Description

Get it while it lasts!

Address: 7560 King Arthur Rd Frisco, TX 75035

This is a rare chance to grab this wholesale OFF MARKET deal in the heart of the appreciating Frisco market.  Major intersections are Preston/Main St.

This would make for a great buy and hold, or quick flip!  The DOM is extremely low, and several comps have sold over asking, including one that sold $20K over asking price at $164/sqft (8281 Hyde Park), which is right down the street.  I am pricing this lower than ANY similar comp that has sold within a .5 mile radius. 


Breakdown:

3/2/2

Built in 1993

1861 sqft


The home itself is overall in good shape.  It will need minor updates in kitchen and bathrooms.  The kitchen will just need counter tops and flooring. One of the bathrooms really would only need vanity top, fixtures and some tile work.  Master bath would need an update.  The master would also need cosmetics and the other two bedrooms would need paint and touch ups.  You could choose to replace some of the tile in main areas.  The exterior could use some work.  There is a nice retaining wall recently added out front, but it will need some sod front and back and some touching up.  


Pictures:

https://www.dropbox.com/sh/7jwx5vponk3t3i0/AADCnEmavskPgfElrPozuVt0a?dl=0


Numbers:

ARV: $290K ($156/sqft.  Most comps are selling from $150-160/sqft+)

Rehab: $35K

Rental comps: $1700-$2000/mo

Purchase Price: $202K Cash or Hard Money Only!


Buyer Pays All Closing Costs.


Contact me ASAP for showing details.




Property Details

Property Status Expired
Price $202
Estimated Repairs $35,000
Square Footage 1861
Sq Footage Source
Estimated ARV $290
Estimated Equity $-34,912
Bedrooms 3
Bathrooms 2
Garage Size 2
Year Built 1993
Publish Date August 11th, 2016

Seller Information

Doug Hentges

Member since August 2016


Do your research before making any investment!

Seller assumes all responsibility for the content of this listing.