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Updated over 7 years ago,

User Stats

612
Posts
15
Votes
John Preston
  • Realtor
  • Dallas, TX
15
Votes |
612
Posts

Buy & Hold Investment Property in Frisco!!

John Preston
  • Realtor
  • Dallas, TX
Posted

Investor's choice on this deal but I firmly believe the best approach is to fully renovate with everything in the rehab breakdown to make this a very nice rental property that is ready to perform for the next 5 - 10 years. Get top end rent and keep a quality tenant. The forecast for Frisco appreciation and redevelopment in this area is very strong. Should be continued increase in scrape and new builds within this area and property is situated nicely on a corner lot. Pretty rare for a 3/2/2 brick in this area to be available under $200K so great opportunity to add to or start a strong rental portfolio in a great area. Contact me with serious inquiries only.

ARV - $250,000

Rehab - $26,000

Price to Purchase - $199,500

Rental Rate - $1,700/mo

Offering