🏚️$50k Profit in this Alvin Fix & Flip🏡

Attention real estate investors: Excellent Location Close to Restaurants & Shopping w/Easy Access to I-35 and Rt6 & just 35 minutes from Houston. Tons of potential for profit in a great neighborhood of Alvin.

ASKING PRICE: $165K

ARV: $250K

Perfect For:

🛠 Fix/Flip

(Purchase Price) $165K + (Rehab) $35k = (Total Investment) $200k

(ARV) $250k - (Total Investment) $200k = (Gross Profit) $50k 

ARV Comps:

1217 Southbend Dr, Alvin, TX 77511 - SOLD $250,000

(Clean Flip w. 200 less sqft)

1206 Cypress St Lynn Dr, Alvin, TX 77511 - SOLD $235,000

(Old rehab and Sold FAST)

Property Overview:

🛏 3 Bedrooms

🛁 2 Bathroom

📏 1546 sqft of potential

📅 Built in 1963

Property Details:

🧱Exterior: Brick


🏠Roof: Solid with no leaks

🪠Utilities: Breakers in service panel

💦 NEW Hot Water Heater: 3 months old

🥵NEW A/C Unit: 1.5 years old

Additional Insights:

🚀 Area: Hot Area for Flips or rentals 

🕒 History: Well Paying Tenant (approx at market rent )

🚧 Attention Required: Light cosmetic updates

🔄 Vacancy: Currently tenant occupied

PLEASE CALL TO SCHEDULE SHOWINGS

214-286-6940

TENTATIVE CLOSE DATE ON OR BEFORE 08/1/2024