🏠💰Light Rehab SFH in North Richland Hills | 🤑45K Spread 💸

North Richland Hills, TX, 76180 view full address
For Sale
Listed at: November 7th, 2024
Price
$176,000
ARV
$275,000
Sq. Footage
1499
Type
Single-Family
Parking
Driveway
Year build
1955
Lot size
0.21 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Address: 7933 Lazy Lane Rd, North Richland Hills, TX 76180

Single Family Home - 3 beds 2 bath

Property is Vacant. Contact the Dispo Manager for access. 

Comps: 

  • 7909 Laura St - Sold for $275,000
  • 4816 Colorado Blvd - Sold for $309,000
  • 4821 Colorado Blvd - Sold for $260,000 (smaller than the subject property). 

Deal Takeaways:

  • (+) Low inventory in the neighbourhood
  • (+) Nearby properties on the market listed in the $400,000s
  • (+) Rehab is light/cosmetic
  • Age of the roof, 15+ working
  • HVAC: 10+ working
  • Foundation, electrical, plumbing, all in good condition

Financials:

ARV: $275,000

Purchase Price: $176,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $275,000

(*) 94% for sale commissions

(-) $176,000 purchase price

(-) $30,000 estimated rehab costs

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

(=) $47,500 profit

Property Details:

1,499 Home Square Feet

9,317  SQFT Lot Size

Closing 11/26/2024

CALL SAM TODAY AT 210-361-4947! 

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