Summary
This vacant single-family home is located in a very hot area of Austin for flips and new builds. It is larger than most comps in the area at 1220 sqft. It is in overall good shape, just outdated. The roof is 5 years old and with a new AC installed. It needs a full cosmetic update. The seller has requested just under 2 months for closing to go through all of the belongings of his late father's home. See pics below.
STATS:
- Bed/Bath: 3/2
- Sqft: 1220
- Lot Sqft: 6543
- Built: 1968
- Est. Rehab on Update: $30-$40/ft
- ARV: $510K
ARV COMPS:
- 5004 Lott Ave - (3/3, 1267sf) - SOLD - $560,000 ($441/ft) - (Fully Updated)
- 1147 Webberville Rd - (3/2, 1040sf) - SOLD - $452,000 ($435/ft) - (Fully Updated)
- 5005 Delores Ave - (3/1, 1064sf) - SOLD - $485,000 ($455/ft) - (Fully Updated)
New Build Comps
- 5006 Lott Ave Unit #2 - (2/2.5, 921sf) - SOLD - $432,000 ($469/ft) - (Lot size 0.146 acres)
- 1135 Mansell Ave Unit #A - (2/2.5,1154sf) - SOLD - $463,000 ($401/ft) - (Lot size 0.136 acres)
- 1135 Mansell Ave Unit #B - (2/2.5, 1139sf) - SOLD - $439,000 ($385/ft) - Lot size 0.136 acres)
AS-IS Comp:
- 1139 Richardine Ave, Austin, Texas 78721 (2/1, 672sf) - SOLD - $321,000 ($478/ft)
- 4901 Santa Anna St - (3/1, 1443sf) - SOLD - $420,000 ($291/ft)
1. Tallbridge Real Estate is selling their equitable interest in the contracts to purchase the aforementioned properties. All properties are sold for cash or hard money.
2. Buyers responsibility to do your own due diligence and verify all information.
3. Prices are NET to seller with buyer paying all closing costs unless otherwise stipulated.
4. Opinions of value / rents are given as a courtesy and no guarantees are expressed or implied.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold