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Updated about 7 years ago,

User Stats

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

***DALLAS FLIP OR RENTAL DEAL IN LINDA HEIGHTS NEAR GARLAND***

John Preston
  • Realtor
  • Dallas, TX
Posted

This is a 5/3.5 brick house on an oversized lot with a pool in Linda Heights. Most comps around here are in the 17-1800 sqft. range, but even those are going for $230-240K without a pool or oversized lot! Tax roles give $12,500 value to the pool and $39,200 to the land, and at $88/sqft (vs. $120-133/sqft for the comps), I think this is more than a fair valuation. Plenty of value here, and the rehab budget should cure what ails you for sure! Houses in this and the surrounding subdivisions are getting record prices, and show no signs of slowing down. Contact me for more information. 214-997-0444

Price: $151,000

Rehab: $75,000

ARV: $280,000

Rent: $1600+/mo (Rehab for rent could be closer to $35k)

Offering