Great fixer upper opportunity, motivated seller.
Listing Price: $84,900
Nearby Recent Sales: $110,000 to $120,000
Good Location – nice and quiet street, convenient – close to schools and shopping areas, not far from Plano & Richardson employment centers.
Rent: Estimated Range: $1,300 to $1,375 per month
Things that need to be repaired:
1. Roof looks problematic
2. Some foundation problems
3. Carpet Change
4. Kitchen needs an update
5. Painting
6. 2 Nice bathrooms – but it will be good to redesign and add a new shower area in the master bathroom.
7. Some sidings need to be repaired.
We estimate the repair cost will be around $15,000 – roof and foundation will be the most expensive items.
A good strategy will be try to buy this home around $60,000 range – if you can have everything done within $90,000 to $95,000, there is a very good margin between the ARV and actual cost.
Thomas Su
Realtor
Keller Williams Realty
18383 Preston Rd. Ste 150
Dallas, TX 75252, USA
Email: rwp1688@gmail.com
(469) 347 1839
| Category: | Residential | Type: | RES-Single Family | Orig LP: | $89,000 | ||||||||||||||||||||||||||||||||
| Area: | 24/1 | Also for Lease: | N | Lst $ / SqFt: | $60.38 | ||||||||||||||||||||||||||||||||
| Subdv: | Two Worlds Apollo 01 | Lease MLS#: | |||||||||||||||||||||||||||||||||||
| County: | Dallas | Lake Name: | |||||||||||||||||||||||||||||||||||
| Parcel ID: | 26613500120160000 | Plan Dvlpmnt: | |||||||||||||||||||||||||||||||||||
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Legal: | TWO WORLDS APOLLO 1 BLK 12 LOT | |||||||||||||||||||||||||||||||||||
| Multi Prcl: | No | MUD Dst:No | Unexempt Taxes: | $2,465 | |||||||||||||||||||||||||||||||||
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| SqFt: | 1,406 / Tax | Appraiser Name: | Hdcp Am: | No | |||||||||||||||||||||||||||||||||
| # Gar Spaces: | 2 | Cvrd Park: | 0 | ||||||||||||||||||||||||||||||||||
| # Carprt Spcs: | 0 | Garage Size: | 21 x 22 | Yr Built: | 1979 / Preowned | ||||||||||||||||||||||||||||||||
| Acres: | 0.056 | Lot Dimen: | Will Subdiv: | No | |||||||||||||||||||||||||||||||||
| HOA: | Mandatory | HOA Dues: | / Monthly | ||||||||||||||||||||||||||||||||||
