentioned for a particular property. The sale being offered is not a direct property sale; instead, it's an assignment of our purchase agreement with the property's original seller. In these transactions, I am acting as the assignor of the contract, not as a real estate agent. Before making an offer or signing any contract, it's essential for potential buyers to conduct their own thorough research and assessment of the property.

All properties are sold on an as-is, where-is basis, and all inspections must be concluded before the contract's execution by the buyer. Any offer placed on the properties necessitates a non-refundable earnest money deposit of at least $5,000. The closing of these deals involves assigning our contract with the seller to the end buyer, with the buyer shouldering all closing costs.

No representations, either written or oral, are made concerning the properties. Any estimates given regarding rehab costs, rent, ARV, taxes, insurance, and closing costs are approximations, and the actual costs or values may differ. I am not a licensed contractor or appraiser, and these estimates are not to be interpreted as professional appraisals.

Please note that I may not currently hold the title to these properties. If I don't hold the title, I am advertising the sale of my equitable interest in the property, which is represented by an executed purchase agreement to purchase the property. This disclaimer is provided by Great Rock Home Buyers and/or the associated members or employees, who do not represent any party other than Great Rock Home Buyers in these transactions. Some members or employees of Great Rock Home Buyers may be licensed real estate agents in the state of Texas.

These transactions comply with equal opportunity housing principles. Due to the nature of our business, termination options or option periods cannot be accepted. Buyers are advised to inspect the properties before making any decisions and are responsible for all closing costs, including those for the seller.

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

Justin Reed

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Disposition manager