(Goldsmith, TX) 🏚️ 100k Profit in this Quick Fix & Flip!🏑

Ector County, Goldsmith, TX, 79741
Sold
Listed at: July 30th, 2024
Price
$30,000
ARV
$140,000
Gross Margin
$110,000
Sq. Footage
992
Type
Single-Family
Parking
Attached Garage
Year build
1967
Lot size
0.17 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

🏚️$100k Profit in this Quick Fix & Flip!🏑

Attention real estate investors: Centrally Located with easy access to TX-158 the 385 loop and 450 SPUR  & only 20 minutes away from central Odessa, with local Churches, Shopping, Restaurants & More! There is tons of potential for profit in quiet neighborhoods of Goldsmith!


ASKING PRICE: $30K

ARV: $165K+

Perfect For:

πŸ›  Fix/Flip

(Purchase Price) $30K + (Rehab) 35k = (Total Investment) 65K

(ARV) $165K+ (Depending on Finishes)- 65k= (Gross Profit) Over $100k 

ARV Comps:

319 S Goldsmith St, Goldsmith, TX 79741- SOLD $165,000

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

621 N Goldsmith St, Goldsmith, TX 79741 - LIVE  $145,000

(On-Market properly finished 1 less bed and less sqft)

Property Overview:

πŸ› 3 Bedrooms

πŸ› 1 Bathroom

πŸ“ 992 liveable sqft of potential!

πŸ“… Built in 1967

 

Property Details:

🧱Exterior: Wood, Brick

β€¨πŸ Roof: Could use attention

πŸͺ Utilities: Breakers in service panel

πŸ’¦ Hot Water Heater: Needs to be replaced

πŸ₯΅A/C Unit: Window units 

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

214-286-6940

TENTATIVE CLOSE DATE:  09/06/2024

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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