Wholesale Fix And Flip

Murphy | $615,000 | Showing Thursday

820 Owl Creek Dr, Murphy, TX 75094

$850,000 After Repair Value -
$615,000 Asking Price -
$0 Cost of Repairs =
$235,000 Potential Profit

Property Details

Asking Price $615,000

After Repair Value $850,000

Costs of Repairs $0

Potential Profit $235,000

Living Area 4811 ft2

Property Type Single Family House

Bedrooms 5

Bathrooms 4

Half Bathrooms 0

Parking 3

Listed with Agent No

Property Description

This 2005-built 5-bedroom, 4-bathroom home with a 3-car garage and pool offers substantial opportunity for value increase. With an estimated ARV of $850,000, based on comparable sold properties, it’s the perfect project for a seasoned investor looking for a property with plenty of space and upside.

Repairs Needed

It will need some cosmetic updating along with HVAC work to reach current market values. Our comps are not fully updated so a bit of modernizing should go a long way. The HOA is inexpensive at $460/annually. We\'re larger than a majority of our comps. None of the comps are super updated so lights cosmetics should go a long way on this one.

CONTACT LISTING OWNER

Michael Pareja

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