(Odessa, TX) 🏚️ Profit over $85k on this Great Fix & Flip Opportunity🏑

Ector County, Odessa, TX, 79761 view full address
For Sale
Listed at: September 27th, 2024
Price
$85,000
ARV
$215,000
Gross Margin
$130,000
Sq. Footage
1419
Type
Single-Family
Parking
Driveway
Year build
1948
Lot size
0.20 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

🏚️ Fix & Flip in Odessa,TX 

Profit over 85k!!!🏑

Attention Real Estate Investors: Discover the potential in this 1,419-square-foot single-family home, perfectly suited for investors. This property is perfect for Fix & Flip exit strategy with hot homes selling quick! This property features 3 bedrooms and 2 bathrooms with tons of potential for profit so don't miss this opportunity to transform this gem into your next profitable project!  


ASKING PRICE: $85K

ARV: $215K+

 

πŸ›  Fix/Flip Opportunity

(Purchase Price) $85K + (Rehab) $35k = $120K (Total Investment)

(ARV) $215k - (Total Investment) $120k = (Gross Profit) Over $95k after closing 

 

Property Overview:

πŸ› 3 Bedrooms

πŸ› 2 Bathroom

πŸ“ 1,419 liveable sqft of potential!

πŸ“… Built in 1948

 

 

ARV Comps:

2002 N Sam Houston Avenue, Odessa, TX 79764 - SOLD $239,000

3 bed | 2 bath | 1,684 SqFt  (0.04 mi away) 

 

509 W 24th St, Odessa, TX 79761 - SOLD $215,000

3 bed | 2 bath | 1,277 SqFt  (0.28 mi away) 

 

912 W 20th St, Odessa,TX 79763 - SOLD $195,000

3 bed | 2 bath | 1,214 SqFt  (0.49 mi away)

 

 

Additional Insight:

πŸš€ Area: Good Area for Flips or profitbale Rentals

πŸ•’ History: Long-term Rental Tenants

🚧 Attention Required: Moderate Rehab

πŸ”„ Vacancy: Vacant on Lockbox

**Buyer must do due diligence on property prior to submitting offers.

 


CALL TO SCHEDULE SHOWINGS

214-646-6748

 

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

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