102 1st St, Wilmer, Texas, 75172 - ACTIVE
New Wilmer Wholesale Property
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Asking Price: $51,000
ARV: $124,000
Repairs: $30,000
Type: Single Family

Description

102 1st St
Wilmer, TX 75172

ARV: $124,000
Repairs: $30,000
Price: $51,000

Description:
This single family home is located in the J W Johnsons subdivision in the city of Wilmer which is South of I-45 directly East of Lancaster. This quaint little home will make a great rental property or a great area to create a note.

Repairs:
Home will need first and foremost some foundation repair. The entrance just inside the front door has a dip about 4" and needs to be leveled. The roof should be replaced along with the HVAC and then cosmetic updates. The exterior siding is actually in good shape, it just needs a good pressure wash.

Value:
There are 3 really nice comparable sales in the area that can justify a retail value of $124,000. There are a few rental comps in the area that show a lease price of $1000/mo!

Buyer to do their own due diligence. Buyer to pay all closing costs. A non-refundable $5,000 deposit will be required unless other arrangements are agreed.

There will be a scattered group showing on Friday May 1, 2020. Please inquire about time so we can space everyone out.


Features


Wholesale Properties Must Be Purchased With Cash Or Hard Money.


Jon
Phone:     817-753-2577
Email:       Jon@homebuyerscomplete.com
"Home Buyers Complete does not claim to be the owner of all of the properties for sale. If we are not the owners then we simply have an equitable interest in the property. Home Buyers Complete is a real estate investment firm and does not claim to be licensed real estate agents or brokers."