EST. ARV: 250-260K Rents: $1800 4/2/2 Built 1974 sq. ft: 1738\'

2723 Creekwood Ct, Carrollton, TX 75006

$260,000 After Repair Value -
$195,000 Asking Price -
$0 Cost of Repairs =
$65,000 Potential Profit

Property Details

Asking Price $195,000

After Repair Value $260,000

Costs of Repairs $0

Potential Profit $65,000

Living Area na ft2

Property Type Townhome

Bedrooms 4

Bathrooms 2

Half Bathrooms 2

Parking 1

Listed with Agent No

Property Description

Townhouses in this complex renting for $1800 per month, with nice finish out you should be able to push - K ARV, last comp was basic finish out and sold for 243K last year in middle of pandemic and before market got crazy. HOA fee is $115 monthly and covers blanket Insurance, exterior maintenance, full use of facilities, maintenance of common areas. For a rental, I would replace carpet, minor sheetrock repair, paint and minor touch ups and then rent it out, unit does have some foundation issues that would need to be addressed for flip.

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