This home features 3 beds, 2 baths on a nice size lot in NW Fort Worth. This home has nice curb appeal but needs an interior cosmetic update and light landscaping in the backyard for this home to be great. One bathroom is completely remodeled, HVAC/Hot Water Heater/Roof have already been replaced. This home will go fast so contact us asap.
ARV: $175,000
Sales Price: $115,500
Equity: $59,500
Legal Description: Westpoint Addition (Ft. Worth) Block 32 Lot 8
2017 Property Tax Amount: $3,692
MLS Sold Comps:
1) 251 Indian Mound Fort Worth 3/2/2 1,243SF $160,000 ($128.72/sf) Nice Remodel (Best Comp)
2) 328 Goldfinch Dr Fort Worth 3/2/2 2,102SF $235,000 ($111.80/sf) Nice Remodel – Much Bigger Home
3) 10054 Grand Meadow Ct Fort Worth 4/2/2 1,856SF 160,000 (($86.49/sf) Rental Ready Remodel
Rental Retail
ARV: $170,000 ARV: $175,000
Pruchase Price: $115,000 Purchase Price: $115,500
Rental Repairs: $18,000 Retail Repairs: $25,000
Potential Profit: $41,500 Potential Profit: $34,500
Retail Repairs: Flooring, paint, kitchen c-tops, paint cabinets, 1 bath remodel, minor landscape, possible minor foundation repair
Rental Repairs: Bedroom carpet, paint, light kitchen update, minor bath remodel, minor landscape, possible minor foundation repair