3923 Frisco Ave
Irving, TX 75061

ARV: $1,100,000
Repairs: $572,000
Price: $215,000

Description:
This property is located in the Collins Place subdivision and is being sold for land value. There is an existing 2 bed 1 bath house that we consider has little value and should be demolished to build new construction home(s).
The survey will show that the land is 2 separate lots and could be separated into 2 addresses in order to build 2 houses and still have each around 0.45 acres.
Currently the land is 0.91 acres measuring 130' x 308' which is more than enough for 2 single family homes.

Repairs:
New construction and demolish existing home.

Value:
There are very few new construction homes in this area due to the lack of available land in Irving. Searching out to 3/4 mile radius you will see 3 new construction homes that sold in the past 6 months ranging from $400k - $498k and all 3 on small lots. With the land that comes with this property, $550k would be easy!

Buyer to do their own due diligence. Buyer to pay all closing costs. A non-refundable $8,000 deposit will be required unless other arrangements are agreed.

Feel free to drive by the lot, we do not have access to the house.