Richardson Investment Property – *SOLD*

Location Location Location REDUCED, Now 149k!

Assignment contract offered for sale by wholesaler for the Property located at

1003 Wake Dr, Richardson, TX 75081


3 beds baths1359 sqft

Yr Built: 1963

ARV: $220,000+

Asking Price $159k  REDUCED! Now $149k

Repairs (est): $35k

video: https://youtu.be/hE-WCDqfK1k

This opportunity for the right investor. Needs full cosmetic updating, roof, and HVAC. Recent comps in the area really boost the ARV on this one!

For more info and to schedule access, contact Justin @ 214-704-7248 or email justin@2020rei.com


Get $500 off this property when you use 3L Finance

FINANCING AVAILABLE on this and all of our investment properties from 3L Finance.  Call Mike now at 972-737-1850 to find out which loan is for you.

  • Loan Amount:  90% of purchase price + Rehab Amount:  90%-100%
  • Total Loan Amount (Purchase + Rehab):  Not to exceed 70% ARV
  • Interest Rate: 12%
  • Origination Fee: 2%
  • Term: 6 months
  • Other charges:  No other fees.  No appraisal required.  No underwriting/processing fees.

Financials

  • After Repaired Value: 220,000 
  • Estimated Rehab: 35,000 
  • Price: 149,000 
  • Terms: cash or cash-like financing 
  • Estimated Rent: 1650 

Property

  • Address: 1003 Wake Dr, Richardson, TX 75081, USA 
  • Bedrooms:
  • Bathrooms:
  • Garage:
  • SqFt: 1359 
  • Subdivision: Richardson East 
  • Area: Beltline / Grove 

Contact Information

  • Phone Number: 214-922-1970 
  • Contact Name: Justin 
  • Contact User Name: justin@2020rei.com 
  • Date Listed: 12/19/2017 

Other

  • Walk Score: 61 

Lease Terms

none

School

RISD

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