Summary
Property Details:
Condition of the House:
- 🛠️ Renovated and updated 4 years ago
- 🚰 Plumbing updated and new electrical ⚡ in place
- 🏠 Roof is 4 years old
- 🔧 Soft spots on the flooring due to subfloor damage from previous plumbing leaks
- Note: The property experienced plumbing leaks underneath the floor during the Freeze, which weren’t fixed until months later, causing subfloor damage.
- Needs: Subfloor and new laminate flooring
Outstanding Features:
- 📏 1,392 sqft
- 🛏️ 3 bedrooms, 🛁 2 bathrooms
- 🏛️ Built in 1890
Neighborhood Details:
- 📍 Located near Downtown Denison, TX 75020
BIG 3:
- Foundation: 🛠️ Due diligence needed for foundation and subfloor
- Roof: 🏠 4 years old
- HVAC: 🌬️ 4 years old
Financials:
- ARV: 💰 $215k–$220k
- ASK: 🏷️ $145k
- All In: 💸 $170k
- Profit: 📈 $20k
- Potential ROI: 📊 11%
Deal Structure:
- 💵 Cash or Hard Money
Closing Terms:
- 💼 Buyer pays all closing fees, title fees, and transaction coordinator fees
- 🔑 Property is vacant on a lockbox
- 💼 Agents add commission to the price
Before purchasing this or any other wholesale property, ensure you conduct your own independent due diligence. Pioneer HB LLC does not assert ownership of the properties we market. If we do not own the property, we hold an equitable interest and are assigning that interest or contract (TX Prop Code 5.086). All property listings are subject to errors, omissions, changes, or cancellations. Properties are sold as-is, where-is, with no guarantees, written or oral. A property is not considered under contract until both a signed contract and deposit are received, and all contingencies are cleared. Pioneer HB, LLC is a real estate investment firm and does not claim to be licensed real estate agents or brokers.
Documents
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold