All Forum Posts by: Account Closed

A block away from Highland Park High School. Makes sense as a buy and hold as well as a great tear down opportunity. This area is appreciating fast. DON'T MISS OUT!

ARV: 900,000 (New Builds going for around 1.6-1.7M)

Rehab: 75,000 (if you buy and hold) 700K-750K for New Build)

Price: 715,000

Great investment property half a block from Highland Park High School with multiple strategies. Fully rehabbed properties are selling for close $900,000,

but with appreciation in the area, buy and hold may be your best bet. Rental rates up to $4,000 per month. Tear down and new builds are selling for 1.6

million and up. This would be a great strategy for the savvy investor that can get quality work done for less.

ARV: 900,000

Rehab: 75,000

Price: 715,000

Pros:
Highland Park ISD
Annual appreciation
Multiple strategies

Cons:
Backs to commercial

ARV:$260,000

Rehab:$46,000

Cost:$162,000

Pros:

• 2.99 acres in mansfield, off market
• Could do a new build on this, There are houses selling for a lot more.
• Rehab will cover everything if you are keeping this house on the property.

Potential Investor Concerns:

• COMPS
• ARV

Awesome neighborhood in Argyle! Denton ISD. House is already in good shape. Just needs some flooring, paint, granite and appliances. All the bathrooms of the comps are builder grade, so no need for fancy updates in the bathrooms. This is an easy rehab in a great neighborhood! 

ARV:295k
Cost: 228k
Rehab:20k

North. Just south of I-30

OFF MARKET property in Lockwood Estate. This property is well maintained and besides A/c needs just cosmetic updating. The houses in this area are selling for 191-243/sqft, our ARV puts us at 178/sqft. I have discounted us to account for the fact we are the biggest house in the neighborhood. This property also features nearly a half acre lot inside the 635 loop.

ARV: 355,000

Rehab: 42,000

Purchase: 247.500

This makes sense as a flip or rental depending on which way you want to go with the project. 

ARV: 395,000

Rehab: 60,000

Purchase: 264,000

Pros:

Off market, Strong Comps, Richardson ISD

Highly Desired Area for schools. Will not be available long.

This is a great OFF MARKET property in Lake Highlands that feeds to the Moss Farm Elementary School! Most houses in this subdivision sell within 5 DOM. Fully renovated comps are achieving $219-$227 sqft near or at our size.

ARV: 520,000

Rehab: 61,368

Purchase: 379,000

This location is HOT. Act fast!

This is a great rental play in hot mesquite. BRAND NEW HVAC system put into place. Hop on this one FAST.

ARV: 130,000

Purchase: 89,900

Rehab: 15,000 (cosmetic for rental)

OFF MARKET duplex in the heart of Grand Prairie right off Pioneer Parkway. Currently has great tenants and is renting well below market value. HUGE value add by increasing the rents 100-150/mo/side. At 700 a side, the cap rate goes up to 13.5% capitalization rate! One side has new HVAC and the property overall is in great shape. 

Purchase: 120,000

Rehab: 3,500