1) 2507 Lincoln Ave Fort Worth TX 76164 5-plex, 4 units - 1/1, 1 unit - 2/2 brings in 2469/mo, 21 cap rate Sale price 87,500k price reduced 10k (58), ARV 150K
2) 7940 Ivory LN Dallas, TX, 75216 3/2, 2-story, 1744 sqft, yr built 1947, lot 6145 sqft was previous owners rehab project, new roof, new framing needs approx. 10k-15k repairs to complete Sale price 13,496.83k (33), ARV 40,903.33K Market Area Research: Owner Occupied 62.99 Tenant Occupied 37.01
This property is vacant and work was started and not finished. It is pier and beam. The owner does not want it anymore as the people that owned it did a owner finance and just ran out of money to fix it and left it the way it is. The house is completely gutted no AC, and it can be made into 3 or 4 rooms and 1-2 bath its up to whoever buys it. The roof is not bad. No pool, it has a shed in the back that can stay or tear down.
3) 2513 Lakewood Dr., Garland, TX 75042 Western Heights 3/1.5, 1162 sf, Yr built 1986 Hardwood floors, Storm windows, Aluminum siding Sale price 62,000K (67), ARV 92,000K 0 repairs needed Market Area Research: Owner Occupied 57.81 Tenant Occupied 42.19 4) 217 SE 11th St., Grand Prairie, TX 75051 duplex 2/2 both units, 1396 sf, Yr built 1942, lot 6583 sf, Sale price 40,370K (65), ARV 62,108.67K 0 repairs needed Market Area Research: Owner Occupied 56.02 Tenant Occupied 43.98
Units rented at 414/mo & 400/mo and occupied now.
5) 4007 Stanley Smith Dr., Dallas, TX 75216 3/1 , Yr built 1952, 768 sf, lot 8105 sf, Sale price 39,000K (65), ARV 60,000K 3,000K repairs (carpet, paint) currently rented at 600/mo Market Area Research: Owner Occupied 62.99 Tenant Occupied 37.01
6) 6719 Hewitt St., North Richland Hills, TX 76180 3/2, 2196 sf, Yr built: 2007 sale price 137,424.75K (75), ARV 183,233K 0 repairs Market Area Research: Owner Occupied 67.37 Tenant Occupied 32.63
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