๐Ÿ“Hallsville TX๐Ÿ“ Turnkey Property at an Incredible Discount ๐Ÿก

Hallsville, TX, 75650 view full address
For Sale
Listed at: November 7th, 2024
Price
$200,000
ARV
$320,000
Gross Margin
$120,000
Sq. Footage
2068
Type
Single-Family
Parking
Driveway
Year build
1925
Lot size
0.45 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
If someone buys for this price, no more offers will be accepted
Summary

๐Ÿš๏ธ INCREDIBLE FLIP OR HOLD OPPORTUNITY IN HALLSVILLE TX! ๐Ÿ”„๐Ÿค

This 4-bed, 2.5-bath property in Hallsville TX 75650 sits on a nice .45-acre lot, offering a plenty of space for privacy and entertainment. This home has been well maintained over the years and is in turnkey condition. The property can be updated to your liking and give a newer appeal. Note: There are no foundation issues, HVAC and roof are both in working condition. With ongoing development in the area, this is an opportunity you don’t want to miss!

NO HOA!

After Repair Value (ARV): $320,000 ๐Ÿ’ฐ

Recent Comps (Sold in the past 6 months within 1 mile):

๐Ÿ 109 Bell St Hallsville TX – Sold for $399k (Fully Rehabbed and Closest to Size)

๐Ÿ  2001 Boston Drive Longview Dr – Sold for $335k (Turnkey Property and Close By)

๐Ÿ  35 Circle Rd Longview TX– Sold for $325k (Rehabbed and is 500 square feet smaller with 1 less bedroom)

Fix and Flip Potential: ๐Ÿ› ๏ธ With a rehab investment of $60K (using quality materials), you can bring this property up to the level of the comp that sold at 400k. Recommended improvements include:

  • New fixtures
  • Kitchen and bathroom updates
  • Flooring (optional)
  • Interior/exterior paint
  • Exterior Updates
  • Cabinetary
  • Tile Work
  • Minimal Landscaping

    If you wanted to reach the 350k Value, an investment of 25k or less would achieve that standard. Some recommended improvements are:
  • Interior Paint
  • Bathroom Update
  • Kitchen Update
  • Hardware and Fixture Updates

The average rents in this area for a 4 bedroom is approximately 2k-2.2k. There property is turnkey and ready to go!

NO, THIS HOUSE IS NOT ACTUALLY ON AUCTION WITH ZILLOW. THIS IS AN OFF-MARKET DIRECT TO SELLER DEAL. PLEASE CONTACT ME IF YOU HAVE ADDITIONAL QUESTIONS

Closing Date: 12/25/2024 or sooner
This property is currently vacant. To schedule a tour, please contact us directly.

This deal won’t last long! Submit inquiries to discuss further.

YOU CAN ALSO CONTACT ME AT 678-787-9323

Buyer is responsible for all closing costs.
Sight-unseen offers are welcome, but property tours must be arranged through us.


DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with a memorandum has been signed with the seller, giving this company exclusive rights to purchase the property. We do NOT represent the owner, nor are we brokers. Any attempt to contact the owner without our consent will result in legal action.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kyle Meckley

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