🏚️ 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
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