• Real Estate Deal of the Day August 29, 2019

    Real Estate Deal of the Day August 26, 2019

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    Update: This property just sold since the recording was made.

    MLS Deal Property

    322 Arborview, Garland, Texas 75043

    List Price: $95,000
    Bed/Bath/Pool/Stories: 4/2.0/0/2

    MLS Deal Finder Estimated Value:                          $187,115
    MLS Deal Finder Estimated Discount:                      $92,115
    MLS Deal Finder Estimated Discount%:                   49.23%

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    Real Estate Deal of the Day August 29, 2019

    [Video Transcription]

    This is Real Estate IQ’s Deal of the Day. And today we have found an awesome deal for you, in the DFW market.

    Hello everyone. Today's DFW deal of the day and our subject property for today is at 322 Arborview Garland 75043. Looking at the details with this property, it's currently listed 95,000 and worth about 187,115. And this property has list price per square foot of $68 and 94 cents and based on the comps in the area. This property has an estimated price per square foot of $135 and 79 cents. So, this two-story property has four bedrooms, two bathrooms with two carports, and this was built in 1971 with 1378 square feet. So, we can take a look at the map so that we can even select the exterior of the property. So, let's zoom in and grow up this little yellow guy. Alright, so yeah, the one with the yellow star. This is our subject property and its neighborhood. Alright, so that's really where we’re getting 19 sold comps, and the system automatically sending that for sold comps. So, let's take a look at the comps. And has pretty good price per square foot quite near to the subject property. It's .27 miles. And also, so second column also sold 62 days ago, .45 miles and really good price per square foot as well for $125 and 53 cents. Alright, with a third and a fourth comp, pretty good price per square foot as well distance and reads. So, let's take a look at the photos. So, we only have one photo of our subject property and let's alter the photo. So here's our first sold comp. Spread the listing agents remarks, it's fully updated also, and yes, it is. Now, moving on to our second comp. This looks nice and smooth..hardwood floor. Alright, and moving on to our third comp. And our last comp. So, all the comps already updated, already renovated and based on the comps selected with the system. So, we're getting an ARV or estimated price of 187,115 so that's where we're getting a discount of 92,115 and 49.23% we're also getting really good rental index 1.4 or that's an estimated monthly release of 1330. So, based on the sold comps and rental comps. This property is also for buy-and-hold since we're getting a pretty good handle index as well. So, that ends the deal of the day video for today, and happy Deal Finding everyone.

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