Investment property..Fix & Flip or Buy & Hold, Hot Rental Market

[Lisa Edwards]

This 3-bedroom, 2 full baths and attached 2 car garage is the perfect rental. Open concept kitchen/dining/living area. Large mater suite with full bath and 3 closets. Large 2 car garage and work space with laundry room and extra-large storage area(room). This could be easily converted to home office. Roof is less than 1-year old, newer vinyl siding.

House sits on corner lot in quiet neighborhood.

ARV 82K.

Cosmetic rehab  10-15K - floors and interior paint

Asking 45K

Rents from $850-950/mo

Cash or hard money. plenty of 'meat on the bone' for fix & flip or owner finance.

Property offered as contract assignment. Call 361-695-1943 for more info

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Bishop is a secondary maket of Corpus Christi with a population of app. 4,000 in Nueces county, TX. Nueces County has over 350,000 in population. Median home prices in Bishop are 70-80K with rents from $650-1,100. Rental properties are in high demand. Celanese - Bishop facility is just up the road. Celanese began a methanol unit with an expected annual capacity of 1.3 million tons at the company’s Bishop facility. . The methanol unit would utilize abundant, low-cost natural gas in the U.S. Gulf Coast region as a feedstock and would benefit from the existing infrastructure at the site.

Kingsville, in Kleberg county is less than 10 miles down the road. Kingsville is home to Naval Air Station with Jet aviation training and Texas A& M University and King Ranch - a 146,000 acres legacy ranch