Fix&Flip or Buy&Hold – Austin, 78753 Sold

  • $198,000.00
  • 3 beds
  • 2 baths
  • 1750 sqft

Fix&Flip or Buy&Hold – Austin, 78753

Located on a large 12000sf lot in a great neighborhood, this 3-bed 2-bath includes 1750 sf is a prime flip or rental opportunity. The property also includes an 1100sf unpermitted garage conversion (2/1) and swimming pool. The main house is leased through Sept. 2018 ($1850/mth) but the tenants have agreed to break the lease for a small incentive. This is a co-wholesale deal and closing must occur by Dec. 31.

Numbers:

  • Offer Price: $198k
  • ARV: $330k+
  • Repairs: $55k
  • Rents: $2000/mth

Highlights:

  • Metal roof, no reported foundation issues
  • Scope of repair includes a cosmetic update to the main home ($35k), removal of the swimming pool ($15k), and converting the 2/1 suite back to a 2-car garage ($5k)

Please let us know if you or someone you know might be interested. Email, call or text us at 512-535-5554. 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:
$198,000.00
Address:
11639 River Oaks Trl
Austin, TX 78753
Square Feet:
1750
Lot Size:
12813 sqft
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1973

Call 512-535-5554 for more details

Property Location