4506 Colonial Ave, Dallas, Texas, 75215 - SALE PENDING
New Dallas Wholesale Property
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Asking Price: $50,000
ARV: $118,000
Repairs: $26,000
Type: Single Family
3 Beds |
1.0 Baths
Living SQFT: 1,052
Lot SQFT: 7,950
Year Built: 1935


Additional Information

Description

4506 Colonial Ave
Dallas, TX 75215

ARV: $118,000
Repairs: $26,000
Price: $50,000

Description:
This single family home is located in the Ervay Terrace subdivision which is located less than 3 miles from downtown Dallas!! In addition there are literally dozens of new build houses within a half mile radius that have recently sold and several that are newly on the market, this area is continuing to improve!

Repairs:
This home will need exterior pressure wash and/or paint, inside will need some roof leak repair to the ceiling, electrical wiring, resurface hardwoods and replace other flooring in kitchen and bath and bedrooms, the kitchen can be lightly updated with paint and counter or fully gut. New HVAC will be needed also along with new paint.

Value:
There are 2 slightly larger houses that sold nearby that averaged $127,000 so we put a lower conservative number of $118,000 for the ARV. Owner carry prices are still a bit higher or can be sold as-is on a note!

Buyer to do their own due diligence. Buyer to pay all closing costs. A non-refundable $3,000 deposit will be required unless other arrangements are agreed.

Contact us today for showing instructions.


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."