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Update: This property just sold since the recording was made.
List Price: $55,900
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This is Real Estate IQ’s Deal of the Day. And today we have found a fabulous deal for you, in the Houston market.
Hello, everyone! Welcome to another Houston Metro's Deal of the Day. And today, we're looking at this property at 1508 13th Street, Texas City, Texas, 77590.
Looking at the details of our property, it's currently listed at $55,900, with an estimated price or today's worth is at $113,166, price per square foot at $51.19, and estimated price per square foot of $103.63. So if you see, this was listed just this month on the first.
We're looking at a one-story with three beds, one full bath, one car garage property, built in 1960, and with a total square feet of 1092.
Neighborhood, subdivision, and schools at Sunset Terrace, 52 Texas City: Blocker Middle School and Texas City High School. MLS information here: listing agent's name, phone number, and phone number as well.
So, we have selected two sold comps. The fist one is at 1529 15th Avenue, with a price per square foot of $124.88, 0.29 miles from our subject property, and 67 recency days. The other one is at 510 22nd Avenue, $82.38 price per square foot, 0.83 miles, and 61 recency days. Both single property type. The total square feet is 1045 and 1141.
So let’s check the photos of our subject property. That's the external part that needs a lot of work. And inside, you might do some repainting on the walls and fix ups for the flooring.
Now, let's go and check the photos of our two selected sold comps. The first one gives you hardwood laminated flooring, wooden white kitchen cabinets, and tiled flooring. And for your second sold comp, also hardwood laminated flooring, high ceiling, pantry, and white wooden kitchen cabinets.
Looking at the map view, where the yellow star is, that is where our subject property is currently situated. And just like how Google Map works, you can drag and drop our Google man. You might want to take a look at this, considering a $55,900 on the list price. So you have your full 360 view of the Street, as well as the neighborhood.
Looking at the investment summary, asking or offer price is $55,900 and the estimated price or after repair value of #113,116, gives you a 50.6% discount percentage, best for flipping or wholesaling. You also have your IQ gross discount for about $57,266.
So that ends our Deal of the Day. And as always, happy Deal Finding!
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