Dallas/Fort Worth Real Estate Investor Club

Off market property 4702 Woodside Drive, Arlington TX 76013

  • 30 Jul 2019 11:13 PM
    Message # 7805066

    Off market property 4702 Woodside Drive, Arlington TX 76013.

    ARV:  $290,000+

    Asking:  $228,000

    Please call/text us at (972) 793-0777 for access.

    Property details:

    Single family, 4 bed/3 bath/2 car attached garage, 2,386 square feet.

    Lot is 10,530 square feet.  Year built:  1973.

    Buyer pays all closing costs.

    Property Description:

    Off-market property in beautiful neighborhood with plentiful trees in one of the most desirable school districts in Arlington.  Property is vacant.  Market rent in the area is $1,910 per month.

    Seller painted interior and exterior, and put in new carpet and flooring.  Roof has been verified by professional roofer to be in good shape.  Outside AC unit is a few years old but looks brand new.

    To achieve maximum potential, rehab needed includes installing new vent hood to match appliances, kitchen updates including new countertops and refinishing/painting of cabinets, purchasing microwave, purchasing and installing light fixtures throughout the house, new cabinet for bathroom, master bath painted and other two bathrooms tiled and painted.  Foundation needs piers; contractor estimate for foundation repair came in at $10,700.

    Area has very strong comps with house next door selling at $140/square foot.

    We have equitable interest in this property and are looking to assign our contract (i.e. wholesale) to an end buyer.  Call/text now if interested.

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