Off-Market -Fast Fix & Flip/Keep for Buy & Hold – $117k ask For Sale
- 2 beds
- 2 baths
- 1,533 sqft
- Buy & hold the property with rents at $1,475 / month. 9.62% Cap rate with only $4,505 in cash left in after re-fi. Median lease price is $0.97 / sf with 22 median DOM.
- Fix & flip with an ARV of $159,000. With the hard money, this returns a quick flip with $21k+ in profit. Median $120.72 / sf with median DOM 4. This home is USDA 0% Down Loan eligible to your buyers – Learn more https://www.rd.usda.gov/programs-services/single-family-housing-direct-home-loans
- Ask price is $117k
- $4,200 Non-Refundable Deposit & signed agreement to secure contract
- Properties are sold on a ‘first come, first serve’ basis
- Buyer pays standard closing costs incl. title and a new survey, if required
- 14904 Bern Dr
Del Valle, TX 78617
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• The home sits on a .33 acre lot, has 1,533 sf, 2/2 with a large living area, and is in very good condition with minimal repairs needed.
• Has a hardwood floor throughout the living area and carpet in the bedrooms.
• No seen foundation issues. The exterior is brick and seller recently had Sears install new siding with a warranty.
• In addition, the property has 3 large workshops. One has a slab foundation and could be converted to the efficiency with 320 sf. All this and close to Hwy 71 with easy access to Austin, ABIA, the toll road, Austin 360 Amphitheater, and the F-1 Racetrack
Call 512-456-9142 for more details