🔥 Hot Flip in Spring Branch! Huge Lot!

Harris County, Houston, TX, 77080
Sold
Listed at: August 24th, 2023
Price
$294,990
ARV
$500,000
Gross Margin
$205,010
Sq. Footage
2058
Type
Single-Family
Parking
Attached Garage
Year build
1977
Lot size
0.27 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Over $185,000 + Gross Profit!

—> HVAC Only 2 Years Old!

--> Not in Flood Zone

--> Located in Highly Sought-After Spring Branch!

--> High Ceilings!

Hammerly Boulevard, Houston, TX 77080

3 Bedrooms  | 2 Bathrooms | 2-Car Garage (Attached)

2,058 SF (Appraisal District)

Lot Size: 11,654 (Appraisal District)

Year Built: 1977 (Appraisal District)

Taxes: $5,894 or $491.17/ month (2022)

After-Renovation Value (ARV): $500,000 + (Link to Comps)

ARV Market Rent: $2,600/ Month

Estimated Repairs: $45,000 +

Cash Price: $294,990

Deposit: $7,000

On This Deal:

1) Cash or Hard Money Only 

2) Assignment or Double-Close

PROPERTY IS BEING SOLD AS-IS, WHERE IS, AND BUYER IS TO PAY ALL CLOSING COSTS. NO REPRESENTATIONS WRITTEN OR ORAL ARE MADE CONCERNING THE PROPERTIES ABOVE. PRICE BASED ON AND REQUIRES A CASH OR PRIVATE/ HARD MONEY OFFER AND IS NET TO SELLER. NO CONVENTIONAL OR FHA FINANCING IS ACCEPTED UNLESS OTHERWISE INDICATED. ALL OFFERS ON PROPERTIES REQUIRE A $3,000 OR HIGHER, NON-REFUNDABLE EARNEST DEPOSIT AND HAVE AN AVERAGE 7 DAY CLOSE OF ESCROW. BUYERS TO DO THEIR OWN INDEPENDENT DUE DILIGENCE. INTEGRITY PRIME, LLC, WHOLESALE PROPERTIES HOUSTON AND/ OR THE ASSOCIATED MEMBERS OR EMPLOYEES MAKE NO GUARANTEES CONCERNING PROPERTY CONDITION, VALUE, CHARACTERISTICS OR FINANCIAL BENEFITS. NOT AN APPRAISAL. OFFERED BY DOUBLE-CLOSE OR ASSIGNMENT OF CONTRACT. BUYER MUST COMPLETE ALL DUE DILIGENCE BEFORE SUBMITTING AN OFFER AND EXECUTING ANY CONTRACT. DUE TO THE NATURE OF OUR BUSINESS TERMINATION OPTIONS / OPTION PERIODS CANNOT BE ACCEPTED. WE MAY NOT HAVE TITLE TO THE PROPERTY AND MAY PLAN TO HAVE TITLE AT A FUTURE DATE. IF WE DO NOT HAVE TITLE, WE ARE MARKETING OUR EQUITABLE INTEREST IN THE PROPERTY. THE EQUITABLE INTEREST IS AN EXECUTED PURCHASE AGREEMENT TO PURCHASE THE PROPERTY. INTEGRITY PRIME, LLC, WHOLESALE PROPERTIES HOUSTON AND/ OR THE ASSOCIATED MEMBERS OR EMPLOYEES DO NOT REPRESENT YOU OR ANY OTHER PARTY OTHER THAN INTEGRITY PRIME, LLC OR WHOLESALE PROPERTIES HOUSTON IN THIS TRANSACTION. EQUAL OPPORTUNITY HOUSING. ONE OR MORE MEMBERS OR EMPLOYEES OF INTEGRITY PRIME, LLC AND/ OR WHOLESALE PROPERTIES HOUSTON ARE LICENSED REAL ESTATE AGENTS IN THE STATE OF TEXAS.
Documents
Videos

925 Hammerly Blvd. - Video Walkthrough

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

Fred Paskell

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