3 Bedroom 2 Bathroom House Located In The Heart of The East Texas Petroleum Region

Gregg County, Kilgore, TX, 75662
Sold
Listed at: June 6th, 2023
Price
$160,000
ARV
$220,000
Gross Margin
$60,000
Sq. Footage
1475
Type
Single-Family
Parking
Carport
Year build
1969
Lot size
0.34 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Brick 3/2 in a quiet established neighborhood on the east side.  Less than 30 minutes to Longview and Tyler, near Dallas and Shreveport.  Home of “The World’s Richest Acre”, Kilgore College, and several regional museums. Property was renovated in 2021 with new bathrooms, kitchen, granite countertops, appliances, cabinets, lighting, plumbing fixtures, flooring, interior and exterior doors, interior and exterior paint, and HVAC.  Roof installation problem on the rear of the house caused damage.  Roof was removed, as was the ceiling and insulation in the affected areas.  

Repairs needed;  New Mueller metal roof materials trim and accessories delivered and onsite, with receipt and bill of lading.  Roofing needs to be installed.  Ceiling drywall.  Attic insulation.  Cabinets reinstalled in the kitchen.  LVP flooring in the living room.  Master bathroom was configured for the previous owner, will need to be reconfigured. 

ARV = $220000

INVESTOR PRICING = $160000

Market Rent = $1975

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Carlos Loaisiga

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