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Updated about 11 years ago,
Near Love Field Tear Down Opportunity Dallas Texas
This property has couple of options in a great area of Dallas near Love Field airport.
Investor Cost: $160,000 (Cash or Hard Money only)
New Builds in the area are selling between $625,000- $930,000.
Giving $100/sqft to build a new house will leave a health profit margin for 4,000+sqft house. Average price per foot for new builds in the area is $173. This will put a the ARV at $692,000.
Option 2 Adding square footage with a full remodel.
Rehab: $150,000 Including adding 1000 sq ft. Really nice remodels are selling around $229/sqft-$250/sqft. With adding 100 sqft will put the ARV at $576,000
For more information call Stephen Salerno 214 793 1246
Licensed Real Estate Agent #624451
NetWorth Realty of Dallas/Fort Worth# 587060