🔥(Cleburne, TX) Great Oppurtunity for ⚒️Fix and Flip⚒️ on 3 Bed 2 Bath BRICK Home💰

Johnson County, Cleburne, TX, 76033
Sold
Listed at: August 15th, 2023
Price
$104,500
ARV
$225,000
Gross Margin
$120,500
Sq. Footage
1280
Type
Single-Family
Parking
Attached Garage
Year build
1950
Lot size
0.31 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

PROPERTY DETAILS


-electrical may have some shorts & may need brought up to code but nothing major

- plumbing is good

-fairly new roof, great condition. The previous roof caused damage to the ceiling. When roof was replaced

-carpet/flooring need replaced

on pier & beam, foundation does have some settling & needs some repairs, cracks on the exterior of the brick but does not appear to be major

- cosmetics all needs to be updated, all outdated

-2 car garage

-Needs HVAC system

-windows are original single pane

- water heater works good

- metal shed in back


Property is vacant with a lockbox. Reach out if you would like to visit.

Contracted closing date is 9/11/2023 however can close ASAP.

$5,000 EMD to Capital Title in Plano, TX


Price per sq ft in the neighborhood ranges from $157.5-$208 on remodeled houses depending on finish out and style home. Comps attached in pictures



RENTAL REPORT (ATTACHED IN DOCUMENT SECTION)


AVERAGE RENT: $1,844

MEDIAN RENT: $1,864

25TH PERCENTILE: $1,622

75TH PERCENTILE: $2,066


Results based on 28, 3-bedroom, 1 1/2 bath rentals seen within 12 months in a .75 mile radius

. Request full rental report if you would like to see in detail.


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

Tanner Foy

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Disposition manager