🔥✨100K Gross Spread🏚Corpus Christi | Great Returns Inside Must See ✨🔥

Nueces County, Corpus Christi, TX, 78411
Sold
Listed at: September 12th, 2023
Price
$130,000
ARV
$230,000
Gross Margin
$100,000
Sq. Footage
1491
Type
Single-Family
Parking
Detached Garage
Year build
1960
Lot size
0.20 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

REHAB DESCRIPTION: Great potential for fix and flip or a cash-flowing rental property. This property is an amazing deal and won't last long. The numbers are wide enough for a flip, but you can also make this a fantastic rental property to add to your portfolio. Convenient location with easy access to local amenities.

  • Potential ARV Opinion: 210-230K depending on the scope of work
  • Estimated Rehab: Moderate; 40-52K depending on scope of work
  • Comps - MLS Comps & Rentometer Attached
  • EMD: 5k
  • Close Of Escrow: 9/26/2023

INTERIOR FEATURES

  • Bedroom: 3
  • Bathroom: 2
  • House Size: 1,491 SQ.FT
  • Lot Size: 0.204 Acre / 8,886 SQ.FT
  • Year built: 1960
  • Occupancy: Vacant with a lockbox (Secured post squatters)
  • Plumbing: No evidence of issues (Water currently functional)
  • Electrical: No burns or evidence of issues; currently off due to previous squatters at the home.
  • Vandalism to walls, floors, doors, and windows

HEATING & COOLING

  • Heating System: Central Heat (Electric)
  • Cooling System: Central Air (Electric)
  • Central AC needs wiring repairs

EXTERIOR FEATURE

  • Roof: Composition Shingles - Good Condition
  • Foundation: Slab - Good Condition
  • Brick Veneer Construction
  • Wood Fencing
  • Detached Garage
  • Covered Patio
  • Home type: Single Family
  • Corner Lot

PARKING & GARAGE INFORMATION

  • 2 car Detached Garage

NEIGHBORHOOD DETAILS

Centrally Located

No HOA

Comps

  • Sold- 3608 Mulberry St; 185,000 (3/2)
  • Sold- 3646 Lee St; 199,900 (3/2)
  • Sold - 949 Delaine Dr; 241,000 (3/2)

Shopping & Schools

  • La Palmera
  • Portairs Shopping Center
  • Wilson Elementary School
  • Hamlin Middle School

Title Is Open: Close Date: September 26, 2023

*Agents please add commission on top of the asking price.

**Click Here for the ACF Buying Process Guide**

FOR MORE DETAILS PLEASE CONTACT ANTIONE ASAP AT (512) 706-9350


NEXT STEP!? DETAILS: Click the WIN IT NOW button and SKIP TO THE FRONT OF THE LINE, UPLOAD YOUR POF, LOCK IT UP! CALL/TEXT (512) 706-9350, or CLICK PROPERTY INQUIRY FOR MORE INFO!! Not what you looking for? Check out our deal site for all our current inventory or email sales@acfbuyshomes.com with the criteria of what you are looking for and our team will use our network and resources to find the right property for you.

DISCLAIMER: All properties are sold as-is, where is. Seller/Assignor makes no warranties. Buyers will need to provide a $5,000 non-refundable deposit at the time of the contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing is an assignment of our contract with the seller to the end buyer. All inspections must be completed prior to the buyer signing the contract. Buyer must complete all due diligence before submitting an offer and executing any contract. A purchase and sale agreement with a memorandum has been signed with the Seller giving ACF Group the exclusive right to purchase this property. We are NOT real estate agents, do not represent the seller, and do not represent ourselves as such. Buyer is to pay a $595 closing fee for transaction coordination.

DO NOT CONTACT THE OWNER/SELLER without our explicit consent. We do not give the right to market this property without our written consent.

Videos

Walk thru video

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

Antione Fernandes

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Disposition manager