Great Opportunity for a Fix and Flip or Long-Term Rental!

One-Story Home with Endless Potential!This spacious 3-bedroom, 2-bath home features a large open-concept kitchen to living area. Enjoy the bonus of a formal living room for added flexibility. Conveniently located just minutes from downtown, this property offers both comfort and convenience. Once the home has beebn rehabbed, it will be an ideal starter home or a fantastic long-term investment opportunity. Don’t miss out—schedule your showing today!

Property Details: 3 bed / 2 bath, 2 Car Garage 1730 home sqft

1956 year build 9,380 Sqft lot

• HVAC: central - needs replacing
• Electrical: Needs new plugs and switches
• Plumbing: galvanized - needs repair
• Foundation: Repair needed
• Roof: Age unknown

 Key Highlights:

 Strategically Located: Close to South Main Estates Park and convenient access to Beltway 8, Hwy 90, and Fort Bend Pkwy Toll Rd. No HOA or MUD tax!

 Exceptional Deal: This house is being offered at an exceptional price. This will allow a new homeowner or an investor plenty of equity to be able to spend what is needed to repair this home and still have plenty of equity. This home would be a great rental or can be rehabbed to be a nice home for someone to live in. 

  Estimated ARV: Anticipate an attractive After Repair Value (ARV) between $250,000 to $255,000, positioning you for outstanding returns on your investment.

EST Repairs: $70,000-$75,000

Buyer Guidelines for Purchasing: -$5K EMD - non-negotiable.

-Buyer pays all closing costs.

-Transaction Coordination Fee Not to Exceed $650.

-Site unseen offers welcomed, considered, and accepted.

-Up-to-date Proof Of funds required

-If showing appointments are available, the highest and best offers are taken after the final showing appointment.

Disclaimer:

Buyers do their own due diligence -Seller of this property either owns or has equitable contractual interest in the properties marketed -We do not authorize any other person to company to market this contract without our consent - Seller has exclusively relied upon the information listed within the MLS, County Assessor’s office, and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. -Buyer acknowledges and accepts that seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. -Buyer expressly acknowledges that it is purchasing the property in "as is, where is" condition. The information is provided as a courtesy - RISK OF LOSS: Investing in real estate is risky, and investors should consider the potential for loss before investing in this property.