🏚️ Flip and Profit over 85k or Cashflow 600+/mo!!!🏡

Attention Real Estate Investors

Charming investment opportunity in a desirable Lubbock neighborhood! This spacious 3-bedroom, 2-bath home offers 1,906 sq ft of comfortable living space. Located in a quiet, established area with easy access to schools, shopping, and local amenities.

Perfect for generating rental income or as a high yield flip!! Don’t miss out—schedule your showing today! **contact below**

ASKING PRICE: $140K

ARV: $270K+

RENT ROLL: $550+/MO

Perfect For:

🛠 Fix/Flip Opportunity

(Purchase Price) $140K + (Rehab) $45k = $185K (Total Investment)

(ARV) $270k - (Total Investment) $185k = (Gross Profit) Over $85k or $70k after closings  

ARV Comps:

6119 Nashville Ave Lubbock Tx 79413- SOLD $273K

3632 56TH St Lubbock Tx 79413- SOLD $270k

(ONLY 22 DOM!!)- sold this Month!

3820 64th Dr Lubbock Tx 79413- SOLD $268k

(ONLY 30 DOM!!!)

🚪 Buy and Hold

(Purchase Price) $140K + (Rehab) $40k = (Total Investment) $180k

(Current Rent Rate) $1915/mo - 1300 (PITI) = $600+/mo est. CASH FLOW!

Rental Comps:

3828 53rd St Lubbock Tx 79413- LEASED $2,100/MO

3808 54th St, Lubbock Tx 79413- LEASED $1,850/MO

3631 60th St, Lubbock Tx 79413- LEASED $1,795/MO

Property Overview:

🛏 3 Bedrooms

🛁 2 Bathroom

📏 1,906 liveable sqft of potential! 

📅 Built in 1970

🏡 Roof solid no leaks  

Additional Insight:

🚀 Area: Hot Area for Flips or profitbale Rentals

🕒 History: Long-term Owners 

🚧 Attention Required: Minor Rehab -- Countertops, paint and bathrooms  

🔄 Vacancy: Vacant

**Buyer due diligence on all properties**

CALL TO SCHEDULE SHOWINGS

214-646-0509

TENTATIVE CLOSE DATE: 10/10/2024