New Deal Just In! Nearly $165,000 Gross Profit Potential
109 Buffalo Trail, Lake Jackson, TX 77566
4 Bedrooms | 2.5 Baths | 2-Car Garage (Attached)
2,252 Sqft. (See Floorplan)
Lot: 2.27 Acres
Key Points:
- Renovation is 85% Complete!
- Needs Light Renovation to Add a Ton of Value!
- Option: Opt For White Farmhouse Brick w/ black & Cedar Accents that is WILDLY Popular Today!
- Granite Countertops Installed
- Huge Lot (2.27 Acres)
- Gorgeous, Mature Trees
- New Flooring (Partial)
- New Kitchen
- New Bathrooms
- Hot Water Heater – 2018
- HVAC Age Unknown
- Roof Age Unknown (Foreclosure – But looks to be in Good Shape from the ground)
Needs a Few, Clever Tweaks to get to the Top of the Market. A Few Examples:
- Interior Accent Wall(s)
- Wildly- Popular Farmhouse Look
- Advanced Move: Add a Lime Slurry or German Smear! (Ask me for my discount on materials)
- Spruce Up Exterior with Black or Charcoal Trim
- Add-In Natural Wood Elements to the Exterior
Estimated After-Renovation Value (ARV): $425,000 to $450,000 (Link to Comps)
Comps at a Glance:
1. 2323 Oakwood Dr sold for $525,900 ($183.37/ SF), is a 4/3 and the improvements are moderately larger than the subject.
2. 117 Dewberry Dr. sold for $455,000 ($181.71 / SF), is 4/2 and is slightly larger than the subject but has a much smaller lot.
3. 319 Buffalo Trail is pending after only 3 days on market at ($188.08/ SF), is a 3/2 (not 4/2 like the subject), is roughly 200 SF smaller than the subject and has a much smaller lot
Estimated Renovation Costs (Scope-Dependent): $20-$40k
Deposit: $7,500
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