(Alvin TX) ๐Ÿš๏ธ55k Profit in this Alvin Fix & Flip๐Ÿก

Brazoria County, Alvin, TX, 77511
Sold
Listed at: July 2nd, 2024
Price
$145,000
ARV
$250,000
Gross Margin
$105,000
Sq. Footage
1320
Type
Single-Family
Parking
Attached Garage
Year build
1977
Lot size
0.17 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

๐Ÿš๏ธ$55k Profit in this Alvin Fix & Flip๐Ÿก

Attention real estate investors: Excellent Location with easy access to I-35, I-6, and Alvin Community College. Located close to many restaurants and shopping centers as well. Very convenient location where everything is within a few minutes of driving.

 

ASKING PRICE: $145K

ARV: $250K

 

Perfect For:

๐Ÿ›  Fix/Flip

(Purchase Price) $145K + (Rehab) $50k = (Total Investment) $195k

(ARV) $250k - (Total Investment) $195k = (Gross Profit) $55k or $40k with fees

ARV Comps:

1217 Southbend Drive Alvin, TX 77511- SOLD-$250k

(Lived in Home not a Flip)

1611 Bayou Drive Alvin, TX 77511- SOLD - $235k

(Lived in Home not a Flip)

1206 Cypress Street Alvin, TX 77511 - SOLD $235k 

(Simple FLIP) 

 

Property Overview:

๐Ÿ› 3 Bedrooms

๐Ÿ› 3 Bathroom

๐Ÿ“ 1320 sqft of potential

๐Ÿ“… Built in 1977

 

Property Details:

๐ŸงฑExterior: Brick

โ€จ๐Ÿ Roof: Solid with no leaks

๐Ÿช Utilities: Breakers in service panel

๐ŸฅตNew A/C Unit: Under 5 Years Old

Additional Insights:

๐Ÿš€ Area: Convenient Location Close to all essentials

๐Ÿ•’ History: Long Term Owner with 20+ years

๐Ÿšง Attention Required: Cosmetic overhaul

๐Ÿ”„ Vacancy: Currently tenant occupied will be delivered vacant 


PLEASE CALL TO SCHEDULE SHOWINGS

(214)-286-6940

TENTATIVE CLOSE DATE ON OR BEFORE 08/9/2024

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

Devin Robinson

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