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Updated over 9 years ago,

User Stats

13
Posts
2
Votes
Shawn Duncan
  • Wholesaler
  • Austin, TX
2
Votes |
13
Posts

Home in Austin Texas 78702 (Chestnut District)

Shawn Duncan
  • Wholesaler
  • Austin, TX
Posted

Property located at 1306 Cedar Ave: Asking price 255k: The best way to add margin over 250k is to scrape and build a 1550 sqft front structure and an 850 sqft back structure with alley access. Selling them off individually 

ARV on 1550sqft = 462,000

ARV on 850sqft = 302,000

ARV: 762,000

Build: 288,000

Lot: 250,000

Net Profit: 219,000

Offering

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