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Archived about 2 years ago

$85,000

3 bd 2 ba 1820 sqft

811 County Road 129, Liberty, TX 77575

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$1,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

3/2 Beautiful 1.85 Acre Lot Liberty, TX

This is an assignment of Contract.

3 bed 2 bath
1820 sq. ft.
1.85 Acres
Built in 1945
Is on Septic.
Has a water well.
Will need new AC.
We have closing set for January 9th. RV’s, Shed should be gone by closing.

This one needs some work. Does need some leveling. Lot is very nice. Home itself is in Zone X out of Flood Area but back of lot is Zone A (picture of flood zones attached showing home in X). There’s a creek that runs along back of property. Owner says it has not flooded.

Pictures:
https://www.dropbox.com/sh/6wjhhix168vncu0/AABKIKsAUOhXuATpcmOZNaqBa?dl=0
(the first few pictures that shows a clean house are from when they were renting it out. It does not look like that now.)

If any questions let me know.

Thanks,

Jared Clark
832-877-6517

Location:

811 County Road 129, Liberty, TX 77575

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.