Calling all investors! This exceptional property presents a golden opportunity. Take advantage of this off-market gem, tucked away in the Brookglen Sec 01 R/P subdivision. The hidden potential of this property is bound to excite investors. With a verifiable after-repair value (ARV) estimated at $290,000, this deal promises substantial returns on your investment. The cash flow possibilities are equally enticing, with a potential rent rate of $2,200 per month, ensuring a steady income stream.

Property Configuration:

Subdivision: Brookglen Sec 01 R/P

Bedrooms: 4 (with an option to convert family room into 5th)

Bathrooms: 2

SF: 2,357 SF

Lot: 8,510 SF Lot

Year Built: 1969

ARV: $290,000

Rent Rate: $2,200

Comparables:

1. 505 Valley Brook Drive, La Porte, TX 77571, $134.92/SF
2. 9910 Shell Rock Road, La Porte, TX 77571, $149.67/SF
3. 3802 Maplewood Drive, La Porte, TX 77571, $172,40/SF
4. 9902 Wren Street, La Porte, TX 77571, $130.64/SF
5. 9905 Sparrow Street, La Porte, TX 77571, $149.94/SF

Disclaimer:

The properties listed are being offered only for cash purchases or through private/hard money lenders. There is no option for conventional or FHA financing unless it's specifically mentioned for a particular property. The sale being offered is not a direct property sale; instead, it's an assignment of our purchase agreement with the property's original seller. In these transactions, I am acting as the assignor of the contract, not as a real estate agent. Before making an offer or signing any contract, it's essential for potential buyers to conduct their own thorough research and assessment of the property.

All properties are sold on an as-is, where-is basis, and all inspections must be concluded before the contract's execution by the buyer. Any offer placed on the properties necessitates a non-refundable earnest money deposit of at least $5,000. The closing of these deals involves assigning our contract with the seller to the end buyer, with the buyer shouldering all closing costs.

No representations, either written or oral, are made concerning the properties. Any estimates given regarding rehab costs, rent, ARV, taxes, insurance, and closing costs are approximations, and the actual costs or values may differ. I am not a licensed contractor or appraiser, and these estimates are not to be interpreted as professional appraisals.

Please note that I may not currently hold the title to these properties. If I don't hold the title, I am advertising the sale of my equitable interest in the property, which is represented by an executed purchase agreement to purchase the property. This disclaimer is provided by Great Rock Home Buyers and/or the associated members or employees, who do not represent any party other than Great Rock Home Buyers in these transactions. Some members or employees of Great Rock Home Buyers may be licensed real estate agents in the state of Texas.

These transactions comply with equal opportunity housing principles. Due to the nature of our business, termination options or option periods cannot be accepted. Buyers are advised to inspect the properties before making any decisions and are responsible for all closing costs, including those for the seller.