Property Address: 

2714 Avenue L, Galveston, TX 77550

Front House: 960 sqft  

Back House: 858 sqft

ASKING PRICE: $219,000

Suggested ARV: $425,000 - $475,000

(depending on rehab quality)

- Front House $275,000

- Back house $200,000

COMPS

Our approach for determining ARV was to look at houses built within same year of our two houses, rehabbed, pier and beam. All comps within a block and all south of Broadway like our property.

SOLD/PENDING COMPS

1311 32nd Street, Galveston, Texas 77550: SOLD for $220,000 @$381/sqft, 576 sqft

1112 28th, Galveston, Texas 77550: SOLD for $225,000 @ $251.68/sqft, 894 sqft

1109 31st Street, Galveston, Texas 77550: PENDING for $299,000 @ $361/sqft, 826sqft

ACCESS:

Please reach out for access

OTHER DETAILS: 

Check out this smoking hot deal in a hot pocket of Galveston on the other side of the street from the MOODY MANSION!! South of Broadway, and great comps give this a feeling of certain value. The property is platted under one address but can be split into 2 houses and 2 different addresses. Front house is 960 sqft, and back house is 858 sqft

Property would make for a great Airbnb and is less than a mile from the seawall, about a 15 min walk and 3 minute car ride.

PROPERTY CONDITION: 

HVAC: No central heat and air

Roof: 5-6 years ago both were replaced

Foundation: needs evaluation

Major Components: water heaters functional on both

Interior needs a full cosmetic rehab, approximately $50,000-$60,000 per property

CALL/TEXT/EMAIL:

1.Carlos: 832-764-6064

cperalta@loveterrahomes.com

$3,000 NON-Refundable Earnest money locks the deal. Buyer pays all closing cost. If I can not provide clear title earnest money is refunded. 

PLEASE DO YOUR OWN DUE DILIGENCE. INFORMATION IN THIS EMAIL COULD BE INCORRECT. WE ADVISE ALL BUYERS TO VERIFY INFORMATION INDEPENDENTLY.

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Disclaimer: Terra Home Solutions, LLC and/or its partners are providing you access to this investment opportunity, The property featured is currently under contract with the owner of record, therefore giving Terra Home Solutions, LLC an equitable interest in the property. Terra Home Solutions, LLC may assign its contractual rights. Terra Home Solutions, LLC is not selling the property nor acting as an agent of the seller. PLEASE NOTE THAT THIS IS BEING SENT TO YOU FOR MARKETING PURPOSES ONLY. Any agreement to the terms of this offering will be evidenced by a contract assignment. The above price includes an already agreed upon purchase price plus a fee to assign equitable interest. You may unsubscribe if you no longer wish to receive our emails.