Abilene Cashflow Condo (Turnkey Rental)

Taylor County, Abilene, TX, 79603
Sold
Listed at: June 13th, 2023
Price
$57,500
ARV
$80,000
Gross Margin
$22,500
Sq. Footage
1280
Type
Townhouse
Parking
Carport
Year build
1964
Lot size
2750.00 sqft
Bedrooms
3
Bathrooms
1.5
Half Bathrooms
0
Summary

Looking for outstanding CoC return? This is a major cashflow opportunity in Abilene, Texas.

Purchase price: $57,500 ($44.92/sqft)

Potential rent income: $1,360/month (HUD)

HOA: $100/month (takes care of everything exterior on the home)

Work needed: Wall paper removed from one wall in living room; repaint that wall (possibly an accent wall!)

Purchase with cash, hard money, or conventional loan.

JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSE OF MARKETING THIS HOME. LEGAL ACTION WILL BE TAKEN AGAINST ANYONE WHO CONTACTS THE SELLER DIRECTLY. JOE HOMEBUYER OF WEST TEXAS HAS AN EXCLUSIVE CONTRACT DIRECT WITH THE SELLER AND ESCROW HAS BEEN OPENED.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brett Stewart

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Disposition manager