🏠💰SFH in Houston TX| 🤑176K Spread 💸

Harris County, Houston, TX, 77055
Sold
Listed at: July 23rd, 2024
Price
$294,000
ARV
$470,000
Gross Margin
$176,000
Sq. Footage
1011
Type
Single-Family
Parking
Attached Garage
Year build
1953
Lot size
8220.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Address: 6603 Maybank Dr, Houston, TX, 77055-2601,

Single Family Home - 3/1  

Property is Vacant. Contact the Dispo Manager for access. 

Deal Takeaways:

  • Vacant SFH
  • Desirable Spring Branch district
  • Zoned to Spring Branch schools
  • Easy access to I-10 and 290

Financials:

ARV: $470,000

Purchase Price: $294,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $470,000

(*) 94% for sale commissions

(-) $294,000 purchase price

(-) $45,000 estimated rehab costs

(-) $5,000 esti. closing / holding cost

(=) $97,800 profit

Property Details:

1,011 Home Square Feet

8,220  SQFT Lot Size

Closing on August 6th, 2024

Property needs roof replacement

HVAC 6 years old

Plumbing/electrical/foundation are all good 

Tenant just vacated after 6 years, pictures prior to tenant

Padua Partners Acquisitions assumes no liability for the accuracy of any estimates or information provided. End buyers must conduct own due diligence. The property is to be sold as-is. Proof of funds is required. Cash or hard money only. End buyer pays all closing costs and fees associated with this transaction. $5,000 Non-Refundable EMD needed to secure the contract.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Samuel Wooten

No reviews

Disposition manager