😁MINERAL WELLS VALUE ADD OPPURTUNITY IN BEST NEIGHBORHOOD. 3 BED 2 BATH🔥

Palo Pinto County, Mineral Wells, TX, 76067
Sold
Listed at: May 26th, 2023
Price
$115,000
ARV
$220,000
Gross Margin
$105,000
Sq. Footage
1334
Type
Single-Family
Parking
Garage
Year build
1969
Lot size
9365.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

DESCRIPTION


Discover the untapped potential of this off-market gem in a sought-after neighborhood, just an hour away from Fort Worth. With cosmetic updates required, this 3-bedroom, 2-bathroom property is ideal for resale or rental purposes. Take advantage of the area's appreciating value and seize the opportunity to transform this house into a lucrative investment. Don't miss out! Schedule a viewing today!


PROPERTY DETAILS


converted garage into living space

needs new roof

has plumbing issues

does have CHA but does not work, only the heat does

electrical is good & up to code

No signs of foundation issues


windows are original

All cosmetic needs updating.



Access Needs to be Scheduled with me

Contracted closing date is 6/19/2023

Tenant Occupied however will be delivered Vacant.


🔥Check out rental report in documents section🔥


🌟ALL SOLD COMPS FROM PAST 6 MONTHS🌟


3/2 ARV SOLD COMPS:


1909 10th St, Mineral Wells, TX 76067

3/2 1682 sq ft Last Listed at $249,900

REDFIN LINK


2203 SE 9th St, Mineral Wells, TX 76067

3/2 1423 sq ft Last Listed at $220,000

REDFIN LINK


1701 Lamar st, Mineral Wells, TX 76067

3/2 1461 sq ft Last Listed at $227,500

REDFIN LINK


1601 SE 24th St, Mineral Wells, TX 76067

3/2 1230 sq ft Last Listed at $215,000

REDFIN LINK




RENTAL REPORT (ATTACHED IN DOCUMENT SECTION)


AVERAGE RENT: $1,595

MEDIAN RENT: $1,648

25TH PERCENTILE: $1,463

75TH PERCENTILE: $1,727


Results based on 8, 3-bedroom, 1 1/2 bath rentals seen within 12 months in a 3 mile radius

. ADDRESSES WITH RENT AMOUNTS ATTACHED BELOW⬇️


Foy's Management Group, LLC has an equitable interest in this property and does not claim to be the owner. We do NOT represent you as your real estate agents in any capacity whatsoever unless agreed upon by all parties in writing. Always perform perform your own due diligence before signing a contract to purchase. All properties are offered as first come, first serve, to whomever decides to sign an agreement to purchase or assignment and deposits earnest deposit listed above at full asking price.
Documents
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Tanner Foy

No reviews

Disposition manager