Flip or Rental Property! Dallas, Texas

[Leo Lanza]

Address: Worth St, Dallas, Texas 75214

NPO: $355,000

REHAB: $43,065.50

Cost: $243,000

Down payment: $5,000

Call Leo 817-783-4014

Description: Off Market buys/fix/sell opportunity in the heart of Junius Heights! This is part of the historic preservation district with great tax incentive program for rehabilitating historic structures (paperwork and literature available upon request). Home has been well kept and maintained. Rehab will include new paint, update the bathroom, update kitchen, refinish & install wood floors, foundation work (getting bid), landscaping, open up a wall, and more. You could sell it at the current square footage at $350k-$360k with around $45k in work. The comp on 5300 Worth, which is smaller than us and has one less bathroom, sold for $357,601. Another option would be to add on approx 700sqft and build a master suite to make this a 2000sqft, 4bed/2bath. Comps show you could get $490k-$500k. Even at this price point homes are still selling under 30 days. Remodeled homes are selling fast in this highly desirable area! Close to Lakewood, Greenville, White Rock Lake, and more.