Dallas-Fort Worth Real Estate Investor Club

Looking for Cash Buyers/Rehabbers in the Dallas Area (Off Market Property Knox Henderson)

  • 09 May 2019 12:33 PM
    Message # 7331777

    Property Description:
    Off-market 1920 Craftsman in Dallas, TX. 1708 sq ft - 3/2/2. All of our rehab comps sold or pending with low days on market. This property needs a major rehab but in great condition for its age. Roof updated in 2016. Walking distance to popular Henderson Ave or Lower Greenville.

    Call Me: 214 - 223 - 3020 for more information

    Price: $379,000

    ARV: $589,000 for Rehabs (based on price per sq ft)

    ARV: $850,000 - $1.2M for New Builds

    Investor Notes:
    *Off-market 3/2/2 Craftsman home in desirable area. 
    *Home surrounded by rehabs and new builds
    *Very well-maintained, but need a full update to sell at market value.
    *Comps for rehabs selling with low days on market

    MLS Comp Data for Rehabs:
    5231 Goodwin Ave – Sold $515,000 
    3/2/2| 1,585 sqft | 18 DOM | $324 sq ft

    5354 Goodwin Ave – Sold $491,000 
    3/1/2| 1,570 | 4 DOM | $313 sq ft

    5323 Willis Ave – Pending $485,000 
    3/2/1| 1,404 | 5 DOM | $345 sq ft

    MLS Comp Data for New Builds:
    5427 Miller Ave – Sold $1,179,000
    3/3/2| 3,403 sqft | 31 DOM | 

    5223 Richard Ave – Sold $949,900
    4/4/2| 3,603 sqft | 60 DOM | 

    5436 Vickery Blvd – Sold $1,175,000
    4/3/2| 3,692 | 49 DOM | 


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