2 Bed Townhome | ARV $160K | Low Rehab | FCFS $97,500

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No items found.
Pending
Pending
Pending
2
beds
2
baths
1425
SQFT.
01 / 15
Location
Alief
House Type
Single Family House

Description

2
Bedrooms
2
Bathrooms
1978
Year Built
1425
Approx.SqFt.
1649
Lot size SqFt.
2
Car Garage

Strong Exit Potential with Light Builder-Grade Renovation This investment opportunity is a two-story townhouse featuring 2 bedrooms, 1.5 bathrooms, a flex loft space, and a 2-car attached garage. The property is structurally solid and very clean inside, requiring primarily builder-grade cosmetic updates to reach top market value.Comparable properties with the same layout that have not been renovated are selling for approximately $150,000 demonstrating strong buyer demand in the community. With a straightforward cosmetic rehab strategy, investors can position this property near the projected ARV of $160,000. LOW COMPETITION WITH CLEAR UPSIDEThe property is currently vacant, deep cleaned, re-keyed, and on lockbox with power on, allowing for easy access and quick project start.The HOA $240 monthly includes: patrol security, exterior building maintenance, lawn care, garbage service, recreational facilities, and common grounds.Suggested ARV is supported by recent community sales and strong demand for this layout which allows for:• Fast resale potential
• Limited renovation complexity
• Strong rental performance $1,650 monthly
• Multiple exit strategies

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Return Potential

Purchase price
$
97500
ARV
$
Spread
$
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