🧰 NEW PRICE $99,000 🛠️🏡 MINERAL WELLS TX 🏡 PALO PINTO COUNTY🤑🔥

Palo Pinto County, Mineral Wells, TX, 76067
Sold
Listed at: June 12th, 2024
Price
$99,000
ARV
$240,000
Gross Margin
$141,000
Sq. Footage
1790
Type
Single-Family
Parking
Detached Garage
Year build
1915
Lot size
0.40 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

 🧰 NEW PRICE $99,000 🛠️ ↕️↕️ 🏡MINERAL WELLS TX🏡PALO PINTO COUNTY🤑🔥

 

🏠👪SINGLE FAMILY 👪🏠

ARV: $240,000 

STARTING PRICE: $99,000

OCCUPANCY: Vacant 

CALL US NOW! -  WON'T LAST FOR LONG! 

Call Abbie Gurley on 706-829-0373 👷‍♂️💰🔥

🏠 PROPERTY DETAILS : 🏠

✅3 bedrooms / 2 bathrooms

✅1,790 SqFt / Lot Size: 17,424 SqFt

✅Year built: 1915

✅School District - Mineral Wells Independent School District

✅HOA - none, Solar panels - none

✅MAJOR SYSTEMS : Water Heater - Unknown, Roof - Unknown, HVAC - Unknown

✅2023 Tax amount $430 (public record) 

✅$1,615 rental estimate (rentometer) 

✅$185,100 Zestimate

 

💰🤑 POSSIBLE EXIT STRATEGIES💰🤑

  1. Traditional fix and flip 🧰 🔨
  2. Traditional fix and rent (check 3rd picture 📸  ⬆️)
  3. Airbnb/VRBO (check 4th picture ➡️ 🛌) 
  4. Section 8 /PadSplit (contingent on approval) 

✅ VALUE ADD : Clear title, vacant/easy access, 2ND LOT - beside the house can built another house, already has iron fence around it, OFF market - no MLS 

 

ARV: $240,000 

STARTING PRICE: $99,000

 

💰COMPS:💰

SOLD:

🔴801 12th Street Mineral Wells, TX 76067

Sold on 09/21/2023 for $244,900

Differences between our property and comp - smaller square footage (1,566) and smaller lot size (0.3 acres)

🔴911 Sw 10th Street Mineral Wells, TX 76067

Sold on 04/5/2024 for $200,000

Differences between our property and comp - smaller square footage (1,584) and smaller lot size (0.3 acres)

 

PENDING:

🔴912 SW 4th Ave, Mineral Wells, TX 76067

For $215,900

Differences between our property and comp - smaller square footage (1,472) and smaller lot size (0.35 acres)

🔴501 SE 20th St, Mineral Wells, TX 76067

For $188,000

Differences between our property and comp - smaller square footage (1,305) and smaller lot size (0.29 acres)

 

FOR SALE:

🔴1106 & 1108 SW 13th St, Mineral Wells, TX 76067

For $239,900

Differences between our property and comp - smaller square footage (1,440) and smaller lot size (0.29 acres)

🔴1108 SW 5th Ave, Mineral Wells, TX 76067

For $198,000

Differences between our property and comp - smaller square footage (1,350) and smaller lot size (0.18 acres)

 

🚨🚨🚨 Please note : Property is under a legal binding purchasing contract with the Seller giving T&R Certified Closing LLC exclusive rights to purchase the property. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. 

🚨🚨🚨 The property is sold As-Is, Where-Is. Seller has no knowledge or any sellers disclosures on the property. Buyer should perform their due diligence and make their own assessments. Buyer assumes all risk.

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

Abbie Gurley

No reviews

Disposition manager