(Corpus Christi TX) πŸ”‘ TURN KEY CASH FLOW $800/MO IN Corpus Christi TX πŸ”‘

Nueces County, Corpus Christi, TX, 78418
Sold
Listed at: July 16th, 2024
Price
$185,000
ARV
$305,000
Gross Margin
$120,000
Sq. Footage
1588
Type
Single-Family
Parking
Attached Garage
Year build
1982
Lot size
0.14 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

 (Corpus Christi TX) πŸ”‘ TURN KEY CASH FLOW $800/MO IN Corpus Christi TXπŸ”‘

Attention real estate investors: Excellent Location only minutes from Bluff schools. Tons of potential for easy cash flow or profit in the lucrative area of Corpus Christi.

 

ASKING PRICE: $185K

Rental Income : $2150/mo

Cash Flow after PTI : $850/mo

 

Perfect For:

πŸšͺ Buy and Hold <1%

(Purchase Price) $185K + (Rental Rehab~Turn Key) $5k = (Total Investment) $190k

(Current Rent Rate) $2150/mo ~1300 (PTI)= $850/mo

 

Rental Comps:

2301 Beta Ln Corpus Christi TX 78418 - Rent $2200/mo

906 Strom Rd Corpus Christi TX 78418 - Rent $2100/mo

 

Instant Equity Comps:

2325 Retta DR Corpus Christi TX - Sold $308k

Sold 6/19/24

1509 Amber Dr Corpus Christi TX - Sold $295k

(ONLY 6 DOM)

 

 

 

Property Overview:

πŸ› 3 Bedrooms

πŸ› 1.5 Bathroom

πŸ“ 1252 sqft of potential

πŸ“… Built in 1982

 

Property Details:

🧱Exterior: Brick

β€¨πŸ Roof: Only 5 years old

πŸͺ Utilities: Breakers in service panel

πŸ’¦ NEW Hot Water Heater: Solid no leaks

πŸ₯΅NEW A/C Unit: Replaced a few years ago around 2018

Additional Insights:

πŸš€ Area: Low DOM for comparable homes nearby

πŸ•’ History: Decent rental history pre-some updates

🚧 Attention Required: N/A

πŸ”„ Vacancy: Vacant


PLEASE CALL TO SCHEDULE SHOWINGS

214-286-6940

TENTATIVE CLOSE DATE ON OR BEFORE 08/6/2024

 
 
 
 
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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