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Updated about 7 years ago,
Vickery Place Flip Deal (Dallas)
Vickery Place craftsman--this is currently a 3/1 1576 sqft craftsman--it's in great shape and is one of the last houses on the street not to be completely rehabbed. The plan is to bump it up to a 4/2/2 2500 sqft 1.5 story house. A similar property in the area just sold for $745k The foundation isn't very bad at all for a house of this age, the frontage looks good, and it has a recently poured driveway and carport for a two car garage to go on. Rehab will be every bit of $150K (I have a verbal from a GC and am awaiting the full itemized bid), but the return for cash or hard money is VERY solid--and it will hit the market right at the perfect time of year!
Price: $419k
Rehab: $150k
Worth: $735k (After Rehab)
If you are interested in this property please send me a text or give me a call 8174220922 Thank You.