3914 Alamo Rd , Bowie, Texas, 76230 - ACTIVE
New Bowie Wholesale Property
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Asking Price: $275000
ARV: $380,000
Repairs: $28000
Type: Single Family
3 Beds |
2.0 Baths
Living SQFT: 2,265
Lot SQFT: 1,770,280
Covered Parking: 2
Year Built: 1985


Additional Information

Description

3914 Alamo Rd
Bowie, TX 76230

ARV: $380,000
Repairs: $28,000
Price: $275,000

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Description:
This beautiful home is situated on a hilltop with excellent views of the countryside. This ranch consists of a large brick home with huge barn, stables, workshop, and feed storeroom for horses. This is an outstanding horse property with a large private roping and riding arena with an observation tower. Two stock tanks. Large rear patio overlooking the vast acreage on rolling hills. The property is fenced for cattle or horses!

Repairs:
Overall there is minimal cosmetic work needed however a slab leak has been identified that will need to be repaired. The bathrooms, kitchen and flooring have all been recently remodeled. The foundation shows a minor slope in one room but there are no visible cracks in exterior brick or tile flooring.

Value:
The comparable sales in the area for something like this are tough however we have a BPO from FirstValuation for $380,000 (see Repairs & Comps link to view). This coincides with a property in Bowie that is also on 40 acres with a much smaller house that sold for $378k along with several other ranches that have sold in the same range with less to offer. This is really a great deal with a lot of potential upside!

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.

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."