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Updated over 10 years ago on .

User Stats

154
Posts
61
Votes
Baltazar Camacho
  • Full Time Investor
  • Austin, TX
61
Votes |
154
Posts

Wholesale Deal South Austin 78748

Baltazar Camacho
  • Full Time Investor
  • Austin, TX
Posted

New Wholesale Deal NOT ON MLS : 8203 Alcorn , Only Looking for Cash Buyers closing August 26th.

Price: $145,000
House Size: 1,546 Sq. Feet
Price/ft : $93.79

ARV is up to you to comp out, but next door Neighbor's house 8201 Alcorn sold for 179.72/ft. 3 weeks ago on 7/23/14 in 3 days on the market.

Last Cash Sale/Foreclosure with in a quarter mile 654 Mairo St. sold for $100.06ft also 7/23/14 3 weeks ago. ($152,000 and it's very similar square footage to this one)

* Notes : Garage Door fell off racks is completely off and water heater is broken. Eviction was just completed so there is a lot of junk in the front yard and some trash in the house. This makes the house easy to spot when you come see it : ) . House looks structurally sound.

If you want to see it shoot me a text 512-784-4926 or email at [email protected]. I can show the house today from 5-6pm or by appointment, but text me before heading over and I will come by no lockbox at house. If I still have it I can show it anytime tomorrow.  First come first serve.

I don't think this will fit Hard Money Rules but definitely a nice buy and hold with some equity. My estimate of rents are in $1,300-$1,500 range. But have your realtor run comps for you and see if it's something you'd like.