Freeport 105k Equity with Cash Flow

Brazoria County, Freeport, TX, 77541
Sold
Listed at: July 29th, 2022
Price
$75,000
ARV
$184,000
Gross Margin
$109,000
Sq. Footage
2019
Type
Single-Family
Parking
Detached Garage
Year build
1941
Lot size
10500.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Low Taxes and Great Equity


ARV: $184,000


3 Bed / 2 Bath / 1 Car Garage


Roof is 11 Years Old


Will need complete rehab and foundation work.


$70k to $80k Rehab


Addition is about 450 sqft so adds up to 2019 sqft.


Central AC System is Installed and functional per seller.


POSSESSION: Sellers will deliver empty and vacant after a 7 day free leaseback with $6,000 Security Deposit.


🏡 COMPARABLE SALES 🏡


ARV Comparables:


1210 W Broad Street - Sold $184,000


1415 W 4th - Sold $183,000


Lowest "As Is" Comparable:


1223 W 2nd Street  - Sold $112,500

(Ours is cheaper - see comps)


Rent Rate $1,450


SECURE TODAY BEFORE INVESTOR SHOWING

HIT "WIN IT NOW" TO LOCK 🔐 THIS ONE DOWN RIGHT NOW 💥


CLICK HERE TO GET VETTED AND ACCESS THE FULL ADDRESS


Agents and Wholesalers Welcome! - Bring a buyer net of your fee and we will get you paid.


Agents must provide their PUBLIC AGENT ID.


Wholesalers must provide Driver's License and POF for Buyers.


$5k Earnest Money Deposit to Blueprint Title TX secures the deal along with the sales agreement.


Do you need a hard money loan to buy this property? Click Here to Get a Hard Money Loan

Please Read Carefully NOTE: We are not the owners nor real estate agents representing the seller, we are selling our equitable interest via an assignment of contract. The original buyer is selling an option or assigning an interest in a contract, for a fee, and does not have the legal title to the property.Buyer/Investor pays all normal closing costs including title policy. If buyer/Investor engages a Realtor, those commissions must be added to the sales price. Buyer must produce proof of funds with earnest money at contract signing. Buyer/Investor’s funds must be at title company 24 hours prior to closing (or put up $10k non-refundable earnest money). Buyer/Investor may not market this property for sale until after closing and funding. We are not brokers but principals through a purchase contract looking to assign equitable interest in the transaction. These postings do not give readers or their agent permission to enter the property, nor permission to approach occupants or owners of the home. This information is Confidential. All information on this site are estimates and should be verified independently. Move On House Buyers/BuyRealEstateDeals.com and all of its subsidiaries principles and/or agents, assume no liability for the accuracy of information in this site. In many instances we own the equitable interest on a contract for purchase of the property and market that interest for sale. We are not real estate agents practicing representation of sellers but principals in the transaction. RISK OF LOSS: Investing in real estate is risky and investors should consider potential losses and do their own due diligence before investing. The information contained on this site is provided “as-is” without representation or warranty of any kind, express or implied. All such representations and warranties are hereby disclaimed, including without limitation, the implied warranties of merchantability and fitness for a particular purpose. Move On House Buyers makes no representation or warranty as to the accuracy or completeness of such information. Please perform your own due diligence.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Johell Aponte

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Disposition manager