CALL SAM TODAY AT 210-361-4947! 

Address: 1200 W 11th St, McGregor, TX 76657

Single Family Home - 2 beds 1 bath

Property is Vacant. Contact the Dispo Manager for access. 

Deal Takeaways:

• Affordable Entry Point: With a sub-$100K asking price, this property offers a unique chance to secure an investment in a high-demand area at an exceptional value.
• Prime Location: Nestled in a well-established and desirable neighborhood, this property promises strong appreciation potential, catering to investors targeting stable, high-demand areas with a strong buyer pool.
• Comps Support High Exit Values: Nearby properties have sold for $175K to $230K, showcasing a robust local market and high activity. This provides a favorable scenario for investors focused on quick flips or long-term buy-and-hold strategies.
• Rehab Potential: The property requires a full interior renovation, including updates to roofing, HVAC installation, and more. Despite the work required, the structure has no leaks and is in fair condition, making it a prime candidate for cost-efficient value-add improvements.
• Investor Opportunity: Ideal for experienced investors seeking projects with significant equity potential. The opportunity to increase the value through targeted, high-yield renovations ensures maximum return on investment.

Comps: 

• 812 S Tyler St, McGregor, TX 76657 – Sold for $199,000
• 1004 Fillmore St, McGregor, TX 76657 – Sold for $230,000
• 1021 S Harrison St, McGregor, TX 76657 – Sold for $175,000

Financials:

ARV: $200,000

Purchase Price: $69,800

Estimated Profit Details (Flipper/MLS Sale):

ARV: $200,000

(*) 94% for sale commissions

(-) $69,800 purchase price

(-) $60,000 estimated rehab costs

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

(=) $54,100 profit

Property Details:

1,526 Home Square Feet

7,680  SQFT Lot Size

Closing 12/5/2024

"Secure This Deal Now for $78k!" - Act fast—buy it at this price and lock it in today. No competing offers, no waiting. It’s yours!

CALL SAM TODAY AT 210-361-4947!