***SOLD*** Clean Grand Prairie Rental Property Opportunity

Solid rental property prospect

Assignment of contract offered by a wholesaler offered on 3712 Corn Valley Rd, Grand Prairie, TX 75052

This is a great rental property. 3/2/2 Brick 1987 build in a nice neighborhood of Grand prairie. It’s a $200k+ house that rents for more than $1,500 per month. I think it needs about $15,000 to make it a good rental prospect. We may only have one showing on this deal, so bring your buyers. We are asking $159,250. Closing date is 10/17/18.

We got a bid from the Rehab Squad.  Click here to view it.  We highly recommend Ray and his team.

Six month financing available with months with 15% down for non-owner occupants subject to borrower approval.

Here is a link to the tax rolls.

Yr Built: 1987
SqFt: 1,862
ARV: $205,000 ($110/ft)
Estimated Rehab: $15,000 (should be less.  Needs a roof, paint, TBT, flooring, and fixtures)
Rent:  $1,500 (This is a minimum.  Not many rent comps above 1,400 sqft)
Asking Price: $165,000 OBO

We’ll have pictures and video after Tuesday Showing.   Please call/text 214-922-1970 to find out what time we are showing the property on 10/09/18.

Financials

  • After Repaired Value: $205,000 
  • Estimated Rehab: $15,000 
  • Price: $159,250 
  • Terms: Cash, Bank, or Hard Money 
  • Estimated Rent: $1,500 

Property

  • Address: 3712 Corn Valley Rd, Grand Prairie, TX 75052 
  • Bedrooms:
  • Bathrooms:
  • Garage:
  • SqFt: 1,862 
  • Subdivision: HERITAGE HEIGHTS SOUTH 
  • Area: Carrier Pkwy and I-20 

Contact Information

  • Phone Number: 214-922-1970 
  • Contact Name: info@2020rei.com 
  • Contact User Name: Tim Herriage 
  • Date Listed: 10/09/2018 

Lease Terms

N/A

School

TBD

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