Fix & Flip House on Lake Welsh Reservoir

275 County Road 4855, Cookville, TX 75558

$185,000 After Repair Value -
$109,949 Asking Price -
$20,000 Cost of Repairs =
$55,051 Potential Profit

Property Details

Asking Price $109,949

After Repair Value $185,000

Costs of Repairs $20,000

Potential Profit $55,051

Living Area 1862 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 2

Half Bathrooms N/A

Parking 1

Listed with Agent 0

Property Description

Located between Mt Pleasant, TX and Pittsburg, TX at Lake Welsh Reservoir 4 bedroom 2 bath with lake views, 200 yards from Lake Welsh Boat ramp. The home is livable but needs some updating and TLC. Could be a great rental, AirBnB or single family house by the lake. Don\'t let this one pass you up! (Serious Inquiries Only - No Wholesalers) No Owner Financing - No HOA & No RestrictionsEstimated After Repair Value $185k, Estimated Repairs - Do Your Own Due Diligence, Estimated Rents $850-$1400. Transactional Details * this is a wholesale transaction. We have this property under contract which gives us an equitable interest. We are reselling that interest to a third party* Cash or Hard Money only $2,500 Non-Refundable Earnest Deposit at title company of our choice (contingent on clear title) Buyer Pays all closing costs. Property is sold in as-is condition Title is open and will not be moved. Please conduct your own due diligence before signing contract.

Repairs Needed

Buyer do your own due diligence. Cosmetic, paint and flooring.


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