Investors Special in Deer Park

$ 119,000
7406 Valeda Drive, Deer Park, TX, USA,
Option Pending

Overview

  • Updated On:
  • November 14, 2024
  • 3 Bedrooms
  • 1 Bathrooms
  • Not Available Garages
  • 1,155 ft2
  • Year Built: 1955

Description

This property is a 2 bedroom, 1 bath single family home sitting on a 7,440 square foot lot and has 1,155 square feet of living space. This property will need remodeling and repairs to update it to current market trends. Another note to add is that the property has an extra room that can be converted into a third bedroom.

Purchase Price: $119,999

Repair Cost Estimate: ~ $42,500

A.R.V: $235,000

COMPARABLES:

https://www.redfin.com/TX/Deer-Park/7426-Elbridge-Ln-77536/home/30056806

https://www.redfin.com/TX/Deer-Park/7434-W-Temperance-Ln-77536/home/30056847

IMPORTANT DATES

Earnest Money Deposit Deadline: 11/15/2024
Option Fee Deadline: 11/15/2024

Earnest Money Amount: $3,000
Option Fee Amount:$200

Option Period expiration: 11/18/2024
Closing Date: 11/26/2024

Please let me know if you would like to discuss this property further or if you have any questions. You can reach me by email Bluewayinvestments01@gmail.com or by phone at 830-476-2802.
I look forward to hearing from you.

Address: 7406 Valeda Drive, Deer Park, TX, USA
City:
State/County:
Zip: 77536
Country: United States
Open In Google Maps
Property Id : 22478
Price: $ 119,000
Property Size: 1,155 ft2
Property Lot Size: 7,440 ft2
Rooms: 3
Bedrooms: 3
Bathrooms: 1
Year Built: 1955
After Repair Value: $235,000
Renovation Estimate: $42,500

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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.