Half acre lot on Cottonwood Creek!
Assignment contract offered for sale by wholesaler for the Property located at 202 Hyde Park Dr, Richardson, TX 75080
REDUCED TO $319,900
This home is a 1,783 SqFt three bedroom, two bath, two car garage brick contemporary house on a half acre creek lot. This is a rare opportunity to acquire a fix and flip project on one of the most uncommon pieces of property in Dallas County. This property sits on a half acre lot on Cottonwood Creek.
FINANCING: 2020 REI Group can originate a 6 month $280,000 hard money loan on this property for 1.5% origination and 12% interest only. This lending option is based primarily on the property, but the borrower will need to show enough liquidity (cash in the bank) in order to complete the project, which in this case we’d like to see $65,000 in cash.
REPAIRS: We believe the highest and best use for this property is as a fix and flip retail sale.
||202 Hyde Park Drive, Richardson, TX, USA
|Sq Footage Source
||I have equitable interest and am assigning my rights to purchase this property
||May 1st, 2018
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Seller assumes all responsibility for the content of this listing.