CALL SAM TODAY AT 210-361-4947!
Address: 4409 Calmont Ave, Fort Worth, TX 76107
Single Family Home - 3 beds 1 bath
Property is Occupied. Contact the Dispo Manager for access.
Deal Takeaways:
30-Day Seller Lease Back with Holdback Assurance: The seller will remain in the property for 30 days post-closing, with a $5,000 holdback secured by the title company to ensure smooth and timely vacancy. The holdback will only be released once the property is confirmed vacant.
Prime Location: Located in a highly desirable and well-established neighborhood, this property promises strong appreciation potential. It's an ideal investment for those targeting stable, high-demand areas.
High-Value Comps: Several properties in the area have recently sold for $500,000 and above, showcasing robust market activity. This supports a favorable exit strategy, whether for a quick flip or long-term hold.
Excellent Accessibility: Just minutes from Highway 30, this property offers convenient access to major routes, making it highly attractive for future tenants or buyers who prioritize commute efficiency.
Repairs & Renovation Potential: The property requires foundation leveling and general cosmetic renovations. This provides a fantastic opportunity for value-add investors to increase equity and maximize profit potential. The needed improvements are ideal for those experienced in cost-effective rehabs to bring the property to its full market value.
Comps:
- 4312 Calmont Ave - sold for $375,000
- 4316 Calmont Ave - sold for $369,000
- 4132 Pershing Ave - sold for $515,000
- 4129 El Campo Ave - sold for $530,000
- 3931 Birchman Ave - sold for $445,000
Financials:
ARV: $430,000
Purchase Price: $232,000
Estimated Profit Details (Flipper/MLS Sale):
ARV: $430,000
(*) 94% for sale commissions
(-) $232,000 purchase price
(-) $40,000 estimated rehab costs
(-) $5,000 esti. closing / holding cost
(=) $127,200 profit
Property Details:
1,342 Home Square Feet
6,486 SQFT Lot Size
Closing 12/3/2024
CALL SAM TODAY AT 210-361-4947!
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