๐Ÿ The Colony Brick Investment Opportunity ๐Ÿ 

Denton County, The Colony, TX, 75056
Sold
Listed at: August 6th, 2024
Price
$305,000
ARV
$435,000
Gross Margin
$130,000
Sq. Footage
1881
Type
Single-Family
Parking
Garage
Year build
1976
Lot size
0.16 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

With repairs and cosmetic upgrades, this assignment of equitable interest provides investors with a fantastic prospect for a Quick Flip or Rental property!

Asking: $320,000

ARV: $435,000

๐Ÿ”’$5k non-refundable EMD required 

๐Ÿ‘ COE ASAP

Majors

๐Ÿ Roof: Replaced in 2020

๐ŸŒŸHVAC: Replaced in 2020

๐Ÿข Foundation: No known issues

๐Ÿ’งPlumbing: No known issues

๐Ÿ”ŒElectrical: No known issues

๐Ÿคฟ Pool: Inground with Jacuzzi 

๐Ÿ› ๏ธRepair: Minor Cosmetics

 

Location

Peters Colony Elementary School

Grades: PK-5

Distance: 0.5 mi

 

Lakeview Middle School

Grades: 6-9

Distance: 0.9 mi

 

The Colony High School

Grades: 9-12

Distance: 1 mi

 

 

Comps

Occupied with a 1 Month leaseback from COE with a  $10,000 Hold back and a $500 per day Holdover.

ACCESS AVAILABLE By Appointment:

Text or Call Armando 619-723-1237

Disclaimer: Selling equitable interest only. Buyer paid closing costs. This assignment grants only an equitable interest to the buyer to acquire property. I do not claim to have legal title of the property. I do not claim to be a licensed real estate agent or broker therefore am not providing representation of buyer(s)/assignee(s). All information and values presented are estimates, buyer is responsible for their own due diligence.

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

Armando Cervera

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Disposition manager