Description





  Texas Wholesale Properties 
Your #1 Source for Deep Discount Properties 














Offering this OFF MARKET Investment Opportunity 
















 8018 Spinnaker Cove
Rowlett, TX 75089
MAPSCO 20B-N 













3 Bed 2 Bath 2 Car Garage

1,717Sq Ft 
1986 Yr Blt 
9089 sq ft Corner Lot














$145,000 
(Or Best Offer)
*Realtors- Add your fee (whatever you like), over and above the asking price* 
























Click to enlarge










This house is solid and does not need much work to shine again! Rehabbed houses in the area have sold for $189,000 recently (smaller sq ft). I believe $115 sq ft would be realistic and easily obtained with about $12k in repairs on this house. You could push $120/sq ft with a little more upgrades in the rehab budget. Some pictures are 3 months old and show tenant belongings, but as of today this house is vacant and empty, ready to go. Must close on or before 11/18/2016. Lock box will be installed soon. Drive by or call me for access @ 214-663-2962.


ARV: $198,000 



Repairs:  
- Rental $8,000
- Retail $12,000


This house is vacant and ready to go. Just needs paint, flooring and minor repairs to make it rent ready, and kitchen and bath upgrades for a retail flip. Will also need a window replaced and fence repairs.  Foundation was repaired 2 years ago and appears good, roof is good, major systems are all good.


Rental Rate: $1500+/mth 





















Additional Information

















Click Here for the County Tax Record

Click Here for a Comparable report!
Click Here for more pictures!
Click Here to Download the Contract Package
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Please review pictures and make an offer along with your request to visit.




Showing requests that have an offer included will be given priority.
If something materially different is found during visit, offer may be withdrawn or amended.
We review ALL offers and accept backup offers. First to wire deposit gets the property.
Cash or hard money only $5,000 non-refundable deposit
Buyer pays all closing costs
Property to be sold as-is
Close Date: 11/18/16



















Please Do Your Own Due Diligence Before Signing Contract

Have questions or want to submit an offer?
Contact Rob Dryman: 214-663-2962 orrob@texashouseflipper.com 

















  I Buy Houses, LLC does not claim to be the owner of the properties we market for sale. We are simply assigning our equitable interest from a purchase contract. I Buy Houses, LLC is a real estate investment firm and does not claim to be licensed real estate agents or brokers.









Property Details

Property Status Expired
Price $145,000
Estimated Repairs $12,000
Square Footage 1717
Sq Footage Source
Estimated ARV $198,000
Estimated Equity $41,000
Bedrooms 3
Bathrooms 2
Garage Size 2
Year Built 1986
Publish Date November 1st, 2016

Seller Information

Rob Dryman

Member since June 2016


Do your research before making any investment!

Seller assumes all responsibility for the content of this listing.