Great Fix and Flip opportunity on 2 lots

$ 230,000
114 Trailwood Rd, Enchanted Oaks, TX, USA, ,
Active

Overview

  • Updated On:
  • July 10, 2024
  • 3 Bedrooms
  • 2 Bathrooms
  • Not Available Garages
  • 1,780 ft2
  • Year Built: 1979

Description

**Fix and Flip Opportunity in Enchanted Oaks, TX – Near Lake!**

**Address:** 114 Trailwood Rd, Enchanted Oaks, TX 75156

**Features:**
– **Location:** Highly desirable area near the lake
– **Property Type:** Fixer-upper on 2 lots
– **Investment Potential:** Ideal for fix and flip and/or building a spec home on the second lot
– **Financial Options:** Cash offers and hard money loans accepted

**Details:**
– This property presents a prime fix and flip opportunity and the option to build a spec home on the adjacent lot.
– Located in a sought-after area near the lake, with strong comps and potential for high returns.
– Cash offers and hard money loans are welcome, making it accessible for serious investors.

**Investment Opportunity:**
– Renovate and resell for a profitable return, or consider building a spec home for additional income potential.
– Perfectly positioned to attract both homeowners and vacationers seeking properties in this desirable location.

**Financial Details:**
– **Asking Price:** Competitive; contact for current market evaluation and negotiation.

*Disclaimer: All interested parties are advised to verify information and conduct necessary inspections.*

Address: 114 Trailwood Rd, Enchanted Oaks, TX, USA
State/County:
Zip: 75156
Country: United States
Open In Google Maps
Property Id : 22419
Price: $ 230,000
Property Size: 1,780 ft2
Rooms: 4
Bedrooms: 3
Bathrooms: 2
Year Built: 1979
After Repair Value: 370000
Renovation Estimate: 50000

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Rehab Calculator Cheat Sheet

This table can provide a rough estimate on what rehab costs might look like. This is in no way meant to represent your rehab costs, rather a guide to help get you started. You’ll want to consider the labor costs and materials in your area.

Light: Condition with only paint or simple exterior cleanup needed to improve curb appeal.
Medium: May need new fixtures (plumbing and light), new tile, new tub/shower, new sinks, new paint and more. Windows and doors may also need complete replacement due to age or functionality issues.
Heavy: This is the all-in rehab where you look at everything from the “light” and “medium” levels to throwing in major items, such as foundation repair, roof replacement, replacement of appliances such as AC/Furnace, and door and window replacement.