(Converse, TX) 🏚️$65k+ Potential Profit on this Quick Fix & Flip!🏑

Bexar County, Converse, TX, 78109
Sold
Listed at: July 26th, 2024
Price
$215,000
ARV
$325,000
Gross Margin
$110,000
Sq. Footage
2119
Type
Single-Family
Parking
Attached Garage
Year build
1983
Lot size
0.23 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

🏚️$65k Profit in this Quick Fix & Flip!🏑

Attention real estate investors: Centrally Located with easy access to I-35 & only minutes away from local Schools, Churches, Shopping, Restaurants & More! There is tons of potential for profit in a great neighborhood of Converse!


ASKING PRICE: $215K

ARV: $320K+

Perfect For:

πŸ›  Fix/Flip

(Purchase Price) $215K + (Rehab) $35k = (Total Investment) $250K

(ARV) $320K+ (Depending on Finishes) (Gross Profit) Over $65k 

 

ARV Comps:

9700 Mohawk Ridge Dr, Converse, TX 78109 - SOLD $319,900

(Basic Finishes - Not 2024 Market Standard to Push ARV)

1206 10731 Laurel Creek, Converse, TX 78109 - SOLD $310,000

10238 Mission Creek, Converse,TX 78109 - SOLD $315,000

(Quick On-Market Sell!)

 

Property Overview:

πŸ› 4 Bedrooms

πŸ› 2 Bathroom

πŸ“ 2119 liveable sqft of potential!

πŸ“… Built in 1983

 

Property Details:

🧱Exterior: Wood, Brick

β€¨πŸ Roof: Replaced 3 years ago

πŸͺ Utilities: Breakers in service panel

πŸ’¦ Hot Water Heater: Needs to be replaced

πŸ₯΅A/C Unit: 3 years old

Additional Insights:

πŸš€ Area: Hot Area for Flips or Rentals

πŸ•’ History: Long-term Rental Tenants

🚧 Attention Required: Light cosmetic updates

πŸ”„ Vacancy: Vacant


PLEASE CALL CHRIS

TO SCHEDULE SHOWINGS

214-646-0509

TENTATIVE CLOSE DATE:  08/30/2024

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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