Cherry Creek Fix&Flip – Austin, 78745 Pending

  • $295,000.00
  • 3 beds
  • 2 baths
  • 1505 sqft

Cherry Creek Fix&Flip – Austin, 78745

Located in the Cherry Creek Subdivision, this 1,505 sqft 3 bed, 2 bath home, with attached 2 car garage has a lot of potential with excellent comps in the neighborhood. The property received several interior updates 3 years ago and overall is in good condition. The home needs a good interior/exterior clean and some cosmetic updates/repairs. Closing set for end of January.

Numbers:

  • Offer Price: $295k
  • ARV: $410K+ (approx. $275/sf+)
  • Repairs: $37k ($30/ft)

Highlights:

  • Updates within last 3 years – kitchen cabinets, granite countertops, backsplash, S/S appliances, tile floor, main bath vanity and tub surround
  • Remainder of the home needs cosmetic updating – flooring, paint, fixtures, remove popcorn ceiling, master bath
  • Roof 5 years old per seller, although there are visual signs of shingle, plywood and fascia repair required
  • Water heater was replaced last year
  • Foundation – there is evidence that house may have shifted in a couple places.
  • Original exterior AC unit
  • Owner Occupied

Click Here for the Investor Packet including detailed financials, comps, pictures, and more.

  • $5,000 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
  • Buyers responsibility to do their own due diligence and verify all information
Price:
$295,000.00
Address:
6206 Cannes Circle
Austin, TX 78745
Square Feet:
1505
Lot Size:
7,034 sqft
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1977

Call 512-535-5554 for more details

Property Location