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Updated over 6 years ago,

User Stats

60
Posts
10
Votes
John Mazzolini
  • Realtor
  • McKinney, TX
10
Votes |
60
Posts

Lake Highlands, Richardson ISD high end flip opportunity!!!

John Mazzolini
  • Realtor
  • McKinney, TX
Posted

Great BUY-FiX-SALE Off-Market opportunity in Lake Highlands, Richardson ISD. This house is in a neighborhood that does not have many fully renovated or updated homes, but they are all very well kept. Large mature trees. Corner lot.
The most comparable house is the one on 9418 Faircrest Dr. which sold for $206sqft and it backed to power lines.
Updated homes in the area are selling north of $210sqft. I have the rehab breakdown and the best part is that this home needs no foundation work! All the major components like roof, HVAC and electrical have been recently updated.

Purchase price: 442k (includes closing costs)

Rehab estimate: 88k

BPO: 650k

Call me! 214-218-6156

Offering