🔥Great flip opportunity in Plano, Texas 🔥

Collin County, Plano, TX, 75075
Sold
Listed at: July 5th, 2024
Price
$375,000
ARV
$530,000
Gross Margin
$155,000
Sq. Footage
2500
Type
Single-Family
Parking
Attached Garage
Year build
1973
Lot size
0.20 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
Summary

PROPERTY DETAILS

  • Year Built: 1973
  • Square Feet: 2,500 (County records: 2,272 + 228 sqft enclosed porch)
  • Bedrooms: 4
  • Bathrooms: 2.5
  • Lot Size: 8,865 sqft

PROPERTY DESCRIPTION This is a fantastic opportunity to own a home in the highly sought-after Plano area! The property is in need of a cosmetic upgrade and is ideal for a fix and flip project.

UPDATES

  • Roof: 8 years old
  • AC: Less than 5 years old
  • Heater: Less than 3 years old
  • Duct Work: Cleaned at the time of heater replacement
  • Foundation: Walks pretty solid

IMPORTANT INFORMATION

  • DO NOT DISTURB! ACCESS BY APPOINTMENT ONLY
  • Contact: Shelby at 469-334-2224

TERMS

  • Closing Date: July 15
  • Leaseback: 30 days (sellers hope to vacate sooner). $5,000 in escrow for leaseback; inquire for details regarding rent rate and holdover.
  • Payment: Cash or Hard Money only
  • Assignment Deposit: $5,000.00
  • Sale Condition: Property to be sold as-is
  • Closing Costs: Buyer pays all closing costs
  • Agent Commissions: Agents, please add your commissions
  • Transaction Coordinator Fee: $650 to be paid with closing costs

Don’t miss out on this great investment opportunity in a prime location!

Buyer acknowledges that the seller, Jennifer's Homes, Inc., purchased the property as an investment with the intent to resell it, and has provided no reports regarding the property's condition, except for those listed in writing. The buyer is aware that the seller, its officers, directors, and associates may be licensed real estate agents or brokers in Texas, and acknowledges that no representation, advice, or real estate counsel is being provided by the seller. Jennifer Raney Herriage (Licensed Broker) and other associates are not acting in the capacity of real estate agents or brokers in this transaction. Jennifer's Homes, Inc. and its affiliates are professional homebuyers who purchase properties below market value for profit. The buyer agrees to accept the property in its "as-is" condition, with no repairs to be made by the seller unless otherwise agreed upon in writing. The seller has never occupied the property and has no knowledge of its condition, providing only disclosures received from the previous seller. No warranties, whether written, verbal, or implied, are made by the seller, and the buyer is advised to thoroughly inspect the property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Shelby Smith

★★★★★
★★★★★
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