HOT 78745 – Fix and Flip / Long-term Buy and Hold Pending

  • $290,000.00
  • 3 beds
  • 2 baths
  • 1144 sqft

Located in 78745, this 1,144 sqft 3 bed, 2 bath home is in good condition and need of a cosmetic update. Littered with recent 3 bed, 1 bath sales that have sold between $360-$379/ft, this 3/2 will be very attractive on the market. The property is being sold by an investor who wishes to utilize his 1031 for a commercial project. The property is currently rented for $1700/mo to tenants that have been there for 2 yrs and are under a current lease that expires in August 2019. The tenants are aware of the situation and seller is to give notice and pay the early termination penalty if needed.

Numbers:

  • Price: $290K
  • ARV: $380K+
  • Repairs: +/- $30K
  • Rents: $1700-2000/mth

Highlights:

  • Location, location, location
  • Great home, in good condition, dated, in need of cosmetic update
  • Foundation appears to be good
  • Roof in good shape
  • HVAC is working and has been serviced regularly
  • Possible long term rental in high appreciating area

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:
$290,000.00
Address:
4805 Enchanted Ln
Austin, TX 78745
Square Feet:
1144
Lot Size:
7,806 sqft
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1960

Call 512-535-5554 for more details

Property Location