Fantastic investment opportunity for a Houston area flipper looking for their next home run project offered at 64 Cents on the Dollar. Deal is only available for a VERY limited time until Monday September 30. We will hold an open house Friday from 11-1PM for all interested investors to view the interior.
This majestic Champions home on a tree-shaded oversized corner lot, offers 4 bedrooms 3.5 baths and a 3 car garage on over 3900 sf of living space with a backyard paradise complete with sparkling swimming pool and tropical landscaping. The home backs to the Wimbledon hike and bike trail with no back neighbors.
Structurally sound and never flooded, this home needs the vision of an astute investor and mostly cosmetic renovations to restore it to its former glory. Secondary bathrooms are already remodeled. Master Bedroom and upstairs bedroom have hardwood floors. Market value is well established and on most homes take 28-36 days to sell in this beautiful community so you will be able to resell quickly once renovations are complete.
Financial Breakdown
After Repair Value (ARV) | $370,000 |
Cost of Renovations (Est) | $54,500 |
Wholesale Price | $239,900 |
We are looking for Cash Offers only with proof of funds. Hard earnest money of $7500 locks the deal. First Come First Serve. Buyer pays all closing costs. No assignment clauses allowed.
If you’re interested, please contact us or if you’re seeing this in your email, hit reply.
Map and Location
The property is located in Wimbledon Estates – a great community zoned to excellent schools in Northwest Houston. Great access to Louetta Rd as well as I-45 and Grand Parkway (within minutes).
Photos
If you’re interested, please contact us or if you’re seeing this in your email, hit reply.