Flip or Rental Property! Seagoville, Texas

[Leo Lanza]

Address: E Stark Rd, Seagoville, Texas 75159

NPO: $155,000

REHAB: $23,500 for a flip. $10,000 or less for a rental. House is clean.

Cost: $102,000

Down payment: $5,000

Call Leo 817-783-4014

Description: Solid rental or small flip. House is very clean and practically rent ready. Rental rates from $1,175-1,250. For a flip the comps were scarce, two were mostly original with minor updates and sold in the mid $130's range, one was completely updated and sold for $155,000 (which I believe is achievable with a nice finish out) Also this property is 100+ sq ft smaller than us. Original hardwood floors throughout can be sanded and stained to like new condition. Minor foundation issues (will have bid shortly). The roof is questionable (budgeted for a new one). There is Central heat, but no central air (budgeted to add as well). Can easily make it into a full 3/2.