Irving 2/1/1 on LARGE lot, Make it Your next Rental? Or Add On to Make it a 4/2 Flip!?

Dallas County, Irving, TX, 75060
Sold
Listed at: September 23rd, 2024
Price
$120,000
ARV
$200,000
Gross Margin
$80,000
Sq. Footage
768
Type
Single-Family
Parking
Attached Garage
Year build
1950
Lot size
0.27 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Property Description:

  • Located in the Pembroke subdivision
  • Close to Dallas (8 mi), DFW airport (11 mi), Las Colinas (11 mi)
  • For max flip value, convert the garage to a 3rd bed and 2nd bath and/or build an addition to the back and build a detached 2 car garage in the large back yard

Property Repairs:

  • Majors:
    • Roof: Needs replaced
    • HVAC: Needed (currently window units)
    • Plumbing: No known issues
    • Electrical: Panel needs update w/weatherhead
    • Foundation: Minor movement indicated by small drywall cracks and doors not properly aligned
    • Garage conversion to bed+bath (optional)
  • Cosmetics:
    • Siding repair+paint or replace
    • Kitchen gut
    • Bath gut
    • Flooring
    • Paint
    • Windows
    • Drywall & texture repair
    • Misc

Property Comps/Value:

  • 1909 Pembroke St -- 1,022 SqFt 3/1/0 -- $221,000 closed 10/2023
  • 1601 E Shady Grove Rd -- 1,014 SqFt 3/1/0 -- $237,000 closed 2/2024

Text Jon for access at 817-993-9757

🛠 Fix & Flip or Rental

🏠 Single Family Residence

💰 Cash or Hard Money Only

🛌 2 beds

🛀 1 baths

🚗 1 car garage (attached)

📐 768 SqFt

🧱 1950 build

👨 Current Occupancy: Tenant moving out - DO NOT DISTURB

💸 Estimated ARV: $200,000 (add SqFt and ARV increases to $300k+)

🔨 Estimated Repairs: $40,000 - $80,000 (depends on add-on or not)

💸 Asking Price: $125,000

 

Text Jon for access at 817-993-9757

 

 

Purchase details:

-          $5k earnest money deposit (non-refundable unless clear title cannot be conveyed)

-          Buyer is required to do their own due diligence

-          First come first serve at asking price

-          Property is sold as-is, where-is with no warranties expressed nor implied

NOTE: You are prohibited from contacting any seller or other contact of the property owner unless you have written permission of Home Buyers Complete. Buyers MUST do their own due diligence. Buyer or buyer's agent to verify all information contained herein. Home Buyers Complete does not claim to be the owner of all of the properties for sale. If we are not the owners then we simply have an equitable interest in the property. Home Buyers Complete is a real estate investment firm and does not claim to be licensed real estate agents or brokers.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jon Soucy

No reviews

Disposition manager