🏠💰Make Ready SFH | 86k+ Spread | Lancaster TX

Dallas County, Lancaster, TX, 75134
Sold
Listed at: September 17th, 2024
Price
$194,000
ARV
$280,000
Gross Margin
$86,000
Sq. Footage
1577
Type
Single-Family
Parking
Attached Garage
Year build
1986
Lot size
7590.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Address: 1252 Payne Dr, Lancaster, TX 75134

Single Family Home - 3 beds 2 bath

Property is Vacant. Contact the Dispo Manager for access. 

Deal Takeaways:

  • Turnkey property,
  • Some recent updates - new bathrooms, laminate floors, ceramic, bathrooms redone, stainless appliances.
  • Roof 10 years old
  • HVAC 10 years old. 

Financials:

ARV: $280,000

Purchase Price: $194,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $280,000

(*) 94% for sale commissions

(-) $194,000 purchase price

(-) $15,000 estimated rehab costs

(-) $5,000 esti. closing / holding cost

(=) $49,200 profit

Property Details:

1,577 Home Square Feet

7,590  SQFT Lot Size

Closing on Sept 30th, 2024

Padua Partners Acquisitions assumes no liability for the accuracy of any estimates or information provided. End buyers must conduct own due diligence. The property is to be sold as-is. Proof of funds is required. Cash or hard money only. End buyer pays all closing costs and fees associated with this transaction. $5,000 Non-Refundable EMD needed to secure the contract.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Samuel Wooten

No reviews

Disposition manager