(Montgomery, TX) 🏚️ Fix & Flip Profit over $140k+ or hold and cashflow $800/mo !!!🏡

Montgomery County, Montgomery, TX, 77316
Sold
Listed at: September 5th, 2024
Price
$100,000
ARV
$320,000
Gross Margin
$220,000
Sq. Footage
1200
Type
Single-Family
Parking
Detached Garage
Year build
1994
Lot size
2.00 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

 🏚️ Fix & Flip Profit over $140k+ or hold and cashflow $800/mo !!!🏡

 

Attention Real Estate Investors

Prime investment property in the heart of Montgomery, TX! Located in a rapidly growing area, this 3-bed, 2-bath home is perfect for investors looking to capitalize on a desirable neighborhood. Minutes from Lake Conroe and nestled in a peaceful, family-friendly community, this property is close to parks, great schools, and shopping centers. Montgomery is known for its small-town charm while being just a short drive to The Woodlands and Houston.

Perfect for quick flip or generating rental income. Don’t miss out—schedule your showing today! **contact below**


ASKING PRICE: $100K

ARV: $320K+

RENT ROLL: $300+/MO

 

 

Perfect For:

🛠 Fix/Flip Opportunity

(Purchase Price) $100K + (Rehab + Septic) $65k = $165K (Total Investment)

(ARV) $320k - (Total Investment) $165k = (Gross Profit) Over $155k or $140k after closings  

 

ARV Comps:

 

25036 Weeren Rd, Montgomery, TX 77316- SOLD $375,000

7 dom

222 Hall Dr S, Montgomery, TX 77316 - SOLD $300,000

14 dom

24729 Country Oaks Blvd, Montgomery, TX 77316 - SOLD $290,000

47 dom

 

🚪 Buy and Hold

(Purchase Price) $100K + (Rehab) $55k = (Total Investment) $155k

(Current Rent Rate) $2,000/mo - 1,400 (PITI) = $600+/mo est. CASH FLOW!

 

Rental Comps:

 

218 Hall Dr S, Montgomery, TX 77316 LEASED $2,050/MO

41 DOM

213 Hall Dr S, Momtgomery, TX 77316 - LEASED $1,975/MO

42 DOM

 

Property Overview:

🛏 3 Bedrooms

🛁 2 Bathroom

📏 1,200 liveable sqft of potential! 

📅 Built in 1994

 

Additional Insight:

🚀 Area: Hot Area for Flips or profitbale Rentals

🕒 History: Long-term Owners 

🚧 Attention Required: SEPTIC NEEDS REPLACEMENT, Light Rehab -- Countertops, paint and bathrooms  

🔄 Vacancy: Vacant

**Buyer due diligence on all properties**

 


CALL TO SCHEDULE SHOWINGS

214-286-6940

TENTATIVE CLOSE DATE:  09/30/2024

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

Devin Robinson

No reviews

Disposition manager