Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago,

User Stats

99
Posts
7
Votes
Stephen Salerno
  • Addison, TX
7
Votes |
99
Posts

Near Love Field Tear Down Opportunity Dallas Texas

Stephen Salerno
  • Addison, TX
Posted

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