Investment Opportunity In Houston

Houston, TX, 77084
Sold
Listed at: October 9th, 2024
Price
$135,000
ARV
$225,000
Gross Margin
$90,000
Sq. Footage
1117
Type
Detached
Parking
Driveway
Year build
1984
Lot size
0.10 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

**Investment Opportunity**

This 2-bedroom, 1-bathroom single-family home is a prime investment opportunity for buyers looking to maximize their return. With an ARV (After Repair Value) estimated between $220,000 and $225,000 and a rehab cost of $30,000, this property offers strong profit potential. The entry fee of $145,000 positions this deal well for a profitable flip or a long-term rental strategy.

Neighborhood Overview:

The property is located in an established Houston neighborhood known for its stability and ongoing growth. The property’s proximity to major highways allows for quick access to downtown and surrounding areas, making it a desirable spot for both families and working professionals. The neighborhood has been benefiting from a wave of revitalization, with new developments and improved infrastructure adding to its appeal and future value.

**Investment Potential:**

The property’s smaller footprint and low rehab cost make it ideal for targeted upgrades that significantly boost value. Modernizing the kitchen, bathroom, and enhancing curb appeal will allow for a quick resale at the top of the market. With strong ARV projections and a reasonable entry price, this deal provides a solid return on investment and the potential for steady cash flow as a rental in a high-demand area.

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

Kristin Wright

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Disposition manager