🏠🌴 SUB-TAIL OR HOLD OR FLIP | Desired Area | Houston, TX | Video Inside ➡️🏡

Harris County, Houston, TX, 77034
Sold
Listed at: August 1st, 2024
Price
$210,000
ARV
$270,000
Gross Margin
$60,000
Sq. Footage
1940
Type
Single-Family
Parking
Attached Garage
Year build
2003
Lot size
5125.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
Summary

Who's looking for a 4.6% interest rate in Houston, TX with instant equity before the end of the month!?  Entry Fee 10%<

This slice of heaven is rent ready or a light flip! Located in Houston, TX. 20mins from downtown Houston.  All big ticket items less then 5 years old.

 

Population growth and values in this area have been continuing to increase as Houston expands. Interest rates continue to stabilize and then expected to dip this year, this property's ARV will rise in the months to come. It would be an excellent pick for any investor!

 

SUB-TO DEAL FOR ASSIGNMENT

 

Location Highlight:

Downtown Houston: Within 20mins

Hospitals & Airport: 20mins to major hospitals and Hobby Airport.

Kemah Boardwalk 15mins & Beach 45mins

Built 2003 - 1,940 sqft living space

4 bed / 3 bath

COE: On or Before August 19th, 2024

Details

**Instant Equity**

Current Market Value +$274,100

Total Purchase Price: $187,237.72

Interest Rate: 4.6%

Remaining FHA Loan Balance: $187,237.72

PITI - $1,729

Maturity Date - 05/01/2052

Total Entry: $27,600 - plus Closing & TC

Realtor - NO

EMD $5000

TC - $1,200

HOA - $92 Annually

Occupancy - Vacant

LTR - 1,900-2,300 Comps

STR - 2,533 AirDNA

Investor's Edge:

Low Interest Rate: Lock in savings with a 4.6% rate

Exit Strategies: Ideal for a light rehab sub-to flip, wrap or income rental (long-term, midterm, short-term.

Contact for more information:

David Bond

Phone 832-736-8266

NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OR OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT OF EMPIRE HOME OFFER. Terms and Conditions: AS-IS sale. Seller/Assignor makes no warranties whatsoever. Assignable contract of equitable title. Buyer to pay all traditional closing costs and escrow/title fees. Buyer to do their own due diligence prior to assignment. Buyer to investigate and verify all information, facts and figures deemed important. One or more members of Bond Solutions, LLC is a licensed Real Estate Agent(s) in the state of Texas. The pictures available show the current property condition of which equitable title is being marketed. Buyer understands and acknowledges that information seen on this posting is for equitable title. Bond Solutions, LLC is not selling real property and Buyer understands that the equitable interest via contract for assignment is for real property. Seller of this property either is the owner of record or has equitable title via a contractual interest, or a JV agreement with holder of equitable title. Bond Solutions, LLC makes no representations as to the condition or defects of any property. Information provided is deemed accurate but could be incorrect. Any values listed are an opinion of value. Buyer is responsible for running their own comparable market analysis to determine the property value. Buyer to do their own due diligence at their own risk. Property is sold AS-IS and requires either cash or hard-money to close. Buyer understands that a non-refundable earnest money deposit is required to enter into a binding agreement, no exceptions. Any Property information received by you is proprietary information belonging to Empire Home Offer and its affiliates. All Properties are currently under Contract to Empire Home Offer. Any transaction consummated by you will be pursuant to an assignment of Empire Home Offer Contract. Any unauthorized contact will be considered intentional interference with a Contract and may result in legal action being taken against you. Buyers are asked to perform their due diligence. Empire Home Offer provides only estimated repair costs and property values.

Videos

Interior Walk

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Bond

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