Dallas/Fort Worth Real Estate Investor Club

Watauga Wholesale Deal

  • 25 Sep 2018 7:46 AM
    Message # 6691585
    Wholesale property for sale in Watauga & 76148. Please comment with your contact info or message/email us for more information.

    3 bedrooms & 2 bathroom(s) & 2 Car Garage & 1,145 sq ft

    ARV: $181,000

    Purchase price: $110,000

    Check out this wholesale deal in Watauga! This house is in good mechanical condition, but will need a full cosmetic rehab to sell for our suggested ARV. Also as a note, the comp that we used to determine the ARV is listed as pending, but is closing 9/25/18 for $181k, and is being sold by an investor friend of ours. The roof on this house was replaced in 2012, HVAC air handler was replaced in 2010, and the condenser looks like it was replaced more recently. The foundation was repaired in 2000, and there are no signs of foundation issues. The water heater was replaced in 2012. The utility room was enclosed, which added the additional square footage on top of the tax records. It will need an HVAC duct run to it. The electric panel in the utility room should be upgraded/replaced.


    Last modified: 25 Sep 2018 7:51 AM | Robin Carriger (Administrator)

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