North Texas Spec Builds Complete

[Tyler H.]

Investment Info:

Single-family residence other investment in Ennis.

Sale price: $229,900

New Construction builds finished in Ennis, TX. Properties are located right next to each other. End product turned out great, with amazing upgrades, including oversized garages, quartz counters, custom cabinetry, designer tile showers.
1 under Contract, 1 on market!

What made you interested in investing in this type of deal?

Continuing to build over the next few years.

How did you find this deal and how did you negotiate it?

Fellow real estate agent connections

How did you finance this deal?

Small community bank

How did you add value to the deal?

General Contractor, Listing Agent, Partner

What was the outcome?

End product was amazing, will profit from deal, plus provide amazing value to end buyer.

Lessons learned? Challenges?

Estimating all costs for new floor plan and elevation is not easy. There are always unexpected delays.